Hyundai Motor Group plans hybrid cars for India in strategy shift

Hyundai Motor Group plans to launch its first hybrid cars in India as early as 2026, three sources said, as the South Korean auto group shifts strategy to look beyond electric vehicles and boosts its presence in a key market.

The group, housing Hyundai Motor (005380.KS) and Kia Corp (000270.KS), is evaluating a hybrid sport-utility vehicle of size similar to its top-selling, mid-sized Creta SUV in India, said two of the sources, who have direct knowledge of the plans.

Both Hyundai...