Hyundai has confirmed it will launch the first model of its new fully electric sub-brand, Ioniq, in the early part of next year including Nepal and other various markets. Each model will use a numerical naming strategy, odd numbers will be used for SUVs and even numbers for sedans and other models. The 2021 Ioniq 5 will be a compact crossover based on the radical Hyundai 45 Concept. The company also says that all models of the Ioniq brand will offer enhanced connectivity features to integrate in-car and out of the car for a smooth ride. The Hyundai Ioniq will not form part of the new model range though.
The new details of the car confirmed by Hyundai include three "extras" with which it will launch. The first is vehicle-on-charge technology (V2L) - two-way charging that allows owners to use car batteries to store energy and then discharge it back into the national grid. The second is the fast charging capability, although the Korean company has yet to specify the exact charging speeds the car is capable of. However, the final production designs of all three remain under wraps. Hyundai has previously stated that it had plans for each to have a distinctive and different design, but they will all feature pixel headlights though.
Every upcoming electric vehicle will sit atop the brand's all-new global electric platform (E-GMP), which is said to be capable of fast and long-range charging. It is also said that each model will have a spacious interior. The upcoming EV will have a long wheelbase and a flat floor which makes the interior part of the car more spacious labeled as smart living rooms. By 2025, Hyundai intends to launch 16 new electric vehicles to increase its annual electric vehicle sales to more than half a million. Overall, the Hyundai Motor Group aims to achieve a global auto market share of 5 percent.
Hyundai entered the EV space in Nepal with Kona Electric. Hyundai is yet to make its official announcement about its intentions of bringing the Ioniq sub-brand to Nepal, however a Hyundai mass-market EV for our market is under development and is expected to be launched in the next years. For more information about auto news in Nepal, please stay tuned with us. Early 2021 is the date for the unveiling of the model, which is expected to hit showrooms by the middle of the year 2021.