After Falling to 4th, Hyundai India Sets Sights on Recovery with 26 New Models by FY2030

Published: Taaza News May 19 2025

Hyundai Motor India has announced an ambitious roadmap to reclaim its position as the second-largest passenger vehicle manufacturer in the country. The company plans to launch 26 new models by FY2030, including 20 internal combustion engine (ICE) vehicles, six electric vehicles (EVs), and several hybrid variants to cater to diverse consumer needs.

Key Highlights of Hyundai's Comeback Strategy

Diverse Model Lineup

Hyundai's upcoming portfolio will span ICE, EV, and hybrid powertrains, ensuring broader market appeal across urban and rural segments.

₹7,000 Crore Investment in Sustainability

The automaker is investing ₹7,000 crore this year to support its model rollout and transition towards cleaner, more sustainable mobility solutions.

Focus on SUVs and Electric Vehicles

Capitalizing on the booming SUV and EV segments, Hyundai is preparing to launch several new SUVs, including its first India-manufactured electric SUV, expected as early as next year.

Manufacturing Expansion

To meet growing demand, Hyundai is expanding operations at its newly acquired Pune plant (formerly owned by General Motors). Combined with existing facilities, Hyundai and Kia aim for an annual capacity of 1.5 million units.

EV Infrastructure Development

Hyundai plans to scale its EV charging network to 485 stations across India by 2030, enhancing infrastructure to support the rising EV adoption.

This strategic push comes after Hyundai dropped to fourth place in the Indian passenger vehicle market, overtaken by domestic players like Tata Motors and Mahindra & Mahindra. By aggressively diversifying its lineup and expanding local manufacturing and infrastructure, Hyundai aims to re-establish its dominance and align with India’s evolving automotive landscape.