Hyundai India is now going to introduce the brand new six battery-driven four-wheelers through 2028. Among those, a specific model mass-marketplace EV, named Ioniq 5 will be launched in 2024 for the general public interest. It is a converted one from a current internal combustion engine.
In a discussion, Tarun Garg, director of Sales and Marketing at Hyundai India, said that the EV model would most presumably be an SUV.
So, why SUV?
- The body style of EV conversion is fitted better than a sedan.
- The more elevated height and somewhat boxy shape permit more space in the cabin.
- Furthermore, the EV model gives you enough scope for ground clearance that leaves better leeway to package batteries under the car floor.
However, Hyundai is yet to cite which ICE platform it will embrace for the new mass-market EV. There is a possibility that Hyundai could establish its market EV on the Venue compact SUV platform.
The Venue is among the latest models from Hyundai that first debuted in 2019. It delivers a good mix of looks, comfort, features, and space. Adding an EV powertrain will make the package more attractive. The technical specifications for converted EVs are still not declared.
- So Hyundai should be targeting somewhere between 300 to 400 km of range.
- The Venue EV can be able to recharge from 0 to 100 percent overnight, just by using your regular AC home charger.
Can Ioniq 5 stand out from the competition?
The modified Venue EV will have tough competition in the market. Why?
- Mahindra is working on an electric XUV 300.
- Tata got the Nexon EV, Altroz EV, and Tigor EV in the pipeline.
- Maruti could also have an EV out by 2025, for which the detailed plan is yet to be shared.
This announcement aligns with Hyundai’s global strategy of concentrating on sustainable mobility and focusing on SUVs. Hyundai Motor Company Chairman Euisun Chung has aimed to enhance profitability at the automobile company, including more sport-utility cars to the international lineup. Also, they are ready to put money into electric-vehicle ambitions.