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.

Digital lending platform Revfin has strengthened its management with the appointment of three senior executives as part of its FY2026 strategy, targeting INR 7.5 billion in disbursements and 5x growth over the past two years. The company also expects to cross INR 20 billion in cumulative disbursements since inception.

The new appointments include Abhinandan Narayan, Chief Business Officer – New Business, Monish Vohra, COO – Operations & Collections and Anirudh Gupta, Chief Finance & Strategy Officer. The appointments the company shared aligns with its focus on ‘People, Process, Profitability.’

Furthermore, Revfin has outlined its ambition to finance 24,000 EVs in FY2026. Till date, it claims to have financed over 85,000 EVs across 25 states, with 75 percent of borrowers from marginalised communities. Cumulatively, its driver partners have covered 1.6 billion electric miles and earned over USD 400 million.

In FY2025, the company grew its L5 EV loan book by 1,700 percent, supported by a partnership with Bajaj Auto and expanded collaborations with logistics firms. The L5 segment remains a key focus as a replacement for ICE vehicles in urban transport.

Sameer Aggarwal, Founder & CEO, Revfin, said, “The last financial year was a volatile one for the EV industry, but the excitement and energy within the sector remain undiminished. At Revfin, we are deeply convinced that intracity and small commercial vehicles must – and will – transition 100 percent to electric within the next three years. The opportunity is here and now. It’s time to set bold targets and pursue hypergrowth over the next two years. At this critical juncture, the right leadership becomes essential to realizing our ambitions. With the strong momentum we’ve already built, we’re confident the journey ahead will be even more rewarding. We’ve entered 2025 with a sharp focus on what truly matters: People, Processes, and Profitability. These latest leadership hires are a natural extension of that focus and our commitment to scale with purpose.”

Ahmedabad-based clean energy company Matter has launched its flagship electric motorcycle – the Aera, in Bengaluru at an introductory price of IRN 179,000 for the first 500 customers, post which it will be available at INR 188,000. The company has started taking pre-registrations for the e-motorcycle at INR 1,999.

Furthermore, the company has also announced that its first Experience Hub will come up at BTM Layout, which will showcase its tech prowess and philosophy firsthand.

The Matter Aera is claimed to be the world's first electric motorcycle with manual gears – 4-speed transmission, 3 ride modes that delivers 12 unique ride combinations. It features a 7-inch Smart Touchscreen Dashboard, onboard charger and liquid cooled powertrain. The e-motorcycle has a claimed IDC range of up to 172km, a zero to 40 kmph in 2.8 seconds, dual disc brakes with ABS, telescopic front fork and dual rear suspension.

Mohal Lalbhai, Founder & Group CEO, Matter Energy, said, “There’s no better city to lead this journey than Bengaluru—where innovation isn’t just an idea, it’s a way of life. Every lane, every rider here resonates with purpose and progress. The Aera isn’t just a bike – it’s the 22nd Century motorbike. It delivers the thrill of a rocket and the practicality your pocket loves. With our in-house developed Hypershift manual gearbox, liquid-cooled powertrain, and connected tech, AERA brings together performance, emotion, and sustainability like never before.”

The Kia EV3 has won the prestigious ‘2025 World Car of the Year’ award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

A jury of 96 distinguished worldwide automotive journalists from 30 nations assessed the 2025 World Car Awards. With the EV3's triumph, Kia has now won six World Car Awards since 2020. The EV3 has a dramatic, forward-thinking design and a creative, useful interior that makes the most of available space, comfort and utility. The EV3 can charge from 10 to 80 percent in 31 minutes and has a segment-leading range of up to 375 miles (around 603 kilometres). While Kia's AI Assistant, advanced driving assistance systems (ADAS) and Over-the-Air (OTA) upgrades improve the ownership experience with cutting-edge technology, the vehicle's creative interior design maximizes room, comfort and accessibility.

Ho Sung Song, President and CEO, Kia, said, “It is an immense honour for everyone at Kia that the EV3 has been awarded the 2025 World Car of the Year title. This award highlights Kia’s global leadership in providing design-led, technologically advanced, sustainable mobility solutions and how the EV3’s class-leading attributes redefine the user experience for customers worldwide.”

The Hyundai INSTER sub-compact EV has won the prestigious 2025 World Electric Vehicle award at the globally renowned 2025 World Car Awards ceremony, held during the New York International Auto Show (NYIAS).

With this recognition, Hyundai Motor Company has dominated one or more World Car Awards categories for the fourth year in a row. Hyundai Motor's commitment to developing EV technology and sustainability is highlighted by the 2025 World Electric Vehicle award, which also acknowledges INSTER's exceptional value in the EV market. The finalists were chosen by a sealed-ballot jury consisting of 96 international automotive journalists from 30 different countries. On 16 April 2025, the winners were revealed at the 2025 NYIAS. With its unique design, remarkable driving range and state-of-the-art technology, INSTER is the market leader in the sub-compact EV sector. A 10- to 80-percent charge can be made in around 30 minutes thanks to INSTER's quick charging technology, and the 49-kWh long-range variant has a range of up to 370 kilometres.

José Muñoz, President and CEO, Hyundai Motor Company, said, “The Hyundai INSTER has been a winner with customers since we introduced it. It’s very gratifying that the experts on the prestigious World Car Awards jurors feel the same way. The combination of compelling design, range, enjoyable driving characteristics, intuitive infotainment and technology that customers appreciate is emblematic of Hyundai’s approach of delivering exceptional value to our customers. The fact that our global portfolio is successful both commercially and critically speaks to the hard-working people throughout the Hyundai value chain who are delivering some of the best vehicles on the road today. Thank you to all the jurors for your service to this great industry.”