Hyundai’s subsequent electrical automobile for the US would be the Ioniq 9, a beefy, three-row SUV that will probably be manufactured on the firm’s manufacturing facility in Georgia, Hyundai executives introduced throughout an investor day convention this week.
It’s an indication that whereas different automakers proceed to second-guess their EV investments amid slowing demand, the South Korean automaker is intent on rising its share of the plug-in market by introducing new automobiles in common segments.
The Ioniq 9 will probably be constructed on the similar Ellabel, GA-based Metaplant the place the corporate quickly will begin producing the Ioniq 5. (Assembling EVs within the US, versus South Korea, will assist qualify for the federal EV tax credit score of $7,500.)
Hyundai is intent on rising its share of the plug-in market
Through the convention, Hyundai Motor President and CEO Jae Hoon Chang mentioned a manufacturing model of the Ioniq 9 will probably be proven off on the Los Angeles Auto Present later this yr, based on InsideEVs.
Hyundai additionally mentioned it could improve its share of hybrids in its lineup, in an acknowledgement that US customers nowadays are extra inclined to purchase them over a full EV. Hyundai says the North American market specifically is dealing with a scarcity of hybrids, which it goals to right.
The Idea Seven was marketed as able to charging from 10 % to 80 % in about 20 minutes, with a spread of “over 300 miles.” However in the course of the investor day occasion, Hyundai executives would discover creating Prolonged Vary Electrical Autos, or EREVs, to supply much more vary than that. Some EREVs, just like the BMW i3 and Chevy Volt, use small fuel engines to recharge the battery pack, however not function the motors.
Hyundai executives theorized having the ability to produce EREVs with a spread of over 900 km, or 560 miles, when totally charged, based on insideEVs.
The Seven was one of many greatest ideas we’ve seen from the South Korean automaker, with a wheelbase that stretches 10.5 toes, which is longer than the Cadillac Escalade. The additional-tall grille additionally places this idea firmly within the “dangerously massive” camp of automobiles that features the Escalade and different outsized SUVs and vehicles.