The recently launched Creta Electric is the first Hyundai model to feature a locally assembled battery pack. The Creta Electric is available in two battery capacities: 42kWh and 51.4kWh. Hyundai and Mobis India Limited are assembling the batteries inside a new facility at the automaker’s Chennai plant.
- 92 percent localisation in manufacturing has been attained
- Hyundai to also localise drivetrain and electronics in the future
The plant can assemble a diverse range of battery packs, including NMC (Nickel-Manganese-Cobalt Oxide) and LFP (Lithium-Iron-Phosphate) batteries and has an annual capacity of 75,000 units in phase 1.
Localisation achieved so far
Gopalakrishnan Chathapuram Sivaramakrishnan, Whole-time Director & CMO HMIL (left), Unsoo Kim, MD HMIL (right)
Hyundai claimed a 92 percent localisation was brought about in manufacturing. Key components like alloy wheels, disc brakes, catalytic converter, clutch assembly, alternator, shark fin antenna and reverse parking sensors have also been localised. Others parts include panoramic sunroof, TPMS, oil cooler and NOX sensors. It was able to do so by sourcing 1,238 parts from more than 194 vendors.
Hyundai Creta Electric battery specs, charging, range
The smaller 42kWh unit has an ARAI claimed range of 390km, and the same is 473km with the 51.4kWh battery pack. As for motor output, it is 136hp and 171hp for former and latter, respectively. With a 50kW DC fast charger, the 10-80 percent charge comes in 58 minutes (for both cells) and with an 11kW unit, it takes 4 hours (42kWh) and 4.5 hours (51.4kWh). For a detailed review of the Hyundai Creta Electric, click here.
Hyundai EV market share expectations, pricing strategy
“For production volume, we have developed an interchangeable production system which lets us adapt to the market demand extremely fast. The Creta has always done well for us (in terms of sales). Since Hyundai's share in the overall ICE segment is 14-15 percent, we are targeting a similar market share with our EVs,” Hyundai Motor India COO Tarun Garg said. He further added that by 2030, the EV market’s cumulative 2.5 percent share can reach 17 percent and the Creta may play a big role in that.
Priced from Rs 17.99 lakh (introductory, ex-showroom), Garg explained the Creta EV benefits from Hyundai’s access to technology and volumes. “Plus, the battery localisation that we have been able to do also helps. Going forward, we are looking to localise the drivetrain, electronics and battery manufacturing as well,” he noted.
Also, see:
Hyundai India MD: Underestimated EV market, but not worried about catching up
Hyundai Creta Electric to be followed by 3 made-in-India EVs