Hyundai Announces Plans for Three EVs under New Ioniq Brand
Hyundai is breaking out its Ioniq name into a sub-brand for electric vehicles.
The automaker plans to introduce three Ioniq electric vehicles in the coming years, including the Ioniq 5 in early 2021, the Ioniq 6 in 2022, and the Ioniq 7 in early 2024.
These forthcoming electric vehicles will play a part in the Hyundai Motor Group—which includes Kia—reaching their goal of selling one million electric vehicles by 2025.
Hyundai’s Ioniq name will no longer apply to just one vehicle, the company announced today, as it will be expanded into a sub-brand for forthcoming fully electric vehicles. The Korean automaker said that they have plans to introduce three EVs under the Ioniq name in the next four years, including a compact hatchback based on the Hyundai 45 concept, a sedan based on the Hyundai Prophecy concept, and an SUV.
The compact hatchback, to be known as the Ioniq 5, will be released in early 2021, while the sedan, the Ioniq 6, will be released in 2022, and the SUV, the Ioniq 7, will be released in early 2024. While details beyond release dates are scant, the concepts the automaker says the vehicles will be based on are more futuristic looking than the powertrains that will go in them.
The Hyundai 45 had stark and striking sharp lines throughout the exterior which lacked door handles and a traditional front grille. As we noted when it came out, the interior is simplistic and seems to be inspired by Scandinavian design with seats that are constructed out of light wood. The Prophecy, on the other hand, looked somewhat like a cross between a Tesla Model S and a Porsche 911 with rounded lines and a bubbly cabin. Hyundai didn’t release any interior shots of that concept.
The Ioniq brand vehicles, the automaker said, will ride on a Electric Global Modular Platform, or E-GMP—all of which to suggest that this modular platform will be expanded across various vehicle sizes and shapes. This is similar to Volkswagen’s plans.
The plans for future electric vehicles lend themselves to the Hyundai Motor Group's—which includes Kia—goal to sell one million electric vehicles by 2025 and take a 10 percent share of EV sales by that time.
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