Hyundai will launch electric vehicles on a large scale in the next 2 years


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new Delhi. Automobile major Hyundai plans to launch electric vehicles on a large scale in the Indian market over the next two to three years.

According to Tarun Garg, Director (Sales & Marketing), Hyundai Motor India Limited (HMIL), the company is currently working on a new plan to launch the electric vehicle market on a wider scale and in the next two to three years it will be executed. can be given.

The company has launched a Kona electric vehicle at the moment, which costs around Rs 24 lakh.

During an exclusive interaction with IANS at Auto Expo 2020, Garg said that despite the challenging times, the company has been able to increase its market share in India.

He said this in the context of the slowdown in the automobile sector.

“We anticipate that the market will pick up in the second half of 2020, while sales may be stable in the first quarter,” Garg said.

According to the company, this is an opportunity to launch the new 2020 Tucson when the SUV is getting the highest sales.

The 2020 Tucson is equipped with a 2.0-liter petrol and diesel BS-6 engine. The company said that this would increase Hyundai’s dominance in the SUV segment in India. (IANS)

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