Fresh reports from South Korea suggest that Hyundai has commenced the development of a new micro SUV, which is aimed to be finished by 2021.
Maruti is soon going to enter the micro-SUV segment in India with the upcoming S-Presso. Well, it is not the proper micro-SUV, but a hatchback-cum-SUV. But, Maruti is not the only one going after this segment.
Tata has already unveiled the H2X micro-SUV and the car is likely to be seen in production by the next year. Going by the new media reports, Hyundai is also planning a micro-SUV/crossover-type vehicle for the global market.
Codenamed as AX concept, Hyundai has reportedly fixed 70,000 units for its annual production. It will be positioned below the Venue and in a price range similar to the Hyundai Grand i10.
Reports suggest that the Hyundai micro SUV is likely to make its way to India as well. It might be seen at the 2020 Auto Expo in the concept form. In Korea, it will be the first light-weight vehicle to enter production after two decades.
What remains unknown if the upcoming AX concept will be a micro-SUV like the Mahindra KUV100 or a hatchback-crossover type, similar to the Renault Kwid and Maruti S-Presso.
The 1.1 Litre four-cylinder petrol engine from the Santro might make its way on the micro SUV. Similarly, there are chances of the slightly bigger 1.2 Litre petrol engine from the Grand i10 coming on the AX concept.
Not just this, but Hyundai is also planning for the next-generation Elite i20, facelifts to Hyundai Xcent, Verna and the new Creta as well, for the next 1-2 years. After launching the Kona electric SUV in India, the automaker plans to launch affordable electric cars, but for the commercial market.