Synopsis
Honda is set to introduce more than ten new models in India by 2030. This includes electric vehicles and compact SUVs. The company sees India as a key growth market. Honda will launch its first full electric vehicle in the second half of this fiscal. The company aims for double-digit growth in India this year.
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Agencies Honda Cars India (File Photo)
New Delhi: Japanese automaker Honda plans to drive in over 10 new models, including electric vehicle and compact SUV by 2030 in India, one of the three key markets it has identified for its future growth plans, according to a senior company official.
Honda Cars India Ltd (HCIL) on Friday launched the new version of its popular hybrid sedan City with introductory prices starting at Rs 11.99 lakh while also unveiling its premium SUV ZR-V in India.
It will launch its first full electric vehicle in the second half of the ongoing fiscal in the country, HCIL President and CEO Takashi Nakajima told reporters here.
“Recently we announced that we will be launching new models under two categories, that is, under 4 metres and the midsize category. Last time, in Japan, we mentioned ten (models) but currently, we are counting more than ten (models),” Nakajima said when asked how many new models Honda planned to launch in India going forward by 2030.
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In the ongoing fiscal, HCIL plans a total of six launches, including the City hybrid and the ZR-V hybrid, he said adding the launch of new City and unveiling of ZR-V mark the beginning of HCIL’s new phase of accelerated growth in the market.
“India is among the top three focus markets to realise Honda’s future growth, which wil
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