Check Creta EV Price : Hyundai’s EV Strategy - Ushering a New Wave of Electric Vehicles in India
Check Creta EV Price : Hyundai’s EV Strategy -  Ushering a New Wave of Electric Vehicles in India

Check Creta EV Price : Hyundai’s EV Strategy – Ushering a New Wave of Electric Vehicles in India

April 7, 2025
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Hyundai Creta EV (Image Generated with AI)

Hyundai Creta EV Price: India’s electric vehicle (EV) market is growing rapidly, and Hyundai Motor India (HMIL) is well-positioned to lead this change. The company estimates that in the next 4–5 years, EVs will account for 12–13% of the domestic passenger vehicle market. To support this growth, Hyundai is planning to launch three new battery electric vehicles (BEVs) and build 600 fast-charging stations across the country.

 

Hyundai Creta EV Price

The Hyundai Creta Electric Car is anticipated to launch in India on January 17, 2025, during the Bharat Mobility Show in New Delhi. While official pricing will be announced at the event, industry estimates suggest the following ex-showroom prices

  • Executive Variant (42kWh battery): ₹16.5 lakh to ₹17 lakh

  • Smart Variant (42kWh battery): ₹18 lakh

  • Smart Variant (51.4kWh battery): ₹20 lakh

  • Premium Variant (42kWh battery): ₹20 lakh

  • Excellence Variant (51.4kWh battery): ₹22 lakh

These figures are based on available information and may vary upon official release.

Hyundai’s Vision for the Indian EV Market

HMIL’s COO Tarun Garg has made it clear that the path forward for India is electric. With favorable government policies and the expansion of charging infrastructure, EV adoption is expected to grow significantly.

He stated, “Earlier, it wasn’t clear whether EVs, hybrids, or some other technology would take the lead, but now it’s evident—EVs are the future.”

3 New Hyundai Creta EV Price—What Models Could Be Expected?

Hyundai has already launched premium models like the Ioniq 5 and the recently introduced Creta EV price with, which has received a strong market response. The company is now planning to launch 3 more electric models tailored to Indian roads and customer preferences.

Potential models may include:

  • Hyundai Casper EV: A compact and affordable electric car

  • Hyundai Kona Electric 2.0: An updated and refined version of the Kona

  • Hyundai Micro SUV EV: A micro SUV designed to rival Tata Punch EV

Focus on Local Manufacturing to Reduce EV Prices

To make EVs more affordable for Indian customers, Hyundai is focusing on local manufacturing. The company plans to produce key components such as battery cells, battery packs, power electronics, and drivetrains in India.

This move will not only reduce costs but also make EVs more accessible to the general public.

Massive Expansion of Charging Infrastructure

Hyundai plans to set up 600 public fast-charging stations across India within the next 7 years. These stations will be strategically placed in smart cities, highway corridors, and Tier 2/3 cities to ensure seamless charging for EV users.

This infrastructure expansion aims to eliminate range anxiety and make EV ownership more convenient.

Creta EV Price —Hyundai’s Masterstroke

Launched at the beginning of 2025, the Hyundai Creta EV has quickly become a popular choice. The company is selling nearly 1,000 units of the model every month. In March 2025 alone, Hyundai sold 18,059 units of the Creta, making it the best-selling SUV in the country.

By offering a trusted and stylish SUV in an electric variant, Hyundai has struck the right chord with Indian customers.

SUV Dominance in the EV Segment

According to Tarun Garg, SUVs accounted for 63.2% of the market share in FY 2024–25, which has now increased to 68.5%. It is expected to touch 70% within the next year. SUVs are dominating the EV space as they offer the perfect balance of performance, space, and style.

Entry of Other Big Players in the EV Segment

While Hyundai, Tata Motors, and Mahindra have already established a strong presence in the EV market, Maruti Suzuki is now preparing to enter the segment. Increased competition will likely lead to innovation and wider adoption of EVs.

EV Market Projection for 2030:

  • Share to grow from 2.5% to 12–13%

  • Massive growth in SUV-based EV demand

  • Local manufacturing to drastically reduce costs


Challenges in EV Adoption and Hyundai’s Preparedness

While there are tremendous opportunities in the EV segment, challenges remain:

  • Lack of widespread charging infrastructure

  • High battery costs

  • Limited trust in EV technology

Hyundai is actively addressing these issues by building more charging stations, localizing supply chains, and ensuring in-country production of key EV components.


Public Sentiment Towards EV Adoption in India

Market research shows that Indian consumers are becoming increasingly aware and accepting of EVs. Low maintenance costs, government subsidies, and extended warranties are key factors driving interest in electric mobility.

Conclusion: Is Hyundai Shaping the Future of EVs in India?

With its aggressive EV roadmap, commitment to local manufacturing, and nationwide charging infrastructure plans, Hyundai is poised to lead the EV revolution in India.

Its investment and long-term vision for electric mobility will play a crucial role in transforming India’s automobile sector toward a cleaner, sustainable future.

How many new EVs is Hyundai planning to launch in India?

Hyundai plans to launch 3 new battery electric vehicles in the Indian market over the coming years.

Will Hyundai EVs be affordable?

Yes, Hyundai is working to reduce EV prices by localizing the production of components, making EVs more affordable for Indian consumers.

What about the availability of charging stations?

Hyundai plans to install 600 public fast-charging stations across India within the next 7 years to support EV adoption.

How is the Hyundai Creta EV performing in the market?

The Creta EV has received an overwhelming response, with approximately 1,000 units sold every month since its launch.

Which other companies are active in the Indian EV market?

Apart from Hyundai, Tata Motors and Mahindra are already active in the EV space, and Maruti Suzuki is also set to enter the segment soon.

What is Creta EV Price

Executive Variant (42kWh battery): ₹16.5 lakh to ₹17 lakh​, Smart Variant (42kWh battery): ₹18 lakh, Smart Variant (51.4kWh battery): ₹20 lakh​, Premium Variant (42kWh battery): ₹20 lakh​, Excellence Variant (51.4kWh battery): ₹22 lakh

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