Inovev forecasts 75,000 units per year of the new Ioniq 5
- The Hyundai-Kia group unveils the first model of its new brand Ioniq which will only offer Battery Electric Vehicles (BEVs). The Ioniq 5 is a compact hatchback sedan but which moves away from the C segment to approach the D segment, as the model is 4.64 m long, the dimensions of a Jaguar I-Pace. These unusual proportions are the first originality of the model. This could be the originality of the brand, which next model (Ioniq 6 sedan) is expected for 2022 and the next (Ioniq 7 SUV) for 2024. This design differs a lot from Hyundai and Kia models, in order to target a new market, outside the current products proposed by the Korean group.
- All Ioniq’smodels will be based on the E-GMP platform (Electric-Global Modular Platform). According to the carmaker, this platform makes possible to limit front and rear overhangs, and to equip the vehicles with a very long wheelbase which benefits cabin space.
- The 218 hpIoniq 5's electric motor and 72.6 kWh batteries capacities provide a maximum range of 460 km under the WLTP cycle (according to the carmaker). The Korean carmaker aims to sell 70,000 units of this model worldwide in 2021 (including 25,000 in Korea) then 100,000 units in 2022 (including 35,000 in Korea).
- The Ioniq 5 is produced at Hyundai's Ulsan plant in Korea, one of the largest plants in the world (production capacity: 1,500,000 vehicles per year). Its price in Korea is between 37,000 and 41,000 euros depending on the version, slightly lower than Volkswagen ID3 prices in Europe. European prices have not yet been announced.
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