#2024 Hyundai Creta Price

[gaadikey]

2024 Hyundai Creta launched in India at Rs 10.99 lakhs

Hyundai Motor India today launched the highly awaited new Hyundai CRETA. Building on the success & legacy of the CRETA brand, the new Hyundai CRETA, promises a paradigm shift with cutting-edge technology, segment defining safety, exhilarating performance and comfort & convenience features. The new Hyundai CRETA stands unchallenged, embodying the essence of the Undisputed Ultimate. Speaking at…

[rahul1305]

New Hyundai Creta EV launching in 2025 with amazing features!

Hyundai Creta EV: Hyundai’s best-selling SUV car Hyundai Creta is now going to be launched soon for the people of India in a new style and electric variant in a new avatar. Hyundai is going to launch it in electric variant for which people are waiting very eagerly. Finally, their dream is going to be fulfilled in 2025 because Hyundai Creta is going to be launched on the occasion of Diwali in 2025.

Contents

Hyundai Creta EV: Design

Hyundai Creta EV: Features

Hyundai Creta EV: Safety Features

Hyundai Creta EV: Powertrain

Hyundai Creta EV: Price

conclusion

All Topic Explain In This Article - https://techupdates.in/automobile/hyundai-creta-ev-2025/.html

FAQ

1. What is the release date for the new Creta EV?

2. What will be the price of the new Hyundai Creta EV?

3. What are the features of the new Creta EV?

4. What are the safety features of the new Creta EV?

5. What will be the powertrain and performance of the new Creta EV?

All Topic Explain In This Article - https://techupdates.in/automobile/hyundai-creta-ev-2025/.html

[autocarindianews]

Hyundai Creta: A Comprehensive Overview

The Hyundai Creta has firmly established itself as a dominant force in the compact SUV market, earning accolades for its robust performance, stylish design, and cutting-edge features. Since its debut, the Hyundai Creta has consistently evolved, offering customers a perfect blend of innovation, comfort, and reliability.

Aesthetic Appeal and Design

The Hyundai Creta boasts a bold and dynamic design that sets it apart from its competitors. Its sleek lines, cascading grille, and sporty stance make it a head-turner on the road. The LED DRLs and projector headlamps enhance its modern aesthetic, while the alloy wheels and chrome accents add a touch of sophistication. The Hyundai Creta's design is not just about looks; it's also about functionality. The well-proportioned body and elevated ground clearance ensure a commanding road presence and superior driving dynamics.

Interior Comfort and Technology

Step inside the Hyundai Creta, and you'll be greeted by a premium cabin that exudes luxury and comfort. The spacious interior is thoughtfully designed, offering ample legroom and headroom for all passengers. High-quality materials and meticulous craftsmanship are evident throughout the cabin, from the soft-touch dashboard to the leather-wrapped steering wheel.

The Hyundai Creta is equipped with a host of advanced features that enhance the driving experience. The infotainment system, with its large touchscreen display, supports Apple CarPlay and Android Auto, ensuring seamless connectivity. The Bose premium sound system delivers an immersive audio experience, making every journey enjoyable. Additionally, features like wireless charging, ventilated seats, and a panoramic sunroof add to the overall convenience and luxury of the Hyundai Creta.

Performance and Efficiency

Under the hood, the Hyundai Creta offers a range of powerful and efficient engine options to suit different driving preferences. The petrol and diesel engines are designed to deliver a smooth and responsive performance, ensuring a dynamic driving experience. The Hyundai Creta's refined transmission options, including a 6-speed manual and automatic gearbox, provide seamless gear shifts and optimal fuel efficiency.

The Hyundai Creta also excels in fuel efficiency, making it an ideal choice for both city commuting and long-distance travel. The advanced drivetrain and lightweight construction contribute to its impressive mileage, reducing the overall cost of ownership.

https://www.diigo.com/file/image/brdpbbrazqobrsbboqzocaapbco/20240116012509__Creta+First+Look+Web+Resized+and+Watermarked._001.jpg

Safety and Reliability

When it comes to safety, the Hyundai Creta leaves no stone unturned. It is equipped with a comprehensive suite of safety features designed to protect both the driver and passengers. The robust build quality and high-strength steel structure provide a solid foundation, ensuring maximum protection in the event of a collision.

The Hyundai Creta comes with multiple airbags, ABS with EBD, electronic stability control, and a rearview camera, among other safety features. The inclusion of Hyundai's Blue Link technology offers additional peace of mind with features like remote start, real-time tracking, and emergency assistance.

The Hyundai Creta continues to set new benchmarks in the compact SUV segment with its exceptional design, advanced technology, and reliable performance. Whether you're navigating urban streets or embarking on a weekend adventure, the Hyundai Creta offers a versatile and enjoyable driving experience. With its blend of style, comfort, and safety, the Hyundai Creta remains a top choice for discerning buyers seeking a premium compact SUV.

[sharethisindia]

The new spy images of the Hyundai Creta Facelift create a sensation, promising extraordinary features and technological advancements.

Hyundai is gearing up to launch the highly anticipated next-generation Creta Facelift in the Indian market, with a rumored debut on January 16, 2024. Expected to be a game-changer in the compact SUV segment, the Creta competes with popular models like Kia Seltos, Maruti Grand Vitara, and Honda Elevate. Hyundai Creta Facelift New Spy images In the latest spy images, the Creta Facelift showcases…

[arun-jaswal]

Get Ready For 2024's BIGGEST Hyundai Car Discounts EVER! December 2024 Hyundai Cars Discount Offers 🎉 **Best Year-End Discount Offers on Hyundai Cars in 2024!** 🎉 Looking to buy a new car before the year ends? Hyundai brings you the **biggest discounts and offers** across its entire lineup in 2024! 🚗 Don’t miss this chance to save big on your favorite Hyundai car. 💰 **Exciting Offers Include:** ✅ **Hyundai Grand i10 Nios**: Compact hatchback with cash discounts and exchange bonuses. ✅ **Hyundai Aura**: Sleek sedan with attractive year-end savings. ✅ **Hyundai i20**: Premium hatchback now more affordable! ✅ **Hyundai Venue**: Stylish compact SUV with incredible offers. ✅ **Hyundai Creta**: India’s favorite SUV with amazing year-end deals. ✅ **Hyundai Verna**: Luxury sedan with unbeatable discounts. ✅ **Hyundai Alcazar**: Premium 7-seater SUV with big savings. ✅ **Hyundai Tucson**: The ultimate SUV with special benefits. ✨ **What’s Included in the Offers?** - Cash Discounts - Exchange Bonuses - Corporate Discounts - Special Financing Options 📅 **Offer Valid Till:** December 31, 2024 🚗 **Visit Your Nearest Hyundai Showroom Today!** Hurry, these offers are for a limited time only. Whether it’s a stylish hatchback, a powerful SUV, or a premium sedan, Hyundai has something for everyone at unbeatable prices. 👉 Watch the video to get the full details of model-wise offers, benefits, and how you can grab this opportunity before it’s gone! 🔔 **Subscribe** to our channel for more updates on car discounts, reviews, and the latest automotive news. Like and share this video to let your friends and family know about these fantastic offers! --- #HyundaiCars #YearEndDiscounts2024 #HyundaiOffers #CarDiscounts via YouTube https://www.youtube.com/watch?v=Ub4o84lwwig

[carbiketrend12]

Top Upcoming Cars: Features, Specs, and Release Dates | Car Bike Trend

Are you excited about the latest upcoming cars that promise to redefine performance, comfort, and innovation? The automobile industry is gearing up for a year filled with groundbreaking launches, and car enthusiasts can expect thrilling designs, advanced technologies, and eco-friendly engines. If you’re wondering what’s next in the world of automobiles, Car Bike Trend is your go-to destination for expert insights and the latest updates.

Top Upcoming Cars to Watch Out For

Here’s a sneak peek into some of the most anticipated car launches that are making headlines:

1. Tesla Model 3 (India Edition)

Features: Advanced autopilot, sleek design, and exceptional battery life.

Specs: Expected range of 500 km per charge and acceleration from 0 to 100 km/h in under 4 seconds.

Release Date: Mid-2025.

This much-anticipated electric sedan is expected to revolutionize India’s EV market.

2. Maruti Suzuki Jimny 5-Door

Features: Compact SUV design, off-road capability, and a new 5-door option.

Specs: 1.5-liter petrol engine paired with manual and automatic transmission options.

Release Date: Early 2025.

Perfect for adventurous souls, the Jimny is set to dominate the compact SUV segment.

3. Hyundai Creta Facelift

Features: Redesigned exterior, upgraded infotainment, and Level-2 ADAS features.

Specs: Diesel and petrol engine options, improved fuel efficiency, and stylish interiors.

Release Date: Late 2024.

This upgrade aims to maintain Creta’s dominance in the mid-size SUV category.

4. Mahindra Thar EV

Features: Electric off-road capability with the iconic rugged Thar design.

Specs: Expected range of 300 km, with quick charging and all-terrain capability.

Release Date: Mid-2025.

Mahindra’s Thar EV is the future of electric off-roading.

How Car Bike Trend Keeps You Ahead

At Car Bike Trend, we know how important it is for car enthusiasts to stay updated on the latest launches. With our dedicated coverage of upcoming cars, we ensure you get in-depth details about features, specifications, pricing, and release dates. Whether you're an SUV lover, a sedan fan, or into electric vehicles, our platform is tailored to cater to your needs.

Why Choose Car Bike Trend?

Comprehensive Information: Get the latest news about car launches, road tests, and first impressions.

User-Friendly Platform: Navigate through upcoming car categories with ease.

Expert Insights: Detailed reviews, comparisons, and breakdowns of features and specs.

Daily Updates: Real-time news about release dates, price expectations, and availability.

Get Ready for the Future of Automobiles

2025 is shaping up to be an exciting year for the automotive world. From electric vehicles to feature-packed SUVs, the lineup of upcoming cars promises to be groundbreaking. With automakers focusing on sustainability and smart features, the industry is taking a significant leap toward the future.

At Car Bike Trend, we take pride in keeping our readers ahead of the curve. Be it details on new car launches, expert recommendations, or analysis of industry trends, our platform covers it all. Don’t miss out—visit Car Bike Trend today to stay informed and inspired about your next ride.

Transform the way you follow automobiles with Car Bike Trend—your ultimate guide to cars and bikes!

For more information:

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[emco-cars]

The Most Fuel-Efficient New Cars in the UAE: Top Picks for 2024

The Most Fuel-Efficient New Cars in the UAE: Top Picks for 2024

The Most Fuel-Efficient New Cars in the UAE, with rising fuel prices and traffic congestion becoming a daily reality. UAE residents are prioritizing fuel efficiency when purchasing new cars. Whether you’re commuting within city limits or embarking on long desert drives, finding a car that balances performance and fuel economy is crucial. Below is a meticulously curated list of the most fuel-efficient new cars available in the UAE in 2024, covering compact SUVs, sedans, and hatchbacks.

1. Toyota Urban Cruiser

A popular sight on UAE roads, the Toyota Urban Cruiser is a compact SUV known for its robust design and excellent fuel economy. Powered by a 1.5-litre petrol engine paired with a mild-hybrid system, the Urban Cruiser delivers a respectable 18–19 km/l under ideal driving conditions. This makes it an excellent choice for city commutes as well as longer drives across the Emirates.

Key Features:

Leather upholstery

Rear AC vents

Head-up display

Cruise control

Wireless charging

Price: Starts at AED 79,900.

2. Nissan Kicks

The Nissan Kicks is Nissan’s answer to the likes of the Hyundai Creta and Kia Seltos. It’s powered by a 1.6-litre petrol engine that produces 118 hp and offers a mileage of around 15.4 km/l. The Kicks is a feature-rich compact SUV that includes advanced driver assistance systems, such as lane departure warning and automatic emergency braking, making it a top contender for fuel-conscious buyers.

Key Features:

6-speaker Bose sound system

Remote engine start

LED headlights with DRLs

Advanced safety features

Price: Ranges from AED 71,000 to AED 89,500.

3. Changan Alsvin

If you’re looking for an affordable yet fuel-efficient sedan, the Changan Alsvin offers exceptional value. Equipped with a 1.5-litre petrol engine, the Alsvin returns an impressive 16.9 km/l. This economy sedan doesn’t skimp on features, offering everything from rear parking sensors to a 7-inch touchscreen infotainment system.

Key Features:

Dual airbags

Hill-hold control

Leather seats

Tire pressure monitoring system

Price: Starts at AED 45,000.

4. Chery Tiggo 4 Pro

The Chery Tiggo 4 Pro is a compact SUV for drivers who want the rugged appeal of an SUV without compromising on fuel economy. With a 1.5-litre turbo-petrol engine producing 156 hp, the Tiggo 4 Pro offers a mileage of 14.7 km/l. It features a stylish design and modern tech, making it an attractive option for the UAE market.

Key Features:

Dual digital screens

Sunroof

Leather seats

Smart key with hill assist and descent control

Price: Starts at AED 60,000.

5. Chevrolet Groove

Replacing the Trax, the Chevrolet Groove is a smart, compact crossover that appeals to urban dwellers seeking a balance of features and fuel efficiency. The 1.5-litre petrol engine offers a mileage of 15.9 km/l, making it a practical choice for city driving. The Groove is packed with tech, including an 8-inch touchscreen and Apple CarPlay integration.

Key Features:

Panoramic sunroof

Powered driver’s seat

4 airbags

Rear parking sensors with camera

Price: Starts at AED 56,400.

6. Honda City

For those who want a no-nonsense sedan that combines reliability, premium features, and fuel efficiency, the Honda City is a great option. Powered by a 1.5-litre petrol engine that delivers 120 hp, the City offers a mileage of 18.5 km/l. Its premium features, such as wireless Apple CarPlay, rear AC vents, and 6 airbags, make it a standout choice in its segment.

Key Features:

Automatic climate control

Keyless entry with push-button start

Adaptive guidelines for the reverse camera

Price: Starts at AED 67,900.

7. Hyundai Venue

The Hyundai Venue is Hyundai’s smallest SUV offering in the UAE, yet it doesn’t compromise on features or fuel efficiency. Powered by a 1.0-litre turbo-petrol engine, it produces 118 hp and offers a mileage of around 17.5 km/l. Its compact dimensions make it perfect for city driving, while its elevated driving position provides the comfort of an SUV.

Key Features:

Digital instrument cluster

Sunroof

6 airbags

Ambient lighting

Price: Starts at AED 62,000.

8. Kia K3

The Kia K3, positioned against its sibling the Hyundai Accent, offers sharp styling and a coupe-like rear design. Powered by a 1.6-litre engine delivering 123 hp, the K3 achieves a fuel efficiency of 14.9 km/l. Its features, including dual-zone automatic climate control and 10.25-inch multimedia system, cater to tech-savvy drivers looking for both style and efficiency.

Key Features:

Paddle shifters

Driver attention warning

3 driving modes

4.2-inch digital instrument cluster

Price: Starts at AED 75,000.

9. Mazda CX-30

The Mazda CX-30 is a premium crossover that balances efficiency with luxury. Powered by a 2.0-litre engine, it delivers 153 hp with a fuel efficiency of 16.1 km/l. Known for its elegant design and plush interiors, the CX-30 is perfect for those seeking a refined driving experience in the UAE.

Key Features:

Dual-zone climate control

Blind spot monitoring

Rear-cross traffic alert

Auto-levelling headlamps

Price: Starts at AED 89,900.

10. Suzuki Baleno

The Suzuki Baleno is the ideal hatchback for navigating the busy streets of the UAE. Powered by a 1.5-litre petrol engine producing 91 hp, the Baleno delivers a fuel efficiency of 18.5 km/l. It’s a practical choice for daily commuting with modern features like a head-up display and 360-degree camera.

Key Features:

Fog lamps

Alloy wheels

Connected car tech with a touchscreen infotainment system

Rear disc brakes

Price: Starts at AED 51,900.

Why Fuel Efficiency Matters in the UAE

In the UAE, where long commutes and desert drives are common, fuel efficiency is not just a luxury — it’s a necessity. High fuel prices and frequent driving can strain your budget, making it important to choose a vehicle that offers great mileage without compromising on comfort or features.

Choosing a fuel-efficient car also has environmental benefits, reducing your carbon footprint and helping contribute to the UAE’s sustainability goals. By choosing cars like the Toyota Urban Cruiser or Honda City, you can enjoy both savings and performance.

Final Thoughts

Choosing a fuel-efficient car in the UAE doesn’t mean sacrificing style or features. From compact SUVs like the Hyundai Venue to premium sedans like the Mazda CX-30, there are plenty of options that cater to both your budget and environmental concerns. Whether you prioritize tech features, interior comfort, or just want to reduce fuel expenses, these cars offer the best of both worlds.

For more detailed insights and expert advice on finding the most fuel-efficient cars, visit Emco Cars, your trusted source for certified pre-owned vehicles and the latest models in the UAE.

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What Is The Upcoming New Suv Cars In India 2024

The SUV segment in India is on the rise and many new models can enter within the next couple of years. So for this statement, SUVs are gaining immense popularity to support this because as people’s incomes grow they start to need more space and more flexibility in their transport. To know more about the interesting models of SUVs that are set to launch in India in 2024 and 2025 let us explore the list below.

New SUV cars in India 2024are extensions of popular cars that have more usability, features, and up-to-date designs for the urban buyer market. The South Korean automaker is expected to reveal the all-new generation of the Kia Sportage, and Hyundai is planning to unveil the next-generation Hyundai Creta.

Maruti Suzuki also has a new midsize SUV in its pipeline which will compete with the recently stormed Hyundai Creta. In the small affordable SUV segment, we will get acquainted with a new Tata Harrier that will take the fight to the rivals in terms of design, interiors and handling. Many automakers are also increasing the number of SUV offerings for special 7-seater vehicles. Hence come 2024 look out for new full-size SUVs from Mahindra, Tata and Toyota.

But looking at the upcoming SUV in India 2025 and beyond, this lineup opens up further possibilities and promises exciting vehicles to come. It is noteworthy that Maruti Suzuki has officially agreed that they will finally launch the all-new Grand Vitara in the 3-row SUV segment. Skoda and Volkswagen will also consolidate in this area with new large SUVs built on the MQB A0 IN platform.

At the entry-premium level, Hyundai’s market leader in India Elantra is gearing up to release its first electric vehicle called the Kona. equally, companion automaker BMW has its electric iX SUV planned while Jaguar has the I-Pace EV prepared. And who can forget Tesla – Elon Musk has already announced that the production of Tesla Model 3 and Model Y EVs to be launched in India will also shift to 2025 from 2024.

Such action packed new suv cars in india 2024 will put Indian buyers in the segment looking for new SUVs in a rather privileged position across segment and price levels. Safety, connectivity and fuel efficiency will further improve while design and performance will simply go to the next level. For all those pondering over purchasing a new SUV, the future definitely seems bright!

[news-today-florial-blog]

Hyundai Motor India IPO: Here are 10 latest Key things you need to know

Hyundai Motor India IPO is set to open for subscription on October 15, 2024, and will close on October 17, 2024. This main-board IPO aims to raise an impressive ₹27,870.16 crores, with a 100% offer for sale of 142,194,700 equity shares. Each share has a face value of ₹10, and the price band for the IPO is fixed between ₹1,865 and ₹1,960 per share. Investors looking to participate should be aware of the market lot size, which is 7 shares, and the allocation percentages, which are 35% for retail investors, 50% for Qualified Institutional Buyers (QIBs), and 15% for High-Net-Worth Individuals (HNIs). Hyundai Motor India Company Overview Hyundai Motor India Ltd. (HMIL) is a wholly owned subsidiary of Hyundai Motor Company and has established itself as a significant player in the Indian automotive sector. Since entering the market in 1996, Hyundai has earned a reputation for innovative and technologically advanced products, becoming a market leader in the automotive industry. The company has consistently demonstrated a commitment to quality, which has garnered the trust and admiration of millions of Indian consumers. Company History and Expansion Hyundai's journey in India began in 1996, and the launch of its first car, the Hyundai Santro, in 1998, was a pivotal moment. The success of the Santro laid the groundwork for Hyundai’s growth in the Indian market. Since then, the company has consistently introduced new models and variants to meet the diverse needs of Indian consumers, including hatchbacks, sedans, SUVs, and electric vehicles (EVs). Hyundai has maintained its position as the second-largest auto Original Equipment Manufacturer (OEM) in India since 2009 and has been the largest exporter of passenger vehicles from India since 2005, achieving nearly 12 million cumulative domestic and export sales by the end of Fiscal 2024. Diverse Product Range Hyundai Motor India offers a comprehensive range of vehicles across various segments, catering to different consumer preferences. The product lineup includes sedans like the Hyundai Verna and Elantra, popular hatchbacks such as the Hyundai i10 and i20, and a robust range of SUVs, including the Hyundai Creta, Venue, Alcazar, and Tucson. In the electric vehicle segment, the Hyundai Kona Electric stands out. The company has achieved notable success in the SUV category, with models like the Creta and Venue becoming favorites among Indian buyers due to their design, technology, safety features, and reliability. Manufacturing and Export Strength Hyundai Motor India boasts two state-of-the-art manufacturing plants located in Chennai, Tamil Nadu, with a combined annual production capacity of 700,000 units. These facilities utilize cutting-edge technology and automation systems to ensure high efficiency and quality throughout the production process. Additionally, Hyundai has established itself as a major exporter, shipping vehicles to over 90 countries across regions such as Africa, the Middle East, Latin America, and Asia-Pacific. This strong export focus has significantly contributed to India's automotive exports, reinforcing Hyundai’s leadership in the global market. Use of IPO Proceeds The funds raised through the Hyundai Motor India IPO will be allocated primarily for augmenting additional working capital requirements and for general corporate purposes. This strategic move aims to bolster the company's operational capabilities and support its ongoing growth initiatives, ensuring that Hyundai can maintain its competitive edge in the rapidly evolving automotive market. Hyundai Motor India IPO Key Details The Hyundai Motor India IPO will officially open on October 15, 2024, and close on October 17, 2024. The IPO size is approximately ₹27,870.16 crores, with 142,194,700 equity shares offered. The face value of each equity share is ₹10, and the price band for the IPO is set at ₹1,865 to ₹1,960 per share. The shares will be listed on both the NSE and BSE, providing investors with ample opportunities to participate. The retail quota is 35%, while QIBs are allocated 50% and HNIs receive 15% of the net offer. Market Lot Information For retail investors, the minimum lot size is 7 shares, which equates to an investment of ₹13,720 at the lower end of the price band. The maximum lot size for retail investors is 14 lots, totaling 98 shares, amounting to ₹192,080. For Small High-Net-Worth Investors (S-HNIs), the minimum investment requires 15 lots (105 shares) for an amount of ₹205,800, while the maximum investment involves 72 lots (504 shares), totaling ₹987,840. Lastly, Big High-Net-Worth Individuals (B-HNIs) can invest a minimum of 73 lots (511 shares) for ₹1,001,560. How to Apply for the IPO Investors interested in applying for the Hyundai Motor India IPO can do so via the ASBA (Applications Supported by Blocked Amount) online process through their bank accounts. They can also use offline IPO forms, which are available for download from the NSE website. Various stockbrokers facilitate the application process, and investors can choose their preferred method of application to ensure a smooth and efficient experience. Hyundai Motor India Financial Performance Hyundai Motor India has demonstrated robust financial performance over the years, with revenue steadily increasing. For instance, in 2021, the company reported revenue of ₹41,404.65 crores, which grew to ₹47,966.05 crores in 2022 and further increased to ₹61,436.64 crores in 2023. Profit After Tax (PAT) also showcased an upward trajectory, from ₹1,881.16 crores in 2021 to ₹4,709.25 crores in 2023. The financial metrics reflect Hyundai’s successful strategies in the competitive Indian automotive landscape and its commitment to delivering value to stakeholders. Read the full article

[news365timesindia]

[ad_1] 4 min read Last Updated : Oct 12 2024 | 11:52 AM IST Hyundai Motor India Ltd (HMIL), which is set to debut on Indian stock exchanges on October 22, has allocated Rs 32,000 crore for its expansion in India between 2023 and 2032, according to a report by Moneycontrol. The Indian subsidiary of the South Korean automaker plans to invest in boosting production capacity, developing new products and platforms, and launching new models. The company is also focusing on strengthening its presence in the Battery Electric Vehicle (BEV) market. Click here to connect with us on WhatsApp According to the company’s Red Herring Prospectus (RHP), Hyundai has signed a memorandum of understanding (MoU) with the Tamil Nadu government for its Chennai manufacturing plant and offer letters with the Maharashtra government for its upcoming Talegaon facility. These agreements entail total investments of around Rs 32,000 crore, the report said.  Focus on production capacity Hyundai Motor India’s Managing Director and CEO, Unsoo Kim, had earlier said that Rs 26,000 crore would be allocated to the Chennai plant and Rs 6,000 crore to the Pune plant, increasing the company’s annual production capacity from 824,000 units to 1.1 million units by 2028. This expansion is expected to meet both domestic and export demands, the report mentioned. The RHP also highlighted that the company’s historical and future capital expenditures are primarily focused on acquiring plant, property, equipment, and intangible assets for new passenger vehicle models. “In the three months ended June 30, 2024 and 2023 and in financial years 2024, 2023 and 2022, our payment for acquisition of property, plant and equipment and intangible assets were Rs 5,590.72 million, Rs 5,355.84 million, Rs 32,462.08 million, Rs 22,609.82 million and Rs 12,649.79 million, respectively,” stated the RHP. Hyundai India targets production growth Hyundai India has set a production goal of 775,000 units for 2024, up from 765,000 units in 2023. The Pune plant, expected to begin operations in the latter half of 2025, will initially have a capacity of 170,000 units. In a second phase, production will increase by an additional 80,000 units, bringing the plant’s total capacity to 250,000 units, the report stated. In addition to increasing its focus on Sport Utility Vehicles (SUVs), Hyundai has formulated an electric vehicle (EV) strategy with plans to introduce four battery-powered models in the medium term. These models will cover various segments, including a mass-market electric car, premium models, the Inster EV (which will compete with the Punch EV), and an electric version of the popular Creta SUV. For the financial year ending March 2024, Hyundai India reported a total income of Rs 71,302 crore and a profit of Rs 6,060 crore, compared to an income of Rs 61,436 crore and a profit of Rs 4,709 crore in FY23. Hyundai India: IPO details On October 9, Hyundai India announced plans to launch the country's largest initial public offering (IPO), valued at Rs 27,870 crore, with a price range set at Rs 1,865 to Rs 1,960 per share. The IPO will open for public subscription on October 15 and close on October 17, while anchor investors will place bids on October 14. The automaker aims to deepen its connection with India by listing on the stock market. HMIL COO Tarun Garg had said that the IPO will give the company an opportunity to adopt global standards in areas such as excellence, operations, and governance, which are key advantages of going public. He further said, “The brand Hyundai has really been accepted very well in India. We have been able to appeal to the Indian people generally. This is probably the right country to really go for the IPO.” First Published: Oct 12 2024 | 11:52 AM IST [ad_2] Source link

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[ad_1] 4 min read Last Updated : Oct 12 2024 | 11:52 AM IST Hyundai Motor India Ltd (HMIL), which is set to debut on Indian stock exchanges on October 22, has allocated Rs 32,000 crore for its expansion in India between 2023 and 2032, according to a report by Moneycontrol. The Indian subsidiary of the South Korean automaker plans to invest in boosting production capacity, developing new products and platforms, and launching new models. The company is also focusing on strengthening its presence in the Battery Electric Vehicle (BEV) market. Click here to connect with us on WhatsApp According to the company’s Red Herring Prospectus (RHP), Hyundai has signed a memorandum of understanding (MoU) with the Tamil Nadu government for its Chennai manufacturing plant and offer letters with the Maharashtra government for its upcoming Talegaon facility. These agreements entail total investments of around Rs 32,000 crore, the report said.  Focus on production capacity Hyundai Motor India’s Managing Director and CEO, Unsoo Kim, had earlier said that Rs 26,000 crore would be allocated to the Chennai plant and Rs 6,000 crore to the Pune plant, increasing the company’s annual production capacity from 824,000 units to 1.1 million units by 2028. This expansion is expected to meet both domestic and export demands, the report mentioned. The RHP also highlighted that the company’s historical and future capital expenditures are primarily focused on acquiring plant, property, equipment, and intangible assets for new passenger vehicle models. “In the three months ended June 30, 2024 and 2023 and in financial years 2024, 2023 and 2022, our payment for acquisition of property, plant and equipment and intangible assets were Rs 5,590.72 million, Rs 5,355.84 million, Rs 32,462.08 million, Rs 22,609.82 million and Rs 12,649.79 million, respectively,” stated the RHP. Hyundai India targets production growth Hyundai India has set a production goal of 775,000 units for 2024, up from 765,000 units in 2023. The Pune plant, expected to begin operations in the latter half of 2025, will initially have a capacity of 170,000 units. In a second phase, production will increase by an additional 80,000 units, bringing the plant’s total capacity to 250,000 units, the report stated. In addition to increasing its focus on Sport Utility Vehicles (SUVs), Hyundai has formulated an electric vehicle (EV) strategy with plans to introduce four battery-powered models in the medium term. These models will cover various segments, including a mass-market electric car, premium models, the Inster EV (which will compete with the Punch EV), and an electric version of the popular Creta SUV. For the financial year ending March 2024, Hyundai India reported a total income of Rs 71,302 crore and a profit of Rs 6,060 crore, compared to an income of Rs 61,436 crore and a profit of Rs 4,709 crore in FY23. Hyundai India: IPO details On October 9, Hyundai India announced plans to launch the country's largest initial public offering (IPO), valued at Rs 27,870 crore, with a price range set at Rs 1,865 to Rs 1,960 per share. The IPO will open for public subscription on October 15 and close on October 17, while anchor investors will place bids on October 14. The automaker aims to deepen its connection with India by listing on the stock market. HMIL COO Tarun Garg had said that the IPO will give the company an opportunity to adopt global standards in areas such as excellence, operations, and governance, which are key advantages of going public. He further said, “The brand Hyundai has really been accepted very well in India. We have been able to appeal to the Indian people generally. This is probably the right country to really go for the IPO.” First Published: Oct 12 2024 | 11:52 AM IST [ad_2] Source link

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2024 Hyundai Alcazar Launched In India At ₹ 14.99 Lakh: Price, Specs, Features

Hyundai India has launched an updated avatar of its 7-seater SUV - Alcazar. The Creta-based 3-row SUV was long due for a mid-cycle refresh. The 2024 Hyundai Alcazar facelift is launched at a special introductory starting price of ₹ 14.99 lakh for petrol variants and ₹ 15.99 lakh for diesel variants. It will continue to take on its existing set of rivals - Tata Safari, Mahindra XUV700, MG Hector, Citroen C3 Aircross, Kia Carens and more. In the last few months, the Alcazar has been a dull seller. The update, however, is expected to add some more numbers to the SUV's monthly sales tally.

The 2024 Hyundai Alcazar isn't just a stretched-out Creta, in terms of its looks. It opts for a bold-looking design theme, comprising of a rather butch-looking front facet with H-shaped connected LED DRLs, a large radiator grille, and a wide scuff plate.

Around the sides, the big change is the addition of new 18-inch diamond-cut alloy wheels, bigger rear quarter windows, black-painted cladding, and bridge-type roof rails. The rear face of the Alcazar is also heavily tweaked with the use of a new spoiler, a reworked bumper, and a fresh design for the skid plate. It also gets connected LED taillamps with sequential turn indicators.

As for the dimensions, the Alcazar is 4,560 mm in length, 1,800 mm wide, and 1,710 mm tall. In comparison to the outgoing model, the 2024 Alcazar is 60 mm longer, 10 mm wider, and 35 mm taller. The wheelbase remains unaltered at 2,760 mm.

On the inside, the big change on the 2024 Hyundai Alcazar is a new dashboard layout, which is borrowed from the facelifted Creta. The cabin is now upholstered in new shades - noble brown and haze navy. The dual-tone treatment gives a premium appeal to the overall cabin.

Besides, the 6-seater variant now features ventilated second-row seats with folding armrests, which improve the accessibility to the third-row. Unique thigh extenders are a key highlight of the Alcazar's interior.

The bold new Hyundai Alcazar will be offered in 9 colours with 8 mono-tone options including the new Robust Emerald Matte, Titan Grey Matte, Robust Emerald, Starry Night, Ranger Khakhi, Fiery Red, Abyss Black, Atlas White, and 1 dual-tone colour option available in Atlas White with Black Roof.

[autoini]

Exciting New Hyundai Cars Coming to Indonesia by End of 2024

The automotive market in Indonesia is very competitive. In the midst of events, PT Hyundai Motors Indonesia is gearing up for a big attack with its line-ups that will hit the roads. As 2024 is about to end, HMID is preparing for some new model launches before the year concludes. This was quite evident in the recently held 2024 Gaikindo Indonesia International Auto Show, GIIAS, in Surabaya. Teasers for the same were provided by Fransiscus Soerjopranoto, Operating Chief of HMID, suggesting a lineup that is rather disparate to say the least: hybrids, ICE vehicles, and EVs.

Line-up in Existence and Expectations

Hyundai has launched five new models in 2024 alone, each targeted at the variable consumer demands and preferences. These include the Hyundai Ioniq 5 Batik Edition, Creta Alpha, Palisade XRT, All-New Kona Electric, and the Ioniq 5 N. With the year almost finishing, Hyundai Indonesia prepares to add three more models. Refusing to confirm specific models, Soerjopranoto has made many believe that the releases might involve the Hyundai Tucson, Santa Fe, and Venue.

Soerjopranoto had given hints about these new arrivals at the auto show, but he never detailed them. He said that most of the new models remained under consideration, thereby raising expectation from automotive enthusiasts and would-be buyers. "As I said, many of the models that we will bring in are still under study. Yes, just wait," he teased. "Don't worry, we are still bringing new products. There will be some in the near future."

GIIAS Surabaya 2024: Highlights

At the 2024 GIIAS Surabaya, Hyundai stole the show with their astonishing line-up of new models and-most importantly-electric vehicles. Some of the key launches were the All-New Hyundai Kona Electric and the Ioniq 5 N. These models have garnered significant momentum in Jakarta and its environs, while their new availability throughout Indonesia marks an important milestone for Hyundai in their quest to improve their standing in the EV market.

All-New Hyundai Kona Electric: A New Milestone in Local Production

The presence of the All-New Hyundai Kona Electric is recorded in the history of Indonesian automotive. It became the forerunner of electric cars in Indonesia with domestically produced batteries. This is indeed an important achievement and the fruit of cooperation with PT HLI Green Power, which began producing batteries on July 3, 2024. The Kona Electric has an aerodynamic shape and an extensive interior; it can travel more than 600 km with just one full charge. It also defines the new benchmark of performance, comfort, and efficiency in the electric SUV class.

Hyundai Ioniq 5 N: Electric Revolution in High Performance

Hyundai Ioniq 5 N is yet another giant leap for Indonesia's first high-performance electric vehicle. It enters the Indonesian market with the introduction of the Hyundai N Brand through a combination of advanced technology with high-performance engineering. The Ioniq 5 N comes with driving control functions and responsiveness, including N Grin Boost, N Launch Control, N Drift Optimizer, and N Race. Produksi lokal Cikarang, West Java, the Ioniq 5 N is a very important evolution in the electric vehicle portfolio of Hyundai.

Hyundai's Commitment to the Indonesian EV Ecosystem

Hyundai's involvement in GIIAS Surabaya 2024 is a stronger commitment by the brand to reinforce its leading position in Indonesia's EV market segment. "We realize that Hyundai's participation in the GIIAS Surabaya event this year is to further solidify its leading position in the EV ecosystem of Indonesia. We are therefore happy to introduce the All-New Hyundai Kona Electric and Ioniq 5 N to the people of Surabaya after these models received extraordinary enthusiasm in Jakarta and around the city," said Soerjopranoto.

Price and Availability

Hyundai Motor Indonesia has distributed both the All-New Kona Electric and Ioniq 5 N to all parts of Indonesia. Orders for both cars have been officially opened through Hyundai's authorized dealership network. In Surabaya, the All-New Kona Electric was priced from IDR 503 million. Meanwhile, the Ioniq 5 N is expected to be around IDR 1.3 billion. Here are the variants and their prices on the road in Surabaya:

All-New Hyundai Kona Electric:

Signature Long Range: Rp 594.8 million

    Signature Standard Range: Rp 579.8 million

    Prime Long Range: Rp 564.8 million

    Prime Standard Range: Rp 519.8 million

    Style Standard Range: Rp 503.7 million

Hyundai Ioniq 5 N:

    Ioniq 5 N: Rp 1.3 billion (estimation)

Conclusion

Going into the second half of 2024, Hyundai's strategic focus is clearly on further expanding its line-up of vehicles in order to respond to more diversified Indonesian consumers. Moreover, several new exciting models are under development with a strong emphasis on electric vehicles.

For more updated information about the automotive market, the latest cars & bikes, Please visit our website https://www.autoini.com

[drive360]

2 New SUVs Launching In Next 2 Days!

The year 2024 is shaping up to be thrilling for car enthusiasts, with numerous exciting car launches. Adding to the excitement, two car brands are set to unveil new SUVs within the next two days! On August 1st and 2nd, two all-new SUVs will hit the market. One will compete with the Toyota Fortuner, while the other will rival the Hyundai Creta. Let's take a quick look at these upcoming SUVs.

[venkateshwheelsbingo]

Tata Curvv Launch Date Variant, Specification, And Price

The next SUV, the Tata Curvv, is scheduled to debut in India in August 2024. In India, it will go up against the Hyundai Creta, MG Hector, and Volkswagen Taigun.

The Tata Curvv comes in four colours—Coral Red, White, Black, and Ash Grey—and two fuel options: gasoline and diesel.

Another drawing and render of the forthcoming Curvv coupe SUV has been unveiled by Tata Motors. This time, the sketches show the inside, including the features and dashboard configuration that the next Curvv SUV will have.

EV and ICE dashboard designs will be comparable.

Taking cues from the Safari and Harrier SUVs

For more information visit our website wheelsbingo.