One of these three models will be the Honda Elevate-based BEV. For reference, the SUV segment has a share of more than 50% in India's PV market, while the sedan segment accounts for less than 10%.

The Honda Elevate will be produced at the Tapukara plant in Rajasthan, India as one of the 5 new SUVs that will be launched in the local market by 2030.

The Honda Elevate will belong to the urban SUV segment, as the only high-riding offering in the automaker’s current lineup in India. However, it won’t be limited to the local market, as the ...