Hyundai Expects New Family Ioniq Cars to Boost World’s EV Sales

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Hyundai Motor Co, a Korean Motor Company is currently creating a family of EVs that it intends to sell to the Ioniq enterprise as part of their push to become the globe’s 3rd largest selling of electric vehicles by the year 2025.

Hyundai stated that the Ioniq elevation from a single-vehicle nameplate to the brand would significantly assist supports its ultimate goal to capture about 10% of the world’s EV sales in the next 5 years.

With the EVs still working to gain traction in many major markets, the company’s main competition will most likely consider including traditional automakers General Motors and Volkswagen AG.

On the other hand, California based Tesla Co. that only makes EVs; aim to maintain their current position as the world’s #1 electric vehicle leader as Elon Musk, the company CEO said as President Trump’s Demand for US To Get A Piece of Microsoft TikTok Deal Might Result in Legal Action.

Ioniq has launched 4 years ago as the vehicle nameplate for Hyundai. This complex hatchback was provided with the option of 3 powertrains: pure battery-electric, plugin in hybrid, and the conventional gas-electric hybrid.

Starting early 2021, Hyundai retaliated their plans to further introduce more electric vehicle models under the new Ioniq brand. This includes Ioniq 6 sedan, based on Hyundai Prophecy and Ioniq 5, the midsize crossover based on Hyundai 45 2019 model, and Ioniq 7, the largest crossover.

The three fresh Ioniq concepts would be created on the dedicated electric vehicle platform internally known as the E-GMP (Electric Global Modular Platform) that will allow for quick charging capability and enough driving range.

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