SEOUL (Reuters) – Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, according to three sources, as the South Korean auto group looks beyond electric vehicles to boost its presence in a key auto market.
The group, which houses Hyundai Motor and Kia Corp, is evaluating a hybrid sport-utility vehicle similar in size to its top-selling, mid-sized Creta SUV in India, said two of the sources who have direct knowledge of the plans.
(Reporting by Heekyong Yang in Seoul and Aditi Shah in New Delhi; Editing by Himani Sarkar)
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