The sub-4 meter SUV market is experiencing rapid growth, with several new models scheduled to launch in the coming months. These launches will include both electric and gasoline-powered vehicles.
Hyundai’s next-generation Venue is anticipated to launch by October 2025 and is currently undergoing testing in India. This new model will succeed the current Venue, which was introduced in 2019 and received a facelift in 2022. The new Venue is expected to feature exterior and interior design updates, with spy shots revealing a larger infotainment display, similar to the one in the Hyundai Creta. The engine options are likely to remain consistent, although the price is expected to increase from the existing range.
Kia is also developing the Syros EV. It is currently undergoing testing in Korea and appears to share design cues with its ICE equivalent. Constructed on a reinforced K1 platform, the Syros EV is expected to have a similar interior. It will potentially feature battery packs from the Hyundai Inster, offering two options: a 42 kWh pack and a 49 kWh Nickel Manganese Cobalt (NMC) pack, with anticipated ranges of roughly 300 km and 355 km, respectively. Prices are estimated to be in the range.
Hyundai is also introducing the Bayon crossover, which will be positioned between the Exter and the Venue in its lineup. Based on the i20 platform, the Bayon is expected to utilize the i20 hatchback’s engine lineup. The 1.2-litre petrol engine is anticipated to incorporate mild-hybrid technology, improving efficiency and performance. The launch of the Hyundai Bayon is scheduled within the next year.
Mahindra is planning to expand its portfolio with its new NU-IK platform, which will underpin four new models: the Vision S, Vision X, Vision T, and Vision SXT. The Vision S has already commenced testing and is expected to be the first model to launch. The Vision S will have a neo-retro design and will come with both petrol and diesel engine options. The new platform will also support hybrid and electric powertrains. The Vision X, scheduled for a 2027 release, will replace the XUV3XO. Both the Vision S and Vision X will share platform and design elements.
While the manufacturers intend to launch these models soon, potential delays may occur due to challenges such as rare-earth metal shortages and supply chain issues.