Trade Resources Company News Hyundai to Introduce Compact Vehicle IONIQ in South Korea

Hyundai to Introduce Compact Vehicle IONIQ in South Korea

Hyundai is planning to introduce its advanced alternative-fuel compact vehicle IONIQ in South Korea next month.

The car will be available in electric, plug-in gasoline/electric hybrid, or gasoline/electric hybrid powertrain.

Hyundai claims that it will be the first car in the industry to be offered with three powertrain options in a single body type.

IONIQ has been built using an exclusive new platform by the automaker, which was specifically designed to cater to the car's multi-powertrain options.

Hyundai said that the fully-electric (EV) model is powered by a high capacity, ultra-efficient lithium ion battery.

The plug-in hybrid (PHEV) version has a combination of fuel-efficient engine with battery power obtained by charging the car with electricity.

The hybrid (HEV) uses the gasoline engine and motion of the car in order to charge the on-board battery, which helps in supplementing the engine's power.

Hyundai Motor R&D Center head Woong-Chul Yang said: "Hyundai Motor has a heritage of building innovative, fuel-efficient vehicles, so we are proud to advance our eco-friendly car line-up with the introduction of IONIQ.

"IONIQ embodies Hyundai Motor's vision to shift the automotive paradigm and future mobility; IONIQ is the fruit of our efforts to become the leader in the global green car market."

The automaker also released a teaser image of the car which has similarities to the Toyota Prius.

Source: http://greenpowertrain.automotive-business-review.com/news/hyundai-to-introduce-compact-vehicle-ioniq-in-south-korea-081215-4747054
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