Hyundai launches fully electric Kona SUV in India at Rs 25.3 lakh



South Korean auto major Hyundai Tuesday launched its full-electric SUV Kona in India priced at Rs 25.3 lakh, and sought government support for electric vehicles (EVs) for personal usage, not just for fleets.
The company, which is present in the country through its wholly-owned subsidiary Hyundai Motor India Ltd (HMIL), is also planning to develop a mass market EV for India to add to its newly launched full-electric SUV Kona.
"We have seen some positive development in the form of tax incentives on purchase of EVs as provided in the Budget, but we think more can be done by the government to accelerate adoption of EVs in India," HMIL MD and CEO S S Kim told PTI in an interview.
He said currently EVs are extremely expensive which require economies of scale to make them affordable for mass adoption.
Referring to the FAME II scheme, which provides incentives to four-wheeler EVs only for fleets and public transportation, Kim said, "Our desire is that such incentives should also be extended to personal usage too for the market to develop."
Commenting on the Kona EV, he said, "This will be the game changer in the Indian EV market. We are addressing range anxiety which is one of the biggest issues that consumers have in mind when buying an EV."
The company claims that the Kona EV delivers a range of 452 km in one single charge under standard testing conditions. Read More



Article Source -> Business Standard

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