Although the EV passenger car segment is very small now, it will gain traction when more mass-market products are launched.
However, to keep costs low, the EV might not support fast charging or have a 800 V architecture.
The Korean carmaker might have been granted an edge by Maruti since it chose not to offer diesel models.
The 7-seater car gets good design elements and is likely to be kitted to the max with latest tech.
Having created a transmission, Hyundai will now look to use it on its popular models.
Hyundai has trademarked Alcazar name in India, documents mention sport utility vehicle, this name is not in use for any of their models yet.