Earlier this month, it was reported that Hyundai was planning to develop a new electric vehicle (EV) architecture for the Indian market. More details of the new EV have now emerged online.
According to media reports, Hyundai’s new EV is likely to be manufactured at its Chennai plant. It could be a mini SUV or a premium hatchback. The carmaker also plans to export it to Middle East, Latin America, Africa and Asian markets.
Last week, Hyundai launched its first EV called the Kona Electric in the Indian market. It is priced at Rs. 25.30 lakh (ex-showroom, Delhi). The report also states that the company is now aiming to have a mass-volume electric model in its portfolio, which could be priced around Rs. 10 lakh.
Hyundai is also planning to setup a lithium-ion battery manufacturing plant in India.
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