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Hyundai launches new EV range to lead global market

SEOUL, August 10, 2020

South Korean automaker Hyundai Motor has launched its new Ioniq brand of battery electric vehicles (EVs) aiming to become the world's third-largest automaker of eco-friendly vehicles by 2025.

The group aims to sell 1 million units and take 10 percent share to become a leader in the global EV field under its Strategy 2025.

Under the Ioniq brand, Hyundai Motor will leverage its industry-leading manufacturing know-how in EVs to introduce three new dedicated models over the next four years with more innovative models to follow.

To fulfil Ioniq’s brand mission, Hyundai will combine its current EV capabilities – such as ultra-fast charging, spacious interior, and battery-supplied power – with future innovations that combine design, technologies and services to integrate in-car and out-of-car experiences for a seamless journey.  

“The Ioniq brand will change the paradigm of EV customer experience,” said Wonhong Cho, Executive Vice President and Global Chief Marketing Officer at Hyundai Motor Company. “With a new emphasis on connected living, we will offer electrified experiences integral to an eco-friendly lifestyle.”

Hyundai will be launching a range of numerically named EVs under the new brand, with the even numbers used for sedans and the odd numbers for SUVs.

The first model under the Ioniq brand will be the Ioniq 5 midsize CUV that will launch in early 2021. Ioniq 5 is based on the concept EV ‘45’, which Hyundai unveiled at the International Motor Show (IAA) 2019 in Frankfurt as homage to its very first concept car. Ioniq 5’s designers took inspiration from the past and integrated it with cutting-edge parametric pixels, a unique design element that Hyundai designers will continue to incorporate into future Ioniq models.

In 2022, Hyundai will introduce Ioniq 6 sedan, which is based on the company’s latest concept EV ‘Prophecy’, unveiled in March; followed by Ioniq 7, a large SUV in early 2024. Prophecy’s iconic exterior design is characterized by its aerodynamic silhouette of perfect proportions.

Ioniq brand models will sit on an Electric Global Modular Platform, known as E-GMP that will enable fast charging capability and plentiful driving range.

The launch of the Ioniq brand dedicated to EV models reinforces the company’s commitment to clean mobility and reflects its ongoing transformation as a Smart Mobility Solution Provider with zero-emissions solutions. – TradeArabia News Service

 




Tags: Hyundai | Electric vehicle | EV | Ioniq |

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