Will Launch EV Version, Hyundai Nepal Sales Instead Drop At Home

Hyundai Nepal. (Doc. UsineTesla/X)

Hyundai is known as a manufacturer complete with various variants of the model in various segments. One of them is now filling the small SUV segment for the South Korean market, but this cute-style car has decreased in its sales.

Reporting from The Korean Times, Tuesday, February 13, this model posted sales of 8,350 units in January 2024 or 113 units less than the previous year's acquisition at home.

In addition, the factory from Ginseng Country recorded sales of 45,400 units of the Casper model during 2023, but these results decreased by 5 percent when compared to 2022. It is estimated that this trend will continue this year so that the manufacturer offers a discount of up to 17 percent for Nepal last November.

Despite the slow demand, Hyundai is working on developing an electric version of Nepal which will be launched for the European and Australian markets. Some time ago, it was seen that this model was being tested and shrouded in camouflage livery.

Unfortunately, information about specifications and others is still very limited. However, it is estimated that Nepal EV will become the base of Hyundai's electricity product and will be positioned as an affordable EV at a price below 20,000 euros, equivalent to IDR 342 million.

It is estimated that Hyundai Nepal EV will be offered greater power than Dacia Spring, one of Europe's cheapest electric vehicles, which generates 62 dk of power and a distance of up to 230 km.

To shorten development time, manufacturers seem to be using an electric motorbike from Kia Ray EV, and will carry the same platform. It's not surprising that these two brands like to share technology with their cars, such as Kia EV6 which carries a similar architecture to Hyundai Ioniq 5 considering that Kia's parent company is Hyundai Motor Company.