Hyundai Motor India to Launch 26 New Products by FY2030

Hyundai India has recently made a big and futuristic announcement. The company has said that it is going to launch 26 new models in India by the year 2030. This will include petrol and diesel engine i.e. ICE cars, electric vehicles (EVs) and vehicles with hybrid technology.

The company made this announcement during its investor call and made it clear that Hyundai is preparing to strengthen its hold in the Indian market in the coming years.

Now let’s understand this announcement in detail and know what impact this decision is going to have on customers, car industry and the environment.

26 new models – big plan, big change

Hyundai Motor India Limited (HMIL) has informed that the company will launch a total of 26 new cars by 2030.

Of these:

• 20 vehicles will be petrol and diesel engined (ICE)
• 6 will be electric vehicles (EVs)
• Along with this, vehicles with hybrid technology will also be introduced

This will include completely new models as well as full model changes (i.e. major changes in both design and technology) and product enhancements of existing models.

For example, the company can bring a new version of its popular SUV Creta, or give new technology and design updates to cars like i20.

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Hyundai’s strategy – why is it doing such a big planning?

Hyundai’s Managing Director Mr. Unsoo Kim said that this plan reflects the company’s commitment to innovation, understanding the needs of the market and giving better value to the customers.

According to him, “We are going to bring 26 new products by 2030. This will include new models, full model change of existing vehicles and adding new features. There will be 20 vehicles in the ICE segment and 6 in the EV segment. Apart from this, we are also working on hybrid technology.”

It is clear from this that the company is not only focusing on electric vehicles, but is expanding its scope in every segment from petrol-diesel to hybrid and EV.

The journey of petrol-diesel cars will continue

Although the demand for electric vehicles is increasing, but in a country like India, a large number of people still prefer to buy petrol and diesel cars.

There are many reasons behind this:

• EV charging infrastructure is not available everywhere yet
• Petrol/diesel cars seem more reliable in long distance travel
• Budget and servicing concerns also keep many customers away from EV

Keeping this in mind, Hyundai will also continue to focus on ICE cars in the coming years. As is possible, the company can bring new versions of existing models like Grand i10, Aura, Verna.

EVs – There will be expansion in electric cars as well

While the demand for petrol-diesel vehicles will remain, Hyundai also wants to strengthen its hold in the EV segment. So far, the company has introduced premium electric models like Kona EV and Ioniq 5 in India.

These are the possibilities in the coming years:

• Hyundai can also bring small budget EV cars, which fit in the budget of the common man
• New electric vehicles like mid-size SUV can be introduced
• There can be major improvements in range, charging time and features

The Government of India is also promoting EVs, such as subsidy schemes like FAME-II and relaxation in EV policy by the states. In such a situation, this move of Hyundai matches the needs of the future.

Hybrid – A balanced option

• Hybrid technology is emerging as an excellent option between EV and ICE.
• Hybrid cars work on two engines – one petrol/diesel engine and the other electric motor. They:
• Save fuel
• Reduce pollution
• There is no worry about charging infrastructure

Companies like Toyota and Honda have already made hybrid technology successful in India. Now Hyundai is also moving in this direction, which will give rise to even more options for customers.

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What will be the benefits to customers?

The biggest benefit of this plan of Hyundai will be to the customers:

• Car options will be available according to every budget and need
• New technology, better safety features and design upgrades will be available
• Petrol, diesel, hybrid and EV – every option will be available from the same brand

For example, if a customer has a budget of only ₹ 8 lakh and wants a car for city drive, then he can get i10 or its new EV/hybrid version. On the other hand, if someone is looking for a family SUV, then he can get options like new Creta or Alcazar.

What does this mean for the Indian automobile market?

This decision by Hyundai is a positive sign for the Indian automobile industry. It makes it clear that companies are looking at India as a serious, long-term investment.

• These decisions can provide employment to millions of people
• Growth of the auto sector will be boosted
• Customers will get products of new technology and international standards

Conclusion

This plan of Hyundai is not just about launching a car, but it shows its commitment, innovation and customer-centric approach in India.

By working in all three areas – ICE, EV and hybrid – the company wants to serve all types of customers in the coming years. So if you are planning to buy a new car, then keep an eye on the upcoming models of Hyundai.

Hyundai India’s journey till 2030 is going to be very interesting and full of technology – and customers will be the most important link in this journey.

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