Home Latest News Hyundai says it’s on the Ioniq EV

Hyundai says it’s on the Ioniq EV


“When I was attending the global demonstration of the Ioniq 5, I was completely blown away. This is a once in a lifetime opportunity,” said Jose Munoz, CEO of Hyundai Motor North America. Automotive news In the middle of May.

Although Hyundai sells EV versions of its Ioniq hatchback and Kona crossover based on older vehicles, the dedicated e-GMP electric platform from Hyundai Motor Group marks a watershed, Munoz said.

Hyundai is launching an EV subbrand also called Ioniq and there are three models on the way that use the E-GMP architecture: Ioniq 5 this year, Ioniq 6 sedan in 2022 and Ioniq 7 three-row crossover in 2024. Those first three vehicles represent dedicated EV options for the brand’s Tucson compact crossover, Sonata midsize sedan and Palisade midsize crossover. In the near future, Hyundai will have an extensive EV lineup.

“The Ioniq 5 is the first Ioniq vehicle as a subbrand of Hyundai,” Munoz said. “But we not only have Ioniqs – 5 and 6 and 7 – but we are also offering 12 battery-EV models [globally]. “

company plans cut its lineup Half of gasoline-powered vehicles reported, Reuters reported last week, citing two people familiar with the matter.

Munoz said Hyundai plans to build EVs in the US next year and has room to expand at its Montgomery, Ala., Factory. But he did not give much information about Hyundai Motor Group’s recently announced US investment plans. The group, which includes Hyundai, Kia and Genesis, is developing 25 EVs by 2025.

“We have announced that we will begin production of electric vehicles in the US in 2022,” Munoz said. “We’ll use the existing plants to move fast. And then we’ll see, because $7.4 billion” [investment] until 2025.”

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