Zee Media Bureau
New Delhi: South Korean car manufacturer Hyundai Motor Co will launch its first rechargeable battery-powered vehicle in 2016, as per a news agency.
Hyundai is expanding its offering by also investing in battery-powered cars - the staple green offering of Hyundai affiliate Kia Motors Corp.
Kia, 34 percent owned by Hyundai, has favoured battery-powered cars because they can be charged at home as well as at charging stations. Fuel-cell cars must be refilled with hydrogen only at filling stations.
Kia has said it will start building a battery-powered version of its Soul compact in Korea next month. The car will be Hyundai-Kia's first battery-powered EV export, with destinations including the U.S. and Europe.
Aiming to enhance its position into high growth segment, Hyundai Motor India Ltd has launched its compact sedan Xcent in India.
The sub four-metre sedan Xcent has been priced between Rs 4.66 lakh and Rs 7.38 lakh (ex-showroom, New Delhi).
Xcent would be available in two engine options--petrol and diesel. It will have a 1.1 litre advanced second generation U2 CRDi diesel and 1.2 litre Kappa dual VTVT petrol engine.
The petrol version is priced between Rs 4.66 lakh and Rs 6.47 lakh while the diesel variant is priced between Rs 5.56 lakh and Rs 7.38 lakh (ex-showroom, New Delhi).
With Agency Inputs
First Published: Thursday, March 13, 2014, 11:01