Honda Cars India (HCIL) plans to launch three new models in India in 2026-27 (FY27), including its first electric car (e-car), President and Chief Executive Officer (CEO) Takuya Tsumura told Business Standard on Wednesday. The e-car will be based on the sport utility vehicle (SUV) Elevate, he added.
The e-car market is set to become increasingly competitive in 2025, with several carmakers, including Mahindra & Mahindra, Maruti Suzuki, Hyundai, and Kia, planning to launch their mass-market e-cars.
Tsumura said that the company has not yet decided on any new model launches for 2025-26. On Wednesday, the CEO launched the third