In 2025, Hyundai Motor is expected to achieve its goal of selling 1 million electric vehicles and increasing its global market share to more than 10%. Editor’s note: This article is from ”
future car Daily “(micro-channel public number ID: auto-time), Author: Su Peng.

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Author | Su Peng

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On August 10, Hyundai Motor officially upgraded IONIQ from a single model to an independent pure electric vehicle brand.

According to the official information of Hyundai Motor, the IONIQ brand plans to build a lineup of three special electric vehicles including medium-sized CUV, medium-sized sedan and large-sized SUV by 2024. The brand name “IONIQ” and the “number” representing the vehicle level will be combined together as the naming method for its models, which is intuitive and easy to remember.

The first model of the new IONIQ brand, IONIQ 5, will be launched in early 2021. The IONIQ 6 positioned as a pure electric car will be released in 2022, and the large SUV IONIQ 7 will be launched in early 2024.

The chairman of Hyundai Motors Zheng Yixuan once revealed that the brand will use the exclusive E-GMP platform for electric vehicles, which can be charged in 20 minutes and has a cruising range of 450 kilometers. In addition, all models of the IONIQ brand will provide enhanced intelligent networking functions.

“The IONIQ brand will completely change the way electric vehicle users experience,” said Wonhong Cho, Executive Vice President and Global Chief Marketing Officer of Hyundai Motor. “As the focus of people’s lives in the Internet age shifts, we will bring a new electrification Experience is also indispensable in a green lifestyle.”

In the future, Hyundai Motor will have four brands, Hyundai, Kia, Genesis and IONIQ.

It is worth mentioning that on July 14, the Korean government issued a new national development strategy “Korean New Deal”. The policy stated that by 2025, 25 smart green cities will be built and 1.13 million electric vehicles and electric vehicles will be promoted. 200,000 hydrogen fuel cell vehicles, 1.16 million diesel vehicles were scrapped in advance, and expandedUtilization of renewable energy such as solar and wind energy.

In response to the call of the South Korean government, Zheng Yixuan proposed the goal of achieving sales of 1 million electric vehicles by 2025, increasing the global market share to more than 10%, and becoming a global leader in the field of electric vehicles. “Future environmentally friendly vehicles are vital to the survival of Hyundai Motor Group and are also vital to the country. The company has decided to accomplish its goals.” Zheng Yixuan stressed.

The release of Hyundai Motor’s exclusive electric car brand IONIQ is undoubtedly the most important puzzle in this grand electric car plan. As of press time, affected by this news, Hyundai Motor’s share price rose 15.31%.

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