The electric Creta, which has been spotted testing on public roads, will be included in the future range. It is expected to make its debut in the last quarter of this fiscal year. Hyundai, the nation’s second-biggest automaker, plans to increase the cost-effectiveness of its next electric vehicles (EVs) by emphasizing domestic manufacturing of vital parts.

These include work on drivetrains, power electronics, battery packs, and battery cells. Hyundai first entered the market with premium high-end EVs, and it plans to progressively move into the mass market.

For the purpose of assembling EV batteries, the corporation has leased a portion of its Tamil Nadu manufacturing facility to Mobis, a company under the Hyundai Motor corporation (HMC) group. By supplying HMIL with locally made battery packs, this calculated action seeks to significantly reduce import expenses. Hyundai Motor Group has also established a collaboration with Indian battery producer Exide Energy in order to strengthen local battery supply and production capacities.

In order to be eligible for production-linked incentive (PLI) subsidies in the near future, Hyundai intends to further up its localization efforts. In order to increase cost efficiency, it also intends to switch to a specialized EV platform.

The next Hyundai Creta EV is anticipated to use an electric motor from the base-spec Kona Electric and be marketed as a worldwide option. Similar to the ICE Creta standard model, it will come with a number of features. Future launch plans may also include the Loniq 6 and Loniq 7.