Hyundai plans a hybrid ute-based 4WD SUV by 2026 to challenge Ford, Toyota, and Mitsubishi in Australia.

Hyundai may launch a ute-based 4WD SUV before Kia, according to CEO Jose Muñoz, who cited strong demand in Australia for a petrol-electric hybrid vehicle to compete with the Ford Everest, Toyota Prado, and a new Mitsubishi Pajero rival. The upcoming model, expected to combine off-road capability with hybrid efficiency, is in advanced planning stages, signaling Hyundai’s push to enter a key segment dominated by established brands. While details on design, powertrain, and timing remain unconfirmed, the vehicle could debut as early as 2026, potentially giving Hyundai a first-mover advantage in the rugged, utility-focused SUV market.