The Korean manufacturer plans to launch a sub-4 meter electric SUV in India
The goal is to capture the market in the next three years
The brand intends to tap on the growing market for electric vehicles
Hyundai already has one product, Kona EV, in the EV portfolio
However, Kona EV is pretty expensive which reflects on the sale as well
Import duty is the main reason behind the price
The only sub-4 meter electric SUV sold in India now is the Tata Nexon EV
