Tuesday, January 31, 2023
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Hyundai Cars and SUVs price hike across all model

Hyundai Cars: Hyundai Motor India has announced that it will increase the prices of all its cars and SUVs from January 2023. According to the company, the main reason for the rise in prices of its model range is the increase in the cost of construction.

Hyundai Motor: Hyundai Motor India has announced that it will increase the prices of all its cars and SUVs from January 2023. According to the company, the main reason for the rise in prices of its model range is the increase in the cost of construction. Explain that Hyundai sells models in India like Grand I10NIOS, Aura, I20, I20N Line, otherwise, Venue and Creta. It is possible to increase the prices of all these on a model basis.

Hyundai said in the statement, “The company continued to absorb rising costs but will now pass on a portion of the increase in input costs by revising prices in its model range to ( ie customers ) Will do.” The statement further stated, “HMIL will continue to continuously internal efforts to reduce the impact of prices on customers. The new HMIL model range prices will be effective from January 2023.” 

Hyundai Motor India is soon preparing to launch its second all-electric model – Ioniq 5 in the country. Earlier the company has launched Hyundai Kona Electric, which is currently being sold in the Indian market. At the moment, now the company plans to launch Ioniq 5, booking for it will start from 20 December 2022 while the official launch is expected at Auto Expo 2023.

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At the global level, the Hyundai Ioniq 5 is offered in two different battery pack options – 58 kWh and 72.8 kWh. Both AWD and RWD are available with drivetrain. However, it is not yet clear which variants will be launched in India or both will be launched. After launch, this car will compete with models like Kia EV6, Volvo XC40 recharge in the market.

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