Toronto, Ontario — Hyundai is officially turning IONIQ into a standalone brand dedicated to future electric vehicles. IONIQ became the world’s first automobile to offer a choice of three electrified powertrain options: hybrid, plug-in hybrid and battery electric all within a single body.
To celebrate this the London Eye was turned into a giant letter “Q” using electric lights. Hyundai also just announced that three new IONIQ models will debut over the next four years. They will be named with even numbers for sedans and odd numbers for SUVs.
The IONIQ 5 midsize crossover will be released early 2021, the IONIQ 6 sedan will be released in 2022 and the IONIQ 7 a large SUV will be released early 2024.
All IONIQ vehicles will be built on an Electric Global Modular Platform or E-GMP. The IONIQ brand will help Hyundai reach its emissions and clean mobility goals. Hyundai says they expect to sell one million electric vehicles and grab 10 percent of the market share by 2025
