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Hyundai Hopes To Sell 50 Units Of Kona EV Annually In India

Hyundai Hopes To Sell 50 Units Of Kona EV Annually In India

Snapshot: Hyundai plans to launch 9 new cars in India in next three years with an investment of Rs. 65 billion.

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Hyundai is planning to launch the Kona electric SUV in India as part of its strategy to take a leading position in the Indian electric vehicle market which is expected to grow significantly in next decade. The South Korean auto manufacturer is hopeful to sell around 50 units of the Kona EV per year in the Indian market. The brand has already unveiled the Kona EV globally and it comes as unique looking as the conventional fuel-powered Kona SUV.

Hyundai will launch the Kona EV as a niche product in their domestic portfolio. It will be imported in India as CKD (Completely Knocked Down) unit and assembled locally at the brand’s Chennai plant. If the Hyundai Kona EV sees a good response from the Indian market, that brand will focus on increased localization to achieve competitive pricing. But, that’s unlikely to happen anytime soon.

Speaking about the launch of the Hyundai Kona EV, it will launch in 2019 and the car will be available in two different variants depending on the running range. The short range variant will get power from a 39.2 kWh lithium-ion battery-powered electric motor that is capable of churning out 133 bhp of peak power and 395 Nm of peak torque. This model will be able to run around 300 kilometres on a single charge.

The long-range variant of the Hyundai Kona EV will come powered by a 64 kWh lithium-ion battery-powered electric motor that is capable of kicking out 201 bhp of peak power 395 Nm of peak torque. It will be able to run 470 kilometres on a single charge. Initially, the short-range variant of the Kona EV will be available here, while the long-range model will be introduced at a later stage.

Source: Business Standard

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