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Hyundai Motor India is preparing to launch two new SUVs in the Indian market in 2026, as part of its effort to regain market share amid growing competition from Maruti Suzuki and Tata Motors. The company is working on an ICE crossover internally codenamed Bc4i and a new electric SUV, HE1i, both of which were discussed by Hyundai management during recent interactions with media and analysts following its FY26 earnings.
The Bc4i will be based on the Hyundai i20 platform and will measure around 4.18 metres in length, positioning it against the upcoming Maruti Suzuki Victoris. The model is expected to come with naturally aspirated petrol and CNG powertrains, focusing on fuel efficiency and lower running costs.
The second model under development is the HE1i electric SUV, which is expected to be under four metres in length and positioned directly against the Tata Nexon EV. Unlike Hyundai’s earlier EVs, the HE1i is expected to be developed more closely around Indian market requirements, including localisation, pricing and urban usage patterns.
The company has guided for 8-10% domestic growth in FY27, supported by new launches and higher production capacity. The launch of the two new SUVs is expected to meaningfully boost Hyundai's volumes and act as powerful catalysts for its next phase of growth, according to Tarun Garg, MD and CEO of Hyundai Motor India. The company will provide further updates on the launch timeline and product details in the coming months.