Hyundai spins Ioniq into separate brand, announces 3 new electric cars

Hyundai's Ioniq sub-brand of electric vehicles is getting a life of its own.

On Sunday, the company announced it's spinning Ioniq as a new brand that's dedicated to battery-powered electric vehicles.

Over the next four years, Ioniq will launch three EV models, starting with Ioniq 5, a midsize CUV (compact SUV), in 2021. The Ioniq 5 will be based on the EV 45 concept, unveiled by Hyundai in Frankfurt last year.

Hyundai spins Ioniq into separate brand, announces 3 new electric cars

Image: hyundai

The company didn't unveil too many details about the car, except that it (like all upcoming models) will be based on Hyundai's E-GMP (Electric Global Modular Platform), which should enable "fast charging capacity and plentiful driving range." In general, the new brand will place a big emphasis on "integrating in-car and out-of-car experiences for a seamless journey." Read more...

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