Hyundai India announces CRETA Electric, to be offered in four variants; shares rise 2%

Hyundai India announces CRETA Electric, to be offered in four variants; shares rise 2%

Hyundai Motor India on January 2 unveiled the Hyundai CRETA Electric following which the firm's shares rose over 2%.

"This groundbreaking electric SUV combines bold design, cutting-edge technology, and unparalleled safety to set new benchmarks in India’s EV market. Designed to lead, the Hyundai CRETA Electric promises to redefine the market with its electrifying performance, futuristic design, and user-centric innovations," said Hyundai in a stock exchange filing.

Tarun Garg, Whole-Time Director and Chief Operating Officer, Hyundai Motor India Limited, said: “The Hyundai CRETA Electric marks a significant milestone for HMIL as our first localised electric SUV. Hyundai Motor Company has established itself as a pioneer in EV innovation with revolutionary and award winning EVs like IONIQ, and the Hyundai CRETA Electric is no different. Continuing the strong legacy of the CRETA brand, the Hyundai CRETA Electric combines design, technology, and exceptional safety to inspire confidence in electric vehicles among Indian customers. With the addition of this electric powertrain, we now have a CRETA for everyone. We are confident that the Hyundai CRETA Electric will set a new standard in quality for electric SUVs in India and will redefine the success of EVs in the country.”

On January 2, the company's shares rose 2% to trade at Rs 1,854 apiece. The stock was listed on stock exchanges in October.

The car comes with two battery pack options: 51.4 kWh (Long Range) and 42 kWh offering driving range of 473 km and 390 km, respectively.

Here are the Hyundai CRETA Electric features:

• "Electrified Appeal – The Hyundai CRETA Electric sets a new benchmark in design with a pixelated graphic front-grille with integrated charging port and a pixelated graphic lower bumper. Complementing the front design, the pixelated graphic rear bumper, and the LED tail lamps offer an innovative and electrifying appearance.

• "Active Air Flaps (AAF) – With unique Active Air Flaps (AAF), Hyundai CRETA Electric offers an all-new standard both in terms of style and performance. The active air flaps are strategically integrated to manage the air flow and help in cooling the vehicle components & improve aerodynamic performance.

• "Aerodynamic Design – The Hyundai CRETA Electric is equipped with R17 (D=436.6mm) Aero Alloy Wheels with Low Rolling Resistance (LRR) tyres, enhancing aerodynamic performance and contributing to improving the range efficiency," said Hyundai.

With 0-100 km/h acceleration in just 7.9 seconds in (Long Range), the Hyundai CRETA Electric delivers thrilling performance for urban commuters, families, and adventure seekers alike, the company said.

The Hyundai CRETA Electric can be charged from 10% to 80% in just 58 minutes (DC charging), while the 11kW Smart Connected Wall Box charger can charge from 10%-100% in 4 hours, the company added.

The Hyundai CRETA Electric will be available in 4 variants – Executive, Smart, Premium and Excellence with 8 monotone and 2 dual-tone color options including 3 Matte colours to "suit every style".