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Hyundai Addressed EV Resale Concerns with Creta Electric Buyback Plan

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Hyundai has introduced an assured buyback programme for Creta Electric, offering 60% assured buyback value for up to 3 years/45,000km. With this, the Korean carmaker aims to address uncertainty around resale value, which is a key hesitation for EV buyers. This scheme will also make it easier to upgrade to a new vehicle and give buyers greater confidence in switching to an electric vehicle (EV).

Currently, Hyundai retails the Creta Electric SUV from Rs 18.03 lakh to Rs 24.70 lakh (ex-showroom). However, buyers who do not want to spend this much can also opt for the battery-as-a-service (BaaS) scheme, under which the Creta Electric starts from Rs 10.99 lakh + Rs 3.9 per km usage fee for the 42 kWh battery pack.

Related: Maruti eVitara vs Hyundai Creta Electric: Which SUV Makes More Sense?

Hyundai Creta Electric buyback programme

Hyundai Creta Electric – An Overview

As is clear from its name, the Creta Electric is a battery-powered version of the standard Creta, which comes with two battery pack options: 42 kWh and 51.4 kWh, both paired with a front-axle-mounted motor. Here’s a look at their specifications: –

Battery Pack42 kWh51.4 kWh
DrivetrainFront-wheel-driveFront-wheel-drive
No. of Electric Motor11
Max Power135PS171PS
Peak Torque200Nm200Nm
Claimed Range (Updated)420km510km

In terms of design, the Creta Electric looks almost identical to its ICE-powered version, albeit with a few distinctive elements like a blanked-off grille, redesigned bumpers with a silver skid plate, and 17-inch alloy wheels with aerodynamic covers.

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When it comes to features, the EV is well-loaded for your comfort, safety and convenience, with key highlights including: –

  • Automatic LED headlamps
  • Rain-sensing wipers
  • Leather upholstery
  • Panoramic sunroof
  • 10.25-inch digital instrument cluster
  • 10.25-inch touchscreen infotainment system
  • Wireless Apple CarPlay and Android Auto
  • 8-speaker BOSE sound system
  • Connected car technology with remote control functionality
  • 8-way powered and ventilated front seats
  • Memory function for the driver’s seat
  • Dual-zone climate control
  • Rear AC vents
  • Wireless smartphone charger
  • Rear retractable tray
  • Paddle shifters for regen braking
  • Multiple driving modes
  • Electronic parking brake with auto-hold
  • 6 airbags
  • Front and rear parking sensors
  • 360-degree camera with blind-spot monitoring
  • Electronic stability control (ESC)
  • Tyre pressure monitoring system (TPMS)
  • Hill hold assist (HHA)
  • All-wheel disc brakes
  • Level 2 ADAS (Advanced Driver Assistance Systems)

Hyundai Creta Electric Rivals

In the mid-size SUV segment, the Hyundai Creta Electric locks horns with models like the Maruti e Vitara (Rs 15.99 lakh-19.99 lakh), Toyota Ebella (Rs 23.60 lakh), Tata Sierra EV (Rs 18.79 lakh-26.48 lakh), Vinfast VF6 (Rs 18.19 lakh-20.09 lakh), Mahindra BE 6 (Rs 18.90 lakh-26.90 lakh), and MG ZS EV (Rs 17.99 lakh-20.75 lakh).

Related: Tata Sierra EV vs Vinfast VF7: Which SUV Should You Buy?

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