Hyundai Motor India Strengthens EV Ownership Confidence with Assured Buyback Program for Hyundai CRETA Electric

Hyundai Motor India Limited (HMIL) has announced the launch of its Assured Buyback Program for the Hyundai CRETA Electric, offering customers a 60% assured buyback value for up to 3 years or up to 45,000 kilometers. Designed to alleviate primary consumer concerns regarding future resale value and depreciation, the initiative reinforces Hyundai’s strategy to make electric mobility more accessible, predictable, and confidence-inspiring for Indian buyers.

Commenting on the rollout, Tarun Garg, MD & CEO of HMIL, stated:

“The next phase of electric vehicle adoption in India will be driven equally by advancements in vehicle technology and by greater customer confidence. Hyundai CRETA Electric has been engineered to deliver an exceptional ownership experience backed by Hyundai’s global EV expertise and the trust of the iconic CRETA brand. Our Assured Buyback Program, offering 60% assured buyback value, reflects our confidence in the product’s outstanding quality, reliability and long-term value.”

Key Features and Specifications of the CRETA Electric:
Building on the legacy of the popular CRETA SUV lineup, the new electric variant integrates advanced zero-emission powertrains with robust everyday practicality:

Battery Options & Range: Available in two configurations a 51.4 kWh (Long Range) battery delivering an ARAI-certified range of 510 km, and a 42 kWh (Standard Range) battery offering 420 km.

Fast Charging: DC fast-charging capability supports a 10% to 80% charge replenishment in just 39 minutes.

Performance: Accelerates from 0 to 100 km/h in 7.9 seconds for the Long Range variant.

Technology & Safety: Equipped with Hyundai SmartSense Level 2 ADAS, Vehicle-to-Load (V2L) capabilities for internal and external power use, and a Digital Key.

Comprehensive EV Ecosystem: BaaS and Charging Infrastructure:
To further lower initial acquisition barriers and enhance ownership convenience, Hyundai has introduced complementary support systems:

Battery-as-a-Service (BaaS): Offered with a starting price of INR 10.99 lakhs, accompanied by a battery usage model starting at INR 3.9 per kilometer.

Charging Network: Supported by the myHyundai app, which grants users access to over 30,000 charging points nationwide. HMIL has already deployed 183 DC fast-charging stations across 105 cities, with targets to expand the network to 600 stations by 2030 along major national highways and dealerships.