Honda Cars India recently unveiled its highly anticipated Elevate SUV. This marks the first of five SUVs that Honda plans to launch in the Indian market by 2030. However, unlike its sibling, the City, the Elevate will not feature the strong hybrid powertrain option. Instead, Honda plans to introduce an electric vehicle (EV) based on the Elevate platform within the next three years.
During the global unveiling of the Elevate SUV, Takuya Tsumura, president and CEO of Honda Cars India, confirmed that the focus is on the EV variant of the Elevate. The decision to not offer a hybrid version is primarily due to cost constraints. Honda had previously expressed its intention to localize the hybrid powertrain to reduce costs, but it seems that achieving this goal remains a challenge. Additionally, the competitive pricing of the Maruti Suzuki Grand Vitara and Toyota Hyryder strong-hybrid models in the segment adds further pressure.
Let’s dwell deep into what Honda Elevate EV could be like?
Honda Elevate EV: Price
The Honda Elevate EV is expected to come with a competitive price tag, positioning itself as an attractive option for consumers looking to switch to electric vehicles. We can expect it to fall in the price range of Rs 12 -18 lakhs (ex-showroom). Also, we are aware that with the Goods and Services Tax (GST) in India, EVs attract a 5 percent tax, while regular vehicles and hybrids face significantly higher tax rates of 45 percent and 43 percent, respectively. Thus, Honda’s pricing strategy for the Elevate EV will be a key factor in its success.
Also Read: Honda Elevate SUV Launch in India: Bookings Start in July 2023, Price Reveal Later
Honda Elevate EV: Features
The Honda Elevate EV will incorporate a range of advanced features, showcasing Honda’s commitment to innovation. The vehicle is expected to boast state-of-the-art technology, offering a seamless and connected driving experience. With an emphasis on comfort and convenience, the Elevate EV is likely to come equipped with modern amenities and driver-assistance systems, further enhancing the overall ownership experience.
Honda Elevate EV: Range
One of the key aspects of any EV is its range, and the Honda Elevate EV is expected to deliver impressive numbers in this regard. With advancements in battery technology, the Elevate EV is projected to offer a substantial range on a single charge. The Elevate’s rival Hyundai Creta EV is likely to offer a 450+ km range on a single charge. We can expect the Honda Elevate EV to something similar to this.
Honda Elevate EV: Battery & Charging
It is being speculated that the upcoming Hyundai Creta EV will be powered by a 39.2 kWh battery pack coupled with a 134 bhp and 395 Nm electric motor. Thus, we can expect the Honda Elevte EV to boast of similar spec.
As for the charging, the Elevate EV is likely to support fast-charging capabilities, allowing drivers to charge their vehicles quickly and conveniently. With rapid charging options, the Honda Elevate EV aims to reduce downtime and provide a hassle-free charging experience for its owners.
Honda Elevate EV: Rivals
The Honda Elevate EV faces stiff competition from established players such as the Creta EV, as well as emerging rivals in the Indian electric vehicle market. Competitors like Tata Nexon EV, Mahindra eXUV300, and MG ZS EV are vying for market share, intensifying the competition in this rapidly evolving segment.
With its stylish design and advanced features, the Elevate EV is expected to attract attention and make its mark in the evolving Indian automotive market.
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