Recently, Honda Cars India introduced the Elevate, which marked the company’s entry into the mid-size SUV market. By 2030, the company wants to release 4 further SUVs.
Recently, Honda Elevate was introduced in the Indian market with an ex-showroom price of Rs. 10.99 lakh. The Japanese automaker is attempting to compete in the very competitive mid-size SUV category with this model. Honda presently offers the Amaze and City for sale in the nation in addition to the Elevate.
While the company’s core products were these sedans, the debut of Elevate, which will be followed by the introduction of four more SUVs in a phased way by the end of the year 2030, is a part of the new SUV-centric strategy. According to senior Honda officials, the electric Elevate will make its debut as the second SUV on the domestic market.
The company has set an objective of launching within the following three years. The Elevate will assist the brand in pulling some strong sales volumes, helping it to reclaim its market share and win back customers’ trust. All of these will prepare the ground for Honda’s first EV to be introduced in the nation.
The remaining three SUVs that are a part of the strategy are kept under secret by the firm. However, there are rumors in the market that a new sub-4-meter SUV, which will take the place of the now-discontinued W-RV, is also in the works. However, it is reasonable to conclude that Honda will focus mostly on SUVs as it has a sizable market share and is anticipated to grow even more.
When it comes to the Elevate, it costs between Rs. 10.99 lakh and Rs. 15.99 lakh (ex-showroom). The mid-size SUV will compete against well-known brands like the Toyota Urban Cruiser Hyryder, Maruti Suzuki Grand Vitara, Hyundai Creta, and Kia Seltos, among others.
It is powered by the well-known 1.5-liter i-VTEC petrol engine, which is a direct lift-off from the City in the same state of tune. You can choose between a manual and a CVT automatic gearbox.
- Compared to Lamborghinis or McLarens, the Corvette ZR1 hits 60mph faster - December 21, 2024
- A fierce AI war has erupted between Google and OpenAI - December 21, 2024
- The Hindi version of Salaar: Ceasefire, starring Prabhas, also made a big impression on digital platform after Box Office - December 19, 2024