Hyundai Unveils Bold Plan to Launch 26 New Cars in India by FY30

Hyundai Unveils Bold Plan: Hyundai, one of the leading automotive brands globally, is set to reshape the Indian market with an ambitious plan to launch 26 new vehicles by the end of FY30. This strategy comes as the company aims to maintain and grow its presence in the highly competitive and rapidly evolving Indian automobile market. With increasing competition from local players like Tata Motors and Mahindra & Mahindra, Hyundai’s bold move is designed to not only retain its current market share but also to capture new segments, particularly in electric and hybrid vehicle segments.

Hyundai’s focus on new launches includes a combination of internal combustion engine (ICE) models, electric vehicles (EVs), and hybrids. The company plans to introduce a total of 20 ICE models, which will feature petrol, diesel, and CNG powertrains, and 6 electric vehicles. This extensive lineup indicates Hyundai’s commitment to both innovation and sustainability, catering to the diverse needs of Indian consumers. The first major launches from Hyundai are expected in 2025, with the next-generation Hyundai Venue and a facelifted Ioniq 5 leading the charge.

This article will explore Hyundai’s bold strategy in more detail, shedding light on the models to expect, the company’s investment in the Indian market, and what these new vehicles mean for both consumers and the future of the Indian automotive industry.

Hyundai Unveils Bold Plan

Hyundai’s ambitious plan to launch 26 new vehicles by 2030 is a bold move that reflects the company’s commitment to the Indian market. By expanding its portfolio with ICE, electric, and hybrid models, Hyundai aims to cater to the diverse needs of Indian consumers while addressing the growing demand for eco-friendly vehicles. With a strategic focus on sustainability, urbanization, and technological innovation, Hyundai is positioning itself to reclaim its spot as a leading player in India’s competitive automotive industry.

Hyundai’s Bold New Vehicle Rollout: What’s Coming?

Hyundai’s roadmap to launching 26 new cars in India by 2030 is aimed at meeting the ever-evolving demands of Indian consumers. As one of the largest automobile markets in the world, India offers immense growth potential for global automakers. To stay competitive, Hyundai is focusing on several key vehicle categories:

1. Internal Combustion Engine (ICE) Models

Hyundai’s ICE models will continue to dominate its portfolio in the coming years. The company plans to launch 20 ICE vehicles by 2030, including a mix of petrol, diesel, and CNG variants. This ensures that Hyundai can cater to a broad consumer base, particularly in rural and semi-urban areas where traditional fuel options are still preferred.

Examples of new models in this category include a refreshed version of the Hyundai Venue, a compact SUV that has garnered significant popularity in India. The next-gen Venue, expected in 2025, is set to feature a complete design overhaul, improved driver assistance systems, and a more premium interior. This model is likely to appeal to urban buyers looking for a stylish, fuel-efficient compact SUV.

2. Electric Vehicles (EVs)

The Indian market is slowly warming up to electric vehicles, driven by environmental concerns and government incentives. Hyundai, recognizing the potential of the EV market, plans to introduce 6 fully electric vehicles by 2030. These vehicles will be a combination of hatchbacks, sedans, and SUVs, catering to a variety of needs.

The Hyundai Ioniq 5 facelift, slated for launch in 2025, will be one of the company’s flagship electric models. Known for its cutting-edge design and tech features, the Ioniq 5 has already garnered attention in international markets. The facelifted model will likely come with updated design elements, improved performance, and new features designed specifically for the Indian market.

In addition to the Ioniq 5, Hyundai will also launch more affordable electric options to cater to price-sensitive buyers. These models will likely feature smaller battery packs and more compact designs, making them ideal for Indian cities where traffic congestion and parking constraints are a concern.

3. Hybrid Vehicles

As the market for hybrid vehicles grows, Hyundai is also focusing on offering more eco-friendly alternatives. Hybrid vehicles combine both an internal combustion engine and an electric motor, providing better fuel efficiency and lower emissions than traditional ICE vehicles. Hyundai’s hybrid lineup is expected to include both sedans and SUVs, offering consumers an affordable bridge between gasoline-powered vehicles and fully electric cars.

Hyundai is also set to commence hybrid vehicle production at its Talegaon facility in Pune by Q3 2026. This will significantly boost local manufacturing capabilities and allow Hyundai to meet the growing demand for hybrid vehicles in India.

The Changing Landscape of the Indian Automotive Industry

The Growth of Electric Vehicles (EVs)

The Indian automotive industry is undergoing a major transformation with the rise of electric vehicles. The government has introduced several initiatives to boost the adoption of EVs, such as the FAME-II scheme, which offers subsidies and incentives for manufacturers and consumers alike. Hyundai, already an early mover in the electric car market with models like the Hyundai Kona EV, is doubling down on its EV strategy. With a growing number of consumers becoming environmentally conscious, the demand for EVs is expected to rise in the coming years. Hyundai’s focus on expanding its EV portfolio is a direct response to these market trends.

Rising Demand for Compact SUVs and Crossovers

India’s automobile market is witnessing a shift towards compact SUVs and crossovers, as consumers increasingly look for vehicles that offer a blend of style, practicality, and affordability. Hyundai’s success with models like the Hyundai Creta and Hyundai Venue shows that these vehicle types are in high demand. In response, Hyundai plans to introduce several new models in this category, designed to appeal to young professionals and families looking for spacious yet compact vehicles that are easy to drive in crowded urban areas.

Shifting Consumer Preferences

The preferences of Indian car buyers have evolved significantly over the past decade. While traditionally, Indian consumers were very price-sensitive, the demand for features like advanced technology, safety features, and eco-friendly options has been growing. Hyundai is keen to capitalize on this trend, introducing vehicles with advanced driver assistance systems (ADAS), better infotainment options, and improved safety features like multiple airbags and crash prevention systems.

Increasing Focus on After-Sales Service and Customer Experience

In addition to focusing on new vehicle launches, Hyundai is also working to enhance its customer experience in India. With rising competition, providing excellent after-sales service is crucial for building long-term brand loyalty. Hyundai has invested in improving its service network across India, ensuring that customers can easily access spare parts, service centers, and support. This effort is designed to foster trust and reliability in the brand.

Why This Bold Plan?

Hyundai’s decision to introduce 26 new vehicles by 2030 is a strategic one aimed at solidifying its position in the Indian market. The competition from domestic manufacturers like Tata Motors, which has been rapidly gaining ground with its electric vehicles like the Tata Nexon EV, and Mahindra & Mahindra, which has become a leader in the SUV space, has made it necessary for Hyundai to step up its game.

In FY25, Hyundai’s profit saw a slight dip of 4%, amounting to ₹1,614 crore. This may seem like a setback, but it highlights the challenges that even major global automakers face in the dynamic Indian market. By introducing new models across various segments, Hyundai is ensuring it can capture different buyer groups, from those looking for fuel-efficient ICE cars to environmentally conscious consumers opting for electric vehicles.

The company’s investment of ₹7,000 crore in India will also support these efforts. The focus on both product diversification and localized manufacturing at the Talegaon plant will allow Hyundai to stay competitive while keeping costs manageable.

Key Factors Driving the Future of Hyundai in India

1. The Shift Toward Sustainability

India’s automotive industry is increasingly focusing on sustainability, with consumers showing more interest in environmentally friendly vehicles. Hyundai’s investments in electric and hybrid vehicles are aligned with this shift. In fact, the Indian government’s push for clean energy vehicles, through initiatives like the Faster Adoption and Manufacturing of Hybrid and Electric Vehicles (FAME) scheme, has created a fertile ground for electric and hybrid cars.

Hyundai’s commitment to eco-friendly vehicles is not only about meeting regulatory requirements but also about appealing to the growing number of eco-conscious consumers.

2. The Urbanization Trend

As India continues to urbanize, demand for compact SUVs and crossovers has been rising. Vehicles like the Hyundai Venue are expected to see increased demand as young urban professionals seek versatile and affordable vehicles. Hyundai’s upcoming models will cater to this segment, offering a mix of style, technology, and functionality.

3. Technological Innovation

Hyundai’s new lineup will feature advanced driver assistance systems (ADAS), including features like lane-keeping assist, adaptive cruise control, and autonomous emergency braking. These tech-forward features are becoming a major selling point, especially among younger buyers who are tech-savvy and demand more from their vehicles.

FAQs about Hyundai Unveils Bold Plan

Q1: Why is Hyundai launching so many new cars in India?

Hyundai aims to maintain and grow its market share in India, responding to increasing competition and the shifting preferences of consumers. By introducing new models across multiple segments, including electric and hybrid vehicles, Hyundai plans to cater to a wider audience.

Q2: When will the next-gen Hyundai Venue be launched?

The next-gen Hyundai Venue is expected to be launched in 2025, with major updates to its design and features.

Q3: Will Hyundai’s new models be more affordable?

Hyundai is planning to introduce affordable electric vehicles, making EVs more accessible to a larger segment of the population. Additionally, its new ICE models will cater to different price points to suit various budgets.

Q4: Where will Hyundai’s new hybrid vehicles be manufactured?

Hyundai’s hybrid vehicles will be produced at its Talegaon facility in Pune, which will commence production by Q3 2026.