Hyundai to launch 26 new models in India by FY30, including EVs and hybrids

Hyundai Motor India, on Friday, announced it will launch 26 new models in the Indian market by FY30. The upcoming lineup will include 20 internal combustion engine (ICE) vehicles and six electric vehicles (EVs). These will consist of new models, full model updates, and product upgrades.

The company is also looking to introduce strong hybrid powertrains, but has no specific timeline. Eight new models are scheduled to launch over the next few years, of which some are expected to include hybrids, marking Hyundai’s entry into this category.

Unsoo Kim, Managing Director and CEO of Hyundai Motor India, said, “We are excited to announce that we will be launching 26 products by FY2030, including a mix of new models, full model changes, and product enhancements—comprising 20 ICE vehicles and 6 EVs.”
More information about the company’s future product plans will be shared during its investor day in September.

To reduce the impact of challenges in the Indian market, Hyundai plans to grow its exports. The company’s exports rose 14% in the January–March quarter, helping limit its overall sales decline to 1%.

The company also revealed that its domestic operations are expected to grow in low single digits in FY26, in line with the overall industry trend. It said demand in India remains weak but added that it will aim to maintain double-digit EBITDA margins, as it did in FY25 with a margin of 12.9%.