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.

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Ola Electric has announced the commencement of mass deliveries of its 4680 Bharat Cell-powered vehicles. The S1 Pro+ 5.2 kWh is the first product to be powered by the company’s indigenously manufactured 4680 Bharat Cell battery pack, which delivers more range, better performance and enhanced safety.

With its own battery packs in the vehicles, Ola Electric is now India's first company to fully own the battery pack and cell manufacturing process in-house.

The S1 Pro+ 5.2 kWh is powered by a 13 kW motor, offering acceleration of zero to 40 kmph in just 2.1 seconds. It comes with an impressive 320 km range (IDC with DIY mode).

The S1 Pro+ features four riding modes (Hyper, Sports, Normal and Eco) and also offers enhanced safety with category-first dual ABS and disk brakes in the front and rear. It also gets enhanced ergonomics and comfort, a two-tone seat with supportive foam, body-coloured mirrors, a die-cast aluminium grab handle, rim decals and an expanded colour palette comprising Passion Red, Porcelain White, Industrial Silver, Jet Black, Stellar Blue and Midnight Blue.

“The excitement for S1 Pro+ has been phenomenal. Deliveries are now in full swing, and customers are proudly riding India’s first scooters powered by our own 4680 Bharat Cell. This is a big moment, not just for Ola, but for India’s journey towards becoming a global EV hub. With the national rollout starting soon, we are now ready to take this breakthrough product and technology to every corner of the country,” an Ola Electric spokesperson said.

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CATL and Stellantis broke ground on a EUR 4.1 billion battery plant in Figueruelas, Spain, on 26 November. The 50:50 joint venture will produce lithium-iron-phosphate battery cells and targets an annual production capacity of 50 GW/h.

The project, which is Spain’s largest battery factory, is backed by over EUR 300 million in EU funds, with production expected to start in late 2026.

According to unions, around 2,000 Chinese workers will help construct the site, a point of contention with local authorities and residents. Also, 3,000 Spanish staff are to be hired and trained later.

Spanish authorities and residents have voiced concerns about job opportunities for local workers and potential strain from the influx of foreign employees. CATL Vice President Meng Xiangfeng said earlier in November the company needed experienced technicians to build and fine-tune production lines, with plans to train local workers to take over operations gradually.

David Romeral, Director General of CAAR Aragon, a network of automotive businesses in the region, said: “We don’t know this technology, these components – we’ve never made them before. They’re years ahead of us. All we can do is watch and learn.”

The regional government is organising work permits for arriving workers while seeking to attract battery supply chain companies to Aragon. Some Chinese technicians and managers have already arrived, with several hundred more expected by year-end and nearly 2,000 by the end of next year.

CATL’s approach contrasts with its Hungarian site in Debrecen, where it hired mostly locals to build its European plant. However, a lack of local workers caused production to be delayed from late 2025 into mid-2026. The Figueruelas facility will serve as CATL’s third European manufacturing operation, alongside the Hungarian plant and one in Germany.

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Neuron Energy, an EV battery manufacturer, has raised INR 310 million in a Pre-Series B funding round led by Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office and Chona Family Office, with participation from Family Offices and HNI investors. With this, Neuron Energy has raised INR 810 million to date.

The funding will be used to expand Neuron Energy’s manufacturing capacity to 3 GWh and to establish a fully automated, large-scale battery facility for electric four-wheelers and buses at Chakan, Pune. The capital will also strengthen the company’s R&D capabilities, accelerate domestic growth, and broaden its footprint in international markets.

Pratik Kamdar, CEO and Co-Founder, Neuron Energy, said, “This Pre-Series B round is a defining step in our mission to industrialise world-class battery manufacturing in India. As EV adoption accelerates, we are focused on building capacity, embedding automation, and pushing the boundaries of performance and reliability. This investment ensures we can deliver at scale, both in India and globally.”

The company said it operates with a low-CapEx and low-OpEx business model. It has been growing profitably year-on-year and is on track to achieve INR 2 billion in revenue this year. The company is also confident of achieving sales of over INR 9 billion, with profitability, over the next few years.

Rajesh Sehgal of Equanimity Ventures, added, "We see immense potential in Neuron Energy’s approach to EV battery innovation and scalability. Their focus on quality, automation, and energy efficiency aligns with the evolving demands of the EV industry in India and beyond. We are proud to support their next phase of growth as they scale into new vehicle categories and manufacturing capacities."

The new facility reinforces the company’s position in two-wheeler EV batteries and signals a strategic entry into heavier vehicle segments. This supports Neuron’s vision to become a comprehensive EV battery solutions provider.

Rajiv Dadlani, from the Family Office of the Rajiv Dadlani Group, said, "Neuron Energy demonstrates remarkable potential to become the market leader, with their renewed focus, in delivering top-quality products. The company and its founders are highly committed to delivering rigorously tested and safe-to-use Li-Ion smart batteries. We are confident that they will continue to thrive and set new standards in the industry."

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