diff --git a/pkg/chartutil/create.go b/pkg/chartutil/create.go
index ee7e0067b..a625fc74a 100644
--- a/pkg/chartutil/create.go
+++ b/pkg/chartutil/create.go
@@ -369,7 +369,7 @@ metadata:
 `
 
 const defaultHorizontalPodAutoscaler = `{{- if .Values.autoscaling.enabled }}
-apiVersion: autoscaling/v2beta1
+apiVersion: autoscaling/v2
 kind: HorizontalPodAutoscaler
 metadata:
   name: {{ include "<CHARTNAME>.fullname" . }}
@@ -387,13 +387,17 @@ spec:
     - type: Resource
       resource:
         name: cpu
-        targetAverageUtilization: {{ .Values.autoscaling.targetCPUUtilizationPercentage }}
+        target:
+          type: Utilization
+          averageUtilization: {{ .Values.autoscaling.targetCPUUtilizationPercentage }}
     {{- end }}
     {{- if .Values.autoscaling.targetMemoryUtilizationPercentage }}
     - type: Resource
       resource:
         name: memory
-        targetAverageUtilization: {{ .Values.autoscaling.targetMemoryUtilizationPercentage }}
+        target:
+          type: Utilization
+          averageUtilization: {{ .Values.autoscaling.targetMemoryUtilizationPercentage }}
     {{- end }}
 {{- end }}
 `