TL;DR
Hyundai and Kia are developing new affordable EVs for the Indian market, with Kia's Syros EV launching in July and Hyundai's entry-level SUV by early 2027, featuring locally produced batteries for competitive pricing and over 400 km range.
Hyundai and Kia are gearing up to launch more affordable electric vehicles in the Indian market, aiming to compete directly with existing popular models like the Tata Nexon EV. Kia is set to unveil the pure electric variant of its Syros model in July, with customer deliveries anticipated to commence in August.
Hyundai also has plans for an entry-level electric SUV, expected to debut in early 2027. Both upcoming EVs from Kia and Hyundai are slated to utilize LFP battery cells manufactured by Exide Energy in India. This high degree of localization is crucial for enabling competitive pricing and achieving a targeted driving range of over 400 kilometers on a single charge.
