Hyundai Motor Launches First Electric Sedan, Ioniq 6

0
125
Hyundai Motor Launches Electric Sedan, Ioniq 6

Estimated Reading Time: 1 minutes

Hyundai Motor launched Thursday its first electric sedan, Ioniq 6. The South Korean automaker believes this will allow it to grab more of the electric vehicle market (EV) dominated by Tesla Inc.

Hyundai Motor Group, which includes Hyundai Motor and its sister company Kia Corp 000270.KS, has more than 31 electric models. The premium brand Genesis is also included in the plan.

Hyundai’s sedan will extend its EV range beyond the current crossovers and SUVs.

Hyundai stated that the Ioniq 6 will offer a driving distance of approximately 610 km (380 miles), which is around 30% greater than the Ioniq 5 crossover.

“We are using the same (battery) cell chemistry but we maximised the amount of batteries per each pack, enhancing energy density significantly,” said Kim Yong Wha, an executive vice president at Hyundai.

The battery packs will be available in two options: 53-kilowatts per hour (kWh), and 77.4kWh. Production will start at Hyundai’s Asan plant in South Korea later in the year, Hyundai stated.

ALSO READ  The Global Electric Vehicle Market Is Projected To Reach USD 823.75 Billion By 2030 Registering A CAGR Of 18.2% From 2021 To 2030, Report

After Hyundai had announced plans to build dedicated EV plant in the United States, the launch of the Ioniq 5 was followed by the Kia’s EV6 SUV and the Ioniq 5 becoming the second-best-selling EVs behind Tesla cars.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.