Hyundai will sell the electric i10 initially to governments, Saxena said without elaborating. The company doesn’t plan to sell the car India because of the lack of necessary infrastructure, according to Saxena.
Hyundai Motor India aims to maintain its growth rate this year after boosting sales 14 percent to 559,880 vehicles in 2009, he said. Exports may be little changed this year as incentives on new car purchases from European governments disappear, he said.
Apart from Hyundai i10 electric, the company has also showcased three other models at Auto Expo 2010. Hyundai displayed i-mate, H1 Wagon and Genesis Coupe.
The Bollywood stars paid visit to Auto Expo on the second day. After Shah Rukh Khan, Bollywood actor Ajay Devgan launched his favourite SUV Mahindra Scorpio.
M&M launched Mahindra Scorpio and Mahindra Navistar Trucks on Wednesday.
Bike crazy actor John Abraham was also present at the Auto Expo and he launched Yamaha’s 2010 version of the YZF-R1 bike and YZF-R15 bike at the Auto Expo.
Previously, in 2007, Hyundai had launched the Hyundai i10 with internal combustion engine in 2007.At present; HMIL is the country’s largest car exporter and the second largest car manufacturer with a line up of alternate fuel technology in vehicles like the CNG and LPG versions of its small car Hyundai Santro. This would be followed with its sedan Accent and small car Hyundai i10.
Currently, only Reva produces electric cars for the Indian market but recently Tata Motors also announced its plans to bring in the Tata Indica Vista electric in collaboration with a Norwegian company to ply it here in India after studying the feasibility.
Hyundai Motor India’s pavilion displayed its futuristic technology in the form of concept vehicles to highlight the superior and advanced technology that the company has pioneered. The company also showcased the sports variant of its luxury sedan Genesis at the auto show.
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