Hyundai is all set to take up the competition to the next level in the Indian market. The company is already flourishing in Indian market by the ultimate models of Eon to Creta SUV. The line up will include new models and updated versions of existing cars by 2020.
“We will launch 9 new models until 2020, including two facelifts, two new segments, four full model change and one electric vehicle. This will include development expenses of Rs. 6000 – Rs. 6500 crores during this period” said Hyundai MD and CEO Y.K.Koo.
We already knew that company is all set to launch and revive Santro badge in India. The first of the new launches will be a small hatchback that is expected to hit showrooms in the coming months. This model will take place of Eon in Hyundai line-up. Powering the car with an updated version of original Hyundai Santo’s ‘Epsilon ‘four-cylinder petrol engine. There are talks that this new model could resurrect the popular Santro name in the Indian market.
The second all-new product is expected to be the subcompact SUV, which the company had showcased as a concept at the 2016 Auto Expo. The concept on which this SUV is built is known as Carlino. Sources tell us that this compact SUV will form the basis for all new models like Kia which will hit the Indian Market after this.
Hyundai plans to introduce the redesigned Tucson in 2020, which suggests that the third-gen Hyundai Tucson might receive a facelift by the end of 2018. The refreshed Tucson apart, apart from getting styling tweaks and feature additions, also gets a new diesel engine with mild-hybrid tech.
Hyundai will also launch the next-gen Santa Fe in 2018 and the 7-seater version will be introduced in early 2019. The latest-gen Santa Fe has radical styling with a Koa-like nose and larger dimensions for more interior room. It also has various high-tech features like automatic emergency braking etc. The gen-Creta is also expected to get a 7 seater variant. The company is also testing its Hyundai i30 hatchback in India, however, there is no more news about its upgradation.
Hyundai Elantra is also due for its update. While the model is not yet out, one can expect minor styling tweaks with more features being added to this.
The electric SUV coming to India will most likely be the Kona which will enter the market in 2019. The five-seater electric derivative will be priced at 25 lakh. It will initially be sold in 15 cities with Hyundai targeting to sell 50-60 units per month. The EV’s styling is similar to that of the standard model but subtle differences like the absence of exhausts and
a closed grille help differentiate it. Also, it gets minor tweaks on the inside like the addition of a digital dashboard.
The company is aiming to increase its production capacity by 50000 units along with the new model launches. The new model launch and enhancement of production capacity will surely encourage the sales of Hyundai but will have a new competition from Kia motors.
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