Hyundai Motor determines the exclusive brand of electric vehicle
The times said Hyundai Motor Co., Ltd. has identified its exclusive brand of electric vehicles as IONIQ and will launch three models from next year to 2024. Hyundai plans to sell 560000 electric vehicles by 2025. The first electric vehicle of IONIQ series to be launched by Hyundai is a compact crossover multi-functional vehicle (CUV) based on the "45" concept car design, which is also the first vehicle to be launched using the special platform e-gmp for electric vehicles.
Hyundai has also identified the official name and brand identity of its auto driving technology company, a joint venture with APTIV. The joint venture was established in March 2020 with the goal of promoting the development and commercialization of the world's highest performance and safest unmanned vehicles.