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Hyundai To Conduct Feasibility Study To Introduce Mini Electric SUV In India
Hyundai will conduct feasibility check to bring electric SUV to India.
India has set itself an ambitious target to go all-electric by 2030. Every carmaker in India is developing cars which will help the country to reduce its carbon imprint on the environment.
Hyundai, India's second largest carmaker, will conduct a feasibility study to introduce a mini electric SUV in India by the middle of 2018. Also, the South Korean company will look at the option of introducing electric versions of the Grand i10 and i20 compact cars as reported by ET Auto.
"Electric cars are a focus for us. We have to go by the government's policy and norms," said Hyundai India MD Y K Koo.
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As for the electrifying the Grand i10 and i20, he said "It's better to implement electric cars on lower-segment products. For example, the Grand i10 and i20, small cars are more convenient, more easy, and more practical for electric than bigger-sized vehicles when it comes to the Indian market."
He also said that there is no estimate can be confirmed now on the possibility of setting up an electric vehicles' portfolio in the country. "Hyundai has the electric technology globally. We will consider the next course of action only after completion of the feasibility study."
When asked if the entire portfolio of Hyundai will be electrified, Mr Koo said it's hard to move the whole fleet to electric by 2030; however, he said that several key segments could be upgraded.
"Public transport, ride-sharing and cab aggregators, and some private customers can surely transition to electric."
Also, he added that there is a need for robust infrastructure like charging stations for electric vehicles.
Other manufacturers like Tata Motors have already begun developing electric vehicles in their portfolio. The company is looking at introducing an electric version of its popular Tiago hatchback.
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While the 2030 target seems to be stiff and challenging, carmakers should look to develop vehicles which are more accurate to India and the need to reduce the carbon imprint on the environment.