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Hyundai India is set to enter the mainstream EV market with the launch of the Creta EV by January 2025.
Upon its launch, the Creta EV will compete with models like the Tata Curvv EV, BYD eMax7, MG ZS EV, and the upcoming Maruti eVX.
In addition to the Creta EV, Hyundai India plans to introduce three more all-electric models. Following the Creta EV, the second mass-market EV will be an electric micro-SUV named the Inster EV (codenamed HE1i), expected to launch in 2026. This vehicle will rival the Tata Punch EV. Built on Hyundai’s E-GMP platform, the Inster EV could become one of the most affordable EVs in India.
While the Creta EV and the Inster-based model have been confirmed, Hyundai is also considering electric versions of the Venue and Grand i10 Nios. The Venue EV will be significant as it will directly compete with the bestselling Nexon EV, while the Grand i10 Nios-based EV will target the Tata Tiago EV.
Moreover, Hyundai plans to aggressively pursue export markets, establishing India as a key manufacturing hub for mass-market EVs.