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Home Technology Hyundai India Slated To Launch 26 New Cars In India By FY2030, Including EVs And Hybrids

Hyundai India Slated To Launch 26 New Cars In India By FY2030, Including EVs And Hybrids

The lineup will include 20 internal combustion engine (ICE) vehicles and 6 electric vehicles (EVs), along with the introduction of hybrid models.

By Moinak Pal
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Hyundai Motor India has unveiled an ambitious product strategy, confirming plans to launch over 26 new models in the country by the end of FY2030. The lineup will include 20 internal combustion engine (ICE) vehicles and 6 electric vehicles (EVs), along with the introduction of hybrid models, marking a significant shift toward sustainable mobility. The first strong hybrid is expected to debut in India as early as September 2025.

Hyundai Plans New Talegaon facility in Pune Next Year

To support this aggressive launch schedule, Hyundai announced production expansion plans, including the commencement of operations at its new Talegaon facility in Pune by Q3 2026. This facility is expected to play a key role in manufacturing hybrid vehicles as part of the company’s eco-friendly transition.

This strategic announcement coincided with Hyundai’s Q4 FY2025 financial results. The automaker reported a 4% decline in consolidated profit after tax (PAT), which dropped to ₹1,614 crore for the January-March 2025 quarter, compared to ₹1,677 crore in the same period last year. The decline was attributed to reduced domestic sales, with Hyundai selling 1,53,550 units in Q4 FY2025, down from 1,60,317 units in the corresponding period of FY2024.

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However, total revenue from operations increased marginally to ₹17,940 crore, up from ₹17,671 crore in the same quarter last year. Export performance offered a bright spot, rising to 38,100 units in Q4 FY2025 from 33,400 units a year earlier.

For the full fiscal year 2024-25, Hyundai reported a 7% dip in consolidated PAT at ₹5,640 crore, down from ₹6,060 crore in FY2023-24. Revenue also slipped slightly to ₹69,193 crore from ₹69,829 crore. Domestic sales for the year fell to 5,98,666 units, compared to 6,14,721 units in the previous fiscal, while exports remained relatively flat at 1,63,386 units.

Unsoo Kim, Managing Director of Hyundai Motor India, emphasised the company’s dedication to innovation and customer satisfaction, highlighting that the planned product mix—including new models, full model changes, and upgrades—will strengthen Hyundai’s position in the competitive Indian automotive market.

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