South Korean carmaker Hyundai is ringing in its 20th anniversary of production and sales in the country at the Auto Expo 2018 in Delhi. And it is also using the platform to showcase what could be its future direction in India. And taking a prime spot in its display will be the trio of Hyundai Ioniq sedans. The Ioniq will talk on the likes of the Honda Accord Hybrid, Toyota Camry Hybrid and the Toyota Prius, along with all the other electric vehicle models coming up and to be showcased at the Expo. Hyundai will look to bring the Ioniq into India via the CKD route and assemble it locally to keep costs in check and price the car aggressively. ALSO READ: New Hyundai i20 Elite to Launch at Auto Expo 2018 Also Read - Hyundai Set to Launch i20 in Middle of Next Year, Car's Unveiling at Auto Expo 2020
The environment-friendly sedan, which is currently the only one in the world that comes in all three non-fossil fuel-guzzling forms, is available in three variants: hybrid, plug-in hybrid and electric. And while there is less of a chance for all three versions to land on Indian shores, it is more likely form the Ioniq Hybrid to come to the country. And Hyundai will not be bringing in the car as a CBU, which would hike up import costs and, as a result, the cost of the car. Also Read - Ford Mustang Mach-E electric SUV unveiled, comes with a range of up to 300 miles
YK Koo, managing director of Hyundai Motor India, has already said that localizing production of cars and their components is the way ahead to making hybrids viable and therefore successful in India. Hyundai may be looking to price the green sedan at around INR 25 lakh to INR 30 lakh, which should help pit it well against the Honda Accord Hybrid and the Toyota Camry Hybrid. Hyundai thinks that it could sell around 100 units a month with that pricing, which is quite a bit considering how young the EV market in India is. ALSO READ: Hyundai Kona to be showcased at Auto Expo 2018 Also Read - Hyundai Sonata hybrid electric car uses solar roof for charging, just like the Lightyear One
The Hyundai Ioniq saw the light of day back in 2016, at the auto shows in New York and Geneva. After it was launched, the Ioniq sold more than 31,000 units in its first year. Underpinning the car is a 1.6-litre, four-cylinder, Atkinson cycle Kappa engine that can deliver around 103 bhp of power and 148 Nm of torque. The engine is coupled with a dual-clutch, six-speed transmission and an electric motor that can generate an equivalent of 32 bhp of power and 169 Nm of torque. A lithium-ion polymer batter of 1.6 kWh capacity fuels the electric motor.