Upcoming Mass-Market EVs from Maruti, Hyundai and Honda by March 2027

India’s leading car manufacturers, Maruti Suzuki, Hyundai Motor India, and Honda Cars India are preparing to launch dedicated, high-volume EVs in the country by March 2027. While Maruti Suzuki will introduce an all-new electric MPV, Hyundai and Honda will launch an all-new compact and mid-size electric SUVs. Here is a detailed breakdown of what to expect from the upcoming Maruti YMC MPV, Hyundai Ioniq P, and Honda 0 Alpha EV. 

Maruti Suzuki YMC: India’s Mass-Market Electric MPV

Expected Launch: Early 2027
Estimated Price: Rs 16 lakh - Rs 20 lakh
Key Rivals: Kia Carens Clavis EV, MG Windsor EV and BYD eMAX 7

Following the roll-out of the e Vitara SUV, Maruti Suzuki is now utilising its dedicated EV platform to launch an electric 3-row MPV. Internally codenamed YMC, the electric MPV will use an extended wheelbase version of Suzuki’s modular EV platform. It will be offered with 6-seat and 7-seat layout with former having captain seats in the second row. 

The upcoming Maruti YMC electric MPV will be offered with 49 kWh and 61.1 kWh battery options. We expect the electric MPV to offer a realistic range of up to 500 km on a single charge. It will be manufactured at Suzuki’s production facility in Hansalpur, Gujarat. The 3-row EV will come with dual-screen infotainment displays, sliding middle seats, captain seats in the second-row, dedicated AC controls in the second and third-row, and Vehicle-to-Load (V2L) power sharing. 

Hyundai Ioniq P (Codenamed HE1i): Mass-Market Sub-4m Electric SUV

Expected Launch: January 2027
Estimated Price: Rs 12 lakh - 16 lakh
Key Rivals: Tata Nexon EV, Mahindra XUV 3XO EV and Kia Syros EV

Hyundai Motor India will introduce an all-new mass-market electric SUV to rival the likes of the Tata Nexon EV, Kia Syros EV and Mahindra XUV 3XO EV. It will be based on the E-GMP (K) Small Modular Electric Architecture. The company will initially import the battery cells, but the Korean brand has joined hands with Exide Industries to develop battery cells for the upcoming IONIQ P. 

The electric SUV is expected to be offered with 42 kWh and 49 kWh battery choices. We expect the Hyundai Ioniq P to offer a realistic range of around 350km on a single charge. It features a tall-boy stance for easy ingress/egress, LEVEL-2 ADAS, a 360-degree surround view camera, connected car telematics, dual 10.25-inch screens, others. 

Honda Alpha EV

Expected Launch: Official Reveal December 2, 2026, Market Launch in 2027
Estimated Price: Rs 18 lakh - 24 lakh
Key Rivals: Hyundai Creta Electric, Mahindra BE 6 and Tata Sierra EV

Honda Cars India has officially announced to reveal the production version of the 0 Alpha EV in the country on December 2, 2026. Called the Honda Alpha, the midsize electric SUV will be based on Honda’s global ‘0 Series’ electric platform. The new electric SUV will be locally manufactured at Honda’s Tapukara based manufacturing facility in Rajasthan for domestic as well export markets. 

The 0 Alpha adopts Honda’s “Thin, Light, and Wise” design philosophy, featuring minimalist exterior surfaces, a low bonnet line, and a longer wheelbase to maximise interior cabin volume. The electric SUV is expected to be offered with two battery choices with a realistic range of up to 500km on a single charge.

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