Hyundai hints at IONIQ P name for new entry-level EV for India
Hyundai is preparing a compact electric SUV codenamed HE1i, expected to launch as the IONIQ P. The India-built model is slated for Q4 FY27 and will slot below the Creta Electric.
- HE1i will sit below Creta Electric as a smaller, lower-priced electric SUV
- India launch targeted for Q4 FY27; IONIQ P name not officially confirmed
- Hyundai is investing $15.5 billion in India through 2032, capacity to reach 1.1 million units
- Hyundai India sales rose 9.5% in Q3 to over 150,000 units
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