The compact and mini electric car segment is set to become the next arena of competition as automakers look to emulate the unrivalled dominance of Maruti Suzuki in this category on petrol engines.
While the battle among carmakers has been intense in the Rs 18-25-lakh electric car segment, the sub-four-meter category, which is the backbone of the domestic car market driving more than 60% of the volumes in FY25, has been largely snubbed by major brands.
Hyundai and Mahindra fire the first shots with localised platforms
South Korean major Hyundai , for which India is one of the top four global markets, has taken the lead in developing a car suited for Indian conditions. Due for debut in the compact (A+) segment, the mini sports utility vehicle (SUV) from Hyundai is expected to be launc