CRETA ‘Game Changer’ EV Coming

“We will be launching the CRETA EV for mass market in the coming months,” said Unsoo Kim, Hyundai Motor India MD.
GURUGRAM, Nov 12 (The CONNECT) – Hyundai Motor India will soon launch CTRETA EV.
“We will be launching the CRETA EV for mass market in the coming months,” said Unsoo Kim, company Managing Director said announcing the H1 results.
Hyunday expects that the EV will be a game changer in the segment, he said and did not give any details.
Carwale.com says the price of CRETA EV will be in the Rs 22 lakhs to Rs 26 lakhs range and it is expected to be launched in January.
On the company’s performance during the first half of current fiscal, Kim said, despite the sluggish market conditions, Hyundai has maintained profitability in H1 FY 2024-25, largely due to “our proactive and continuous cost control measures.”
Hyundai reported that its revenue from operations stood at INR 34,604.6 crores, The EBITDA margin increased to 13.14% from 12.58% YoY.
The Company sold a total of 3,83,994 units of passenger vehicles during this period. This includes 2,99,094 units in the domestic market with a strong contribution from SUV segment. The export volume stood at 84,900 units.