Hyundai, India's second-largest car manufacturer, has launched its all-new hatchback Grand i10 NIOS priced between Rs 4.99 lakh and Rs 7.99 lakh.

NIOS is the third generation of i10 series to be launched in India. The car is available in two engine options, 1.2l petrol engine, which is BS VI-compliant and 1.2l diesel engine. The engine is the company's first BS-VI petrol engine in India.

Hyundai Motor Company will provide a glimpse into the future of mobility at the 2019 Frankfurt International Motor Show (the IAA, or Internationale Automobil-Ausstellung)—the world’s largest motor show that takes place from September 10-22. The company will showcase its full electric design concept envisioning its future EV design direction. The brand will also give a public world premiere to the all-new i10 and Hyundai Motorsport will unveil its first ever electric racing car.

Hyundai Motor India on Wednesday unveiled the first glimpse and announced the name of its new hatchback, the Grand i10 Nios. The overall design theme of Grand i10 Nios is focussed to create an advanced hatchback with cues from Indian architecture. The name ‘Nios’ means ‘more’ and depicts the persona of the athletic millennial offering more value, more features, more space and more excitement.

New Delhi: Hyundai Motor India Ltd - country’s second largest vehicle manufacturer- has taken over Maruti Suzuki India Ltd as the leading manufacturer of utility vehicles in the July, as a result of the overwhelming response received for Venue, the South Korean company’s first compact sport utility vehicle.

Come October, some dealers of Hyundai Motor India may need to furnish collateral of anywhere between 25% and 50% of the loan amount taken from State Bank of India, depending upon the lender’s internal rating. However, there are dealers who have already furnished the collateral at the time of renewing their loans or getting them enhanced.

Hyundai Motor India (HMIL) said it is working on a new platform to introduce mass market electric vehicles in India and is in talks with local vendors for supply of parts. The company has plans to launch such vehicles in two-three years.

A senior company official said it will have to invest a minimum of $200 million to set up this new platform for mass market EVs.

Hyundai Motor is planning to develop a new electric vehicle (EV) platform for India to address the mass market. The company plans to invest around $200 million to develop the new platform.

"We are working on a (electric) platform, which will be for Indian mass market and it would cost around $200 million," said S S Kim, MD and CEO of Hyundai Motor India, adding that the product may be launched in the next 3-4 years.

Hyundai Motor India is considering a proposal to use the manufacturing plant of sister firm Kia Motors in Andhra Pradesh as the company’s plants in Tamil Nadu are being operated at a 100% capacity utilisation and it has no immediate plans to invest in setting up a new manufacturing facility, people aware of the development said.

PUNE: Hyundai, second biggest car maker, which launched its first full-electric Kona SUV last week at Rs 25.30 lakh pan India showroom, could become cheaper by Rs 1.40 lakh.

Finance Minister Nirmala Sitharaman in her maiden Budget to promote e-mobility had proposed to slash the Goods and Services Tax from the present 12 per cent to 5 per cent on electric vehicles has been shared with the GST Council.

South Korean automaker Hyundai on Tuesday launched it's first fully electric SUV — Kona Electric, in India. The vehicles priced at ₹25.30 lakh, promises a driving range of 452 km/charge.

“India is ushering into a new era with clean and connected mobility...Hyundai is leading the future mobility solutions globally and will bring in the most relevant technology in the clean mobility space in the Indian market," S.S. Kim, MD and CEO, Hyundai Motor India Limited said.

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