Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group looks beyond electric vehicles to boost its presence in a key auto market.
The group, which includes Hyundai Motor Corp and Kia Corp, is evaluating a hybrid sports car similar in size to India's best-selling mid-size Creta SUV, two of the sources with direct knowledge of the plans said.
Hyundai and Kia aim to launch hybrid SUVs in India in 2026 or 2027, one of the sources said, adding that electric vehicle plans in India are also on track.
Hyundai Motor Group said in a statement to Reuters that it was "committed to the future of electric mobility and will work to improve product strategies for each market."
Also Read: VECV to invest around INR 1000 cr on multiple alternative fuel technologies for new-age CVs
