The tech giant is reportedly evaluating a hybrid sport-utility vehicle of a size similar to its mid-sized Creta SUV in India, according to a report in Reuters.

The group, housing Hyundai Motor (005380.KS) and Kia Corp. (000270.KS), is targeting to roll out its hybrid SUVs in 2026 or 2027. The media agency further stated that the carmaker’s EV plans for India are also on track.

During a conversation with the news agency, Hyundai Motor Group told Reuters that it is committed to a future of electrified mobility and will optimise product strategies for each market.

The pivot to hybrids comes as Hyundai sees a surge in sales of the technology in India, its third biggest revenue generator after the United States and South Korea. This prompted the carmaker to shift away from its initial strategy, which focused only on battery-driven electric vehicles.