Hyundai Motor Company is set to enter the hybrid vehicle segment in the coming three years. While Laxmi Intercontinental, the authorised distributor of Hyundai vehicles in Nepal, has not confirmed the specific timing of the introduction of hybrid vehicles into the Nepalese market, Hyundai Motor India has indeed affirmed its plans to launch hybrid cars and SUVs by 2027. These hybrid vehicles are expected to be introduced in Nepal shortly after their launch in India.
With a rising global demand for hybrid vehicles, Hyundai aims to incorporate hybrid powertrains as a pivotal aspect of its electrified future in Nepal. As per Hyundai's statements, hybrids are set to play a significant role in its product lineup in the nation, alongside electric vehicles. In the foreseeable future, Hyundai is expected to introduce hybrid powertrain options for its midsize SUVs and sedans. This expansion may encompass models such as the Creta, Alcazar, Verna, and potentially even the larger Tucson SUV in the years ahead.
Hyundai has pledged an investment of Rs 33,000 crore in India over the next decade and aims to establish a production capacity of 1.5 million vehicles by the end of that period. Within less than a year, Hyundai plans to unveil its first electric vehicle (EV) based on the Creta, with localization efforts underway. Additionally, a mass-market electric vehicle is slated to be launched on Indian roads by 2026-27. In a strategic move, Hyundai has partnered with Indian battery manufacturer Exide Industries to localise cell production, ensuring competitive pricing for consumers.
Hyundai's decision to introduce hybrid cars and SUVs to Nepal marks a significant milestone in the country's automotive industry. By embracing sustainability and innovation, Hyundai not only revolutionizes the way Nepalese people commute but also sets a new standard for environmental responsibility in the global automotive market. With a perfect blend of sustainability, performance, and innovation, Hyundai's hybrid vehicles are poised to become the driving force behind Nepal's journey towards a greener, more prosperous future.
Maruti Suzuki, Hyundai's main competitor, along with its global alliance partner Toyota, remains at the forefront of the hybrid vehicle market. Kia has also already committed to bringing in hybrid vehicles in India. With Hyundai leading the charge, Nepal is poised to become a hub of green mobility, setting an example for countries around the world. Stay tuned for further updates as Hyundai prepares to roll out its hybrid cars and SUVs in Nepal by 2027.
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