Advertisement
Singapore markets open in 5 hours 4 minutes
  • Straits Times Index

    3,289.42
    -23.93 (-0.72%)
     
  • S&P 500

    5,308.32
    +61.64 (+1.17%)
     
  • Dow

    39,905.92
    +347.81 (+0.88%)
     
  • Nasdaq

    16,741.90
    +230.72 (+1.40%)
     
  • Bitcoin USD

    66,122.35
    +4,508.24 (+7.32%)
     
  • CMC Crypto 200

    1,390.81
    +122.86 (+9.69%)
     
  • FTSE 100

    8,445.80
    +17.67 (+0.21%)
     
  • Gold

    2,392.50
    +32.60 (+1.38%)
     
  • Crude Oil

    78.81
    +0.79 (+1.01%)
     
  • 10-Yr Bond

    4.3560
    -0.0890 (-2.00%)
     
  • Nikkei

    38,385.73
    +29.67 (+0.08%)
     
  • Hang Seng

    19,073.71
    -41.35 (-0.22%)
     
  • FTSE Bursa Malaysia

    1,603.23
    -2.65 (-0.17%)
     
  • Jakarta Composite Index

    7,179.83
    -7,083.76 (-49.66%)
     
  • PSE Index

    6,558.63
    -49.73 (-0.75%)
     

Hyundai Motor Group plans hybrid car launch in India in strategy shift, sources say

SEOUL, April 30 (Reuters) - Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, according to three sources, as the South Korean auto group looks beyond electric vehicles to boost its presence in a key auto market.

The group, which houses Hyundai Motor and Kia Corp, is evaluating a hybrid sport-utility vehicle similar in size to its top-selling, mid-sized Creta SUV in India, said two of the sources who have direct knowledge of the plans.

(Reporting by Heekyong Yang in Seoul and Aditi Shah in New Delhi; Editing by Himani Sarkar)