Hyundai India to Launch Hybrid, Plans 26 Models by 2030
ECONOMY & POLICY

Hyundai India to Launch Hybrid, Plans 26 Models by 2030

Hyundai Motor India Limited will introduce a hybrid vehicle as part of a larger plan to launch twenty-six models by 2030. The move aligns Hyundai with Toyota and Suzuki, who advocate hybrids to address India’s limited charging network and price-sensitive market.

The refreshed portfolio will include six battery-electric vehicles, twenty internal combustion engine models, and one hybrid. These will span both mass and premium segments, including hybrid sport utility vehicles.

According to Chief Operating Officer Tarun Garg, no single technology can meet all market needs. He called the hybrid segment a clear opportunity for Hyundai in India’s evolving landscape.

Self-charging hybrid vehicles combine electric and fuel-powered engines to deliver higher fuel efficiency. Hyundai’s strategy reflects a recalibrated approach in a market where electric vehicle adoption remains low.

In the year ending March 2025, electric vehicles accounted for just one per cent of Hyundai’s total sales in India. As government policies and consumer preferences continue to shift, Hyundai’s diversified product strategy aims to navigate the complex transition to greener mobility.

Source:Bloomberg

Hyundai Motor India Limited will introduce a hybrid vehicle as part of a larger plan to launch twenty-six models by 2030. The move aligns Hyundai with Toyota and Suzuki, who advocate hybrids to address India’s limited charging network and price-sensitive market.The refreshed portfolio will include six battery-electric vehicles, twenty internal combustion engine models, and one hybrid. These will span both mass and premium segments, including hybrid sport utility vehicles.According to Chief Operating Officer Tarun Garg, no single technology can meet all market needs. He called the hybrid segment a clear opportunity for Hyundai in India’s evolving landscape.Self-charging hybrid vehicles combine electric and fuel-powered engines to deliver higher fuel efficiency. Hyundai’s strategy reflects a recalibrated approach in a market where electric vehicle adoption remains low.In the year ending March 2025, electric vehicles accounted for just one per cent of Hyundai’s total sales in India. As government policies and consumer preferences continue to shift, Hyundai’s diversified product strategy aims to navigate the complex transition to greener mobility.Source:Bloomberg

Next Story
Infrastructure Transport

Delhi Airport to Finalise 20-Year Master Plan

Delhi International Airport Ltd (DIAL) is finalising a 20-year master plan to guide long term infrastructure and operational development at Indira Gandhi International Airport, an official said. The operator expects the plan to reflect changes in the airline industry, shifts in the competitive landscape and evolving infrastructure requirements across terminals, airside and support services. The official said the document is likely to be ready in the next two to two-and-a-half months as the operator moves through planning stages. The plan will be prepared after consultations with airport users ..

Next Story
Real Estate

Aadhar Housing Finance Targets Rs 500 bn AUM By FY29

Aadhar Housing Finance has set a target to raise its asset under management to Rs 500 billion (bn) by the end of FY29, aiming to achieve this over the next three financial years through an 18-20 per cent loan growth trajectory. The firm focuses on the low-income segment with a ticket size of less than Rs 1.5 million (mn) and has relied on that segment to drive expansion. The company closed FY26 with an AUM of Rs 305.71 bn, reflecting the expansion in recent years, and it reported a net profit rise of 22 per cent to Rs 11.08 bn. Management indicated that gross non-performing assets stood at 1.0..

Next Story
Infrastructure Energy

Government to Launch Coal Gasification Urea Policy

The government will unveil a coal gasification based policy for urea production within one month, aiming to promote the use of domestic coal feedstock in synthetic fertiliser manufacture. The move seeks to enhance self reliance in fertiliser supply and to provide an alternative route to natural gas based synthesis. Officials said the policy will set out technical standards, permitting norms and incentives for projects that adopt coal gasification technology. It will aim to attract investments from both public sector undertakings and private manufacturers. The scheme will address logistical and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement