Honda Cars India has unveiled the price of its new mid-sized SUV, the Elevate, which is starting at ₹10.99 lakh (ex-showroom Delhi). The company has also announced plans to introduce five more SUVs in India by 2030.
The Elevate is powered by a 1.5-liter petrol engine paired with a six-speed manual or a seven-speed CVT. It is available in four variants: S, SV, EX, and VX. The top-of-the-line VX variant comes with features such as a panoramic sunroof, a 9-inch touchscreen infotainment system, and a Bose sound system.
The Elevate is Honda’s first SUV in India to be equipped with Honda Sensing, a suite of advanced safety features. These features include autonomous emergency braking, lane departure warning, and adaptive cruise control.
Honda Cars India President and CEO Takuya Tsumura said that the Elevate is the start of a new chapter for the company in India. He said that the company is committed to the SUV segment and plans to introduce five more SUVs in India by 2030.
The five SUVs that Honda plans to introduce in India by 2030 are:
- A fully electric version of the Elevate
- A compact SUV
- A subcompact SUV
- A premium SUV
- A performance SUV
Honda has not revealed any details about these SUVs yet, but it is expected that they will be based on the company’s global platforms.
The introduction of five new SUVs by 2030 is a significant move by Honda Cars India. The company is betting big on the SUV segment, which is the fastest growing segment in the Indian automotive market. The SUV segment is expected to grow at a CAGR of 15% in the next five years.
The introduction of five new SUVs by 2030 is a significant move by Honda Cars India. The company is betting big on the SUV segment, which is the fastest growing segment in the Indian automotive market. The SUV segment is expected to grow at a CAGR of 15% in the next five years.
The introduction of five new SUVs by 2030 is a significant move by Honda Cars India. The company is betting big on the SUV segment, which is the fastest growing segment in the Indian automotive market. The SUV segment is expected to grow at a CAGR of 15% in the next five years.
The launch of the Elevate and the five new SUVs by 2030 will be a major test for Honda Cars India. The company will need to price its SUVs competitively and offer good value for money in order to succeed in the Indian market.
Here are some of the key factors that will determine the success of Honda’s new SUVs in India:
- The pricing of the SUVs
- The features and specifications of the SUVs
- The marketing and sales strategy of the company
- The competition from other automakers
Honda Cars India has a strong brand image in India, and it is hoping that this will help it to succeed in the SUV segment. The company will also need to focus on providing good after-sales service in order to retain customers.
The launch of the Elevate and the five new SUVs by 2030 is a bold move by Honda Cars India. The company is betting big on the SUV segment, and it will be interesting to see how it fares in the coming years.
