Hyundai’s Answer To Tata Punch Coming In 2023 | V3Cars
Hyundai are currently working towards launching the Creta facelift and next-gen Verna in India in 2023. Meanwhile, the South Korean carmaker is also developing a new compact SUV, which will compete with the Tata Punch in the B1 segment. Apart from the Tata Punch, the new Hyundai small SUV will also rival the Citroen C3, Renault Kiger and Nissan Magnite.
Last year, when Hyundai launched the Casper mini SUV in South Korea, the carmaker’s Indian division stated that it won’t come to India. However, we shared our perspective on the feasibility of a compact SUV from the Hyundai stable, and you can read it here. Since Hyundai do not offer an SUV or crossover below the Venue, the launch of a micro SUV could help the carmaker grab a bigger slice of the Indian 4-wheeler market. In fact, the launch of the Tata Punch has helped Tata Motors pip Hyundai as the number 2 carmaker in the country in October 2022.
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Here is a table with all the sub-4m SUVs and crossovers from mass-market carmakers:
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As you can see from the table above, Hyundai and Kia have only 1 offering each in the sub-4m SUV segment. By launching a compact SUV, Hyundai could put a dent on the sales of the Punch, Ignis, Kiger and Magnite and reclaim its number 2 spot in the sales chart. It is worth mentioning that we have considered the Kiger/Magnite normal petrol and Kiger/Magnite turbo petrol as different models due to a considerable price gap between both the engines.
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If Hyundai are working on a compact SUV for our market, as reported, the Grand i10 Nios’ platform will serve as a perfect fit. Neither will it require big costs for modification or development nor a long development timeline. Furthermore, we may also see a Kia version built on the same platform. The upcoming compact SUV from Hyundai may also borrow the 1.2L petrol engine from the Grand i10 Nios and Aura to keep costs competitive.
Also Read: Recall Issued For Maruti Suzuki Wagon-R, Celerio And Ignis
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Hyundai Cars in India
Alcazar
₹14.99 - ₹21.40 lakh*
*Ex-showroom priceCreta N
Line
₹16.82 - ₹20.45 lakh*
*Ex-showroom priceCreta
₹11.00 - ₹20.15 lakh*
*Ex-showroom priceExter
₹6.13 - ₹10.28 lakh*
*Ex-showroom priceVerna
₹11.00 - ₹17.42 lakh*
*Ex-showroom priceAura
₹6.49 - ₹9.05 lakh*
*Ex-showroom priceGrand i10
Nios
₹5.92 - ₹8.56 lakh*
*Ex-showroom priceIoniq 5
₹46.05 lakh*
*Ex-showroom priceVenue N
Line
₹12.08 - ₹13.90 lakh*
*Ex-showroom priceTucson
₹29.02 - ₹35.94 lakh*
*Ex-showroom priceVenue
₹7.94 - ₹13.48 lakh*
*Ex-showroom pricei20 N
Line
₹10.00 - ₹12.52 lakh*
*Ex-showroom pricei20
₹7.04 - ₹11.21 lakh*
*Ex-showroom priceUpcoming Hyundai Cars
Stargazer
₹11.00 - ₹18.00 lakh*
*Expected PriceExpected Launch Aug 2023
Verna N
Line
₹15.00 - ₹17.00 lakh*
*Expected PriceExpected Launch Sep 2023
Venue CNG
₹8.50 - ₹10.00 lakh*
*Expected PriceExpected Launch Dec 2024
Creta EV
₹25.00 - ₹30.00 lakh*
*Expected PriceExpected Launch Jan 2025
Kona EV
Facelift
₹24.00 - ₹26.00 lakh*
*Expected PriceExpected Launch Feb 2025
Creta CNG
₹10.50 - ₹18.74 lakh*
*Expected PriceExpected Launch Jul 2025
Ioniq 6
₹65.00 - ₹80.00 lakh*
*Expected PriceExpected Launch Aug 2025
Grand i10
Nios N Line
₹5.85 - ₹8.75 lakh*
*Expected PriceExpected Launch Sep 2025
Ioniq 5
N
₹80.00 lakh*
*Expected PriceExpected Launch Jan 2026
Palisade
₹40.00 - ₹45.00 lakh*
*Expected PriceExpected Launch Jan 2026
Santa FE
₹25.00 - ₹28.00 lakh*
*Expected PriceExpected Launch Apr 2026
Staria
₹18.00 - ₹21.00 lakh*
*Expected PriceExpected Launch Jun 2026
Nexo
₹60.00 - ₹65.00 lakh*
*Expected PriceExpected Launch Feb 2027
Next Gen
Elantra
₹18.00 - ₹22.00 lakh*
*Expected PriceExpected Launch Dec 2027
Sonata Facelift
₹30.00 - ₹35.00 lakh*
*Expected PriceExpected Launch Dec 2027
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