Honda Cars India has unveiled its plans to introduce an all-electric variant of the recently launched Elevate mid-size SUV by 2026. The company disclosed the pricing for the Honda Elevate SUV on Monday, with a price range starting from ₹10.99 lakh to ₹15.99 lakh (ex-showroom). Honda is now focused on delivering a pure electric version of the Elevate within the next three years.
According to a report by PTI, Takuya Tsumura, President and CEO of Honda Cars India, has indicated the company's concentration on developing a battery-electric iteration of the Honda Elevate. Tsumura refrained from disclosing additional specifics about the forthcoming Honda Elevate EV. Given Honda's pending entry into the burgeoning electric car market in India and the robust consumer interest in the Elevate, this vehicle could potentially mark the company's initial foray into electrification within the Indian market.
At present, Honda is diligently developing four SUV models, all set for an India launch by 2030, including the Elevate EV. As per HT Auto, Kunal Behl, Vice President (Marketing and Sales) at Honda Cars India, noted that the mid-sized SUV category in India has experienced a substantial 34% surge in sales this year compared to the previous year. Furthermore, he highlighted that the segment's average monthly sales have stabilized at approximately 70,500 units.
Reportedly, with a keen focus on the escalating demand and expansion within this segment, Honda is determined to secure a significant share of the market through the introduction of more SUV models by the close of this decade, with the Elevate leading the way as the inaugural offering. "Our focus is now on the SUV segment. Starting from Elevate we are going to introduce five SUVs
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