News > How Hyundai plans to challenge Tesla with Ioniq
How Hyundai plans to challenge Tesla with Ioniq
News India | 10/08/2020 09:00 PM | Click to read full article
Hyundai Motors is betting big on the Ioniq family of electric vehicles in an attempt to become the third-largest EV manufacturer by 2025. The Korean carmakers on Monday launched a dedicated EV brand under the name ‘Ioniq’, which will offer customer-centric EV experiences centered on connected lifestyle solutions.
Hyundai will introduce three innovative models over the next four years, with Ioniq 5, a midsize EV CUV based on the concept ‘45’.