Hyundai may be planning to expand its electric lineup in India considering that the country’s government is pushing automakers to go electric in a bid to switch to full electric by the year 2030.
Hyundai Kona Electric is what has been planned for India, sources reveal. Hyundai Kona SUV was recently launched by the automaker in many regions of the world in petrol and diesel variants, but for India Hyundai will only launch the electric variant.
The Indian government recently implemented GST under which hybrid cars fall under a lofty 43 per cent cess because of which automakers have been forced to reevaluate their hybrid-car plans. In a similar move, Hyundai recently decided against bringing its Ioniq and hybrid variants of the New Verna and Creta to India. However, the carmaker is contemplating on introducing a small e-SUV in the Kona EV.
While hybrid cars attract a 43 percent cess, electric cars have been taxed at a lower 12 percent under GST. The classification is the government’s bid to switch to full-electrics by 2030.