Hyundai Motor Company has unveiled the ‘Inster’, a new sub-compact electric vehicle at the Busan International Mobility Show 2024. 

Exterior

Built on the ‘Casper’, a Korea-specific, petrol sub-compact SUV introduced in 2021, the Inster’s design gets an extended body and wheelbase. With the expanded dimensions, the Inster is positioned between traditional A-segment sub-compact city cars and larger B-segment compact models.

The exterior design is characterised by smooth, rounded edges, bulged fenders, a circuit board-style bumper and a skid plate at the front and rear.

The Inster’s gets LED daytime running light signature and pixel-graphic turn signals, tail lamp and bumpers. LED projection headlamps and a two-tone exterior with a blacked-out roof are also offered on some variants. The Inster gets 15-inch steel wheels with wheel covers, 15-inch alloy wheels or 17-inch alloy wheels depending on the variant.

Exterior colour choices include Atlas White, Tomboy Khaki, Bijarim Khaki Matte and Unbleached Ivory, as well as several new paint-jobs, such as Sienna Orange Metallic, Aero Silver Matte, Dusk Blue Matte, Buttercream Yellow Pearl, and Abyss Black Pearl. Some exterior colour choices will be available in two-tone combinations with a contrasting black roof. The paint of the Inster, Hyundai claims, is sustainable featuring black high-gloss recycled paint, which replaces the carbon black pigment traditionally used in black paint with a colouring made from recycled waste tires.

Interior

On the inside, the Inster features a 10.25-inch digital cluster, a 10.25-inch infotainment touchscreen with navigation and a wireless charging dock as a part of the centre console. The pixel theme is repeated inside, also featuring customisable upper door trim garnishes for owners to further personalise the vehicle.

The Inster’s front row seating provides walk-through access and all seats can be folded flat – including the driver’s seat – for increased flexibility. A front bench seat option and heated front seats and steering wheel are also available. The second-row seats are slidable, can recline and also split 50-50. 

Interior trim choices include Black, and Khaki Brown and Newtro Beige two-tone with full cloth trim. According to Hyundai, the interior of the Inster also uses sustainable materials like recycled polyethylene terephthalate (PET) from bottles and bio-polypropylene material extracted from sugarcane are used inside.

Hyundai says that the Inster will launch first in Korea this summer, followed by Europe, the Middle East and Asia Pacific in due course. Most equipment and technologies will come fitted as standard with extra convenience and design features available as options. The exact specifications is set to be confirmed closer to the launch. Hyundai has also planned an additional variant in the future called ‘Inster Cross’ featuring a more rugged, outdoor-focused design.

"With Inster, we've taken the small SUV image to a bold new place for the global audience," said Simon Loasby, Senior Vice-President and Head of the Hyundai Design Center. "Inster punches well above its weight with distinctive design and an interior that maximises its potential in exciting, customer-centric ways. With Inster we're redefining what it means to drive a sub-compact EV," added Simon.

Performance and Range

The Inster EV is equipped with a 42 kWh battery as standard, and is also available with a long-range 49 kWh battery as an option. Both models are powered by a single motor that delivers 71.1 kW (97 PS) in the base variant and 84.5 kW (115 PS) in the long-range model. Both versions offer 147 Nm of torque.

With a claimed range of 355km on a single charge for the long-range model, the Inster requires an estimated energy consumption of 15.3 kWh/100 km. (Both figures are for the 15-inch wheels) The standard range model gets a claimed range of more than 300km.

The sub-compact EV can charge from 10 to 80 percent in around 30 minutes under optimal conditions when using a 120 kW DC high-power charging station. It also comes equipped with an 11 kW on-board charger as standard, while a battery heating system and high-efficiency heat pump are available.

External and internal Vehicle-to-Load (V2L) functionality provides power for external devices (110V/220V), allowing bi-directional charging without requiring additional equipment. This enables customers to freely use or charge devices such as electric bicycles, scooters and camping equipment.

Specifications and Features

*Specifications are based on European-model Hyundai Inster. Features, technology and claimed figures may differ depending on the market.

JSW MG Motor India is set to expand its EV portfolio with the MG Windsor Pro, which is set to be introduced on 6 May 2025.

The MG Windsor Pro is expected to offer a higher range, more features, improved safety and minor design tweaks. While technical details are yet to be released, it is safe to understand that the company is looking to further drive sales of its popular EV, targeting a new set of customers.

Launched on 11 September 2024, the company positioned the Windsor as a CUV (crossover utility vehicle) and the most comfortable EV in its segment.

The Windsor EV has already surpassed 20,000 units sales since launch, and has been the highest selling electric passenger vehicle for the last several months in a row.

Gujarat-headquartered electric vehicle maker Wardwizard Innovations & Mobility, the maker of ‘Joy e-bike’ and ‘Joy e-rik’ brand, has reported a consolidated net profit of INR 63.6 million for FY2025, maintaining profitability for the fifth consecutive year despite industry headwinds and a 5.1 percent drop in annual revenue.

The company’s total consolidated revenue stood at INR 3.04 billion, down from INR 3.2 billion last year. However, EBITDA rose 13.9 percent YoY to INR 3.6 billion, and EBITDA margins improved by 222 basis points to 12.11 percent, reflecting strong cost discipline and operational efficiency.

Despite a 52.7 percent YoY dip in PAT, largely due to a high base in FY2024, Wardwizard remained in the black – underscoring resilience amid a challenging EV market environment.

Yatin Sanjay Gupte, Chairman & MD, Wardwizard Innovations & Mobility, said, “While annual revenues saw a slight decline, EBITDA rose 14 percent YoY. Our profitable performance, sustained for five consecutive years, sets us apart and reinforces the strength of our strategy.”

In Q4 FY25 (Jan–Mar 2025), the company recorded a 62.2 percent YoY rise in PAT to INR 64.5 million, with EBITDA nearly doubling to INR 1.8 billion. PAT margins for the quarter expanded to 5.91 percent, and EBITDA margins reached 17.26 percent, reflecting improved product mix and cost optimisation.

During the last fiscal, the company deployed over 400 electric two-wheelers across major cities like Kolkata, Pune, and Ahmedabad as well as the launch of L5 electric rickshaws in Maharashtra. Ongoing partnerships and a USD 1.29 billion EV initiative in the Philippines are expected to drive future growth.

“With continued innovation and targeted execution, we are building a stronger foundation for long-term growth,” Gupte added.

OPG Mobility (formerly Okaya EV) has appointed Ajay Dhiman as the new President – Chief Operating Officer (COO) and Chief Technology Officer (CTO) to lead its electric vehicle and EV components business.

In this strategic leadership role, Dhiman will be responsible for operations and technology functions spanning manufacturing, R&D, product development, quality, sourcing, supply chain and business strategy.

He joins OPG Mobility with over 20 years of experience in the automotive and EV sectors. He previously served as Senior Vice-President at Revolt Motors, where he is said to play a key role across CXO-level functions and was instrumental in accelerating product development and delivering high-quality electric mobility solutions. His career includes leadership stints at Honda, Renault-Nissan, Subros and Sonalika Group, contributing across two-wheeler, three-wheeler, and four-wheeler segments.

Anshul Gupta, Managing Director, OPG Mobility, said, “We are delighted to have Ajay Dhiman join our leadership team at a pivotal moment in OPG Mobility's journey. As we step up our presence in the EV ecosystem, Ajay’s deep experience in product development and operations will be invaluable in scaling our EV and components business. His thorough knowledge of both legacy systems and new mobility technologies will drive value, innovation, and faster execution across our transformation journey.”

Ajay Dhiman, added, “It’s an honour to join OPG Mobility at such a transformative time. The brand’s vision of delivering inclusive and innovative electric mobility solutions aligns strongly with my passion for engineering excellence, innovative products and future-focused manufacturing. I look forward to working closely with the leadership and teams to strengthen our product pipeline, accelerate product innovation, strengthen our technological edge, enhance operational excellence, and scale solutions that support India’s evolving mobility needs. We aim to position OPG Mobility as a frontrunner in shaping India’s electric mobility revolution.”

The Maharashtra government has given rolled out the Electric Vehicle Policy 2025 for a period of five years (till 2030) with an estimated outlay of INR 19.93 billion.

The forward-looking policy aims to not only incentivise purchase of electric vehicles, but also aims to boost adoption and real-world usage.

As per the policy, certain EVs plying on highways will be given a toll waiver, EV charging infrastructure strengthened with an ambition have charging facilities every 25km on the national highways.

Electric two-wheelers, three-wheelers, private four-wheelers, state transport corporation buses, private buses and transport undertaking under civic bodies will get concession of 10 percent on purchase of an EV on the original cost. For goods carrying three-wheelers, four-wheelers and electric tractors will be eligible to a concession of 15 percent.

The government has also waived off registration fee on EVs. Lastly, electric four-wheelers and buses will also get toll exemption on Mumbai-Pune Expressway, Atal Setu, Samruddhi Mahamarg, along with 50 percent concession on state and other national highways.

Devendra Fadnavis, Chief Minister of Maharashtra, said, "The state government has approved a new Electric Vehicle (EV) policy, under which passenger EVs will be given subsidies. EV manufacturing and their use should increase in the state."