Hyundai is an independent South Korean automotive manufacturer that leverages its expertise and economies of scale from producing conventional vehicles. This allows it to become a prominent Hyundai electric vehicle manufacturer. Moreover, the EV maker has its global headquarters in Seoul, South Korea, and sells its electric vehicles in major markets worldwide.
| Hyundai | |
| Founded: | 1967 |
| CEO: | Chung Eui-sun |
| Employees: | 292,575 |
| Headquarters: | Seoul, South Korea |
| Manufacturing: | South Korea, USA, Czech, India, China, Indonesia, Turkey |
| IPO: | 1974 |
| Models: | IONIQ 5 IONIQ 6 KONA Electric |
| Federal Tax Credit Eligibility: | No |
Hyundai Vision Statement
Hyundai Motor Company strives for freedom of movement for all. This is to be achieved by investing in mobility services, by building close relationships with leading mobility service providers and extending its role beyond the automotive transportation sector. The company will play a pivotal role in global society’s transition to clean energy by helping make hydrogen an economically viable energy source.
Hyundai Vision
History of Hyundai
Chung Ju-yung founded Hyundai Motor Company in South Korea back in 1967. For many years, the company solely focused on manufacturing gasoline and diesel-powered vehicles. However, in the late 2000s, Hyundai recognized the growing demand for eco-friendlier vehicles and started investing in electric vehicle technology.
Hyundia’s Segue Into Electric Vehicles
In 2009, Hyundai unveiled its first production electric vehicle, the BlueOn, a compact car that ran entirely on electricity. Consequently, it marked Hyundai’s entry into the EV market, despite being produced in limited numbers and not widely available. Two years later, Hyundai launched the Sonata Hybrid, its first mass-produced hybrid electric vehicle. Subsequently, in 2016, Hyundai introduced the IONIQ, offering it as a hybrid, plug-in hybrid, and all-electric model. Notably, Hyundai’s first widely available BEV was the KONA Electric, introduced in 2018. The KONA Electric was remarkable for its impressive range of up to 258 miles on a single charge, making it one of the longest-range EVs in its class at the time.
Furthermore, the first model under the IONIQ brand was the IONIQ 5, a mid-size crossover SUV BEV that debuted in 2021. The IONIQ 5 features an ultra-fast charging capability and a range of up to 300 miles, thereby making it a competitive offering in the growing EV market. Looking ahead, in 2023, Hyundai released the IONIQ 6, a sleek and aerodynamic electric sedan designed to offer an impressive range and high-performance capabilities.
Moreover, Hyundai has also been investing heavily in battery technology and has formed partnerships with companies like SK Innovation and LG Energy Solution to secure a stable supply of batteries for its growing EV lineup. Overall, Hyundai has made substantial progress in the EV market, introducing a range of vehicles that offer impressive performance, range, and charging capabilities, and investing in battery technology to support its future growth.
What Does Hyundai Mean?
Interestingly, the word ‘Hyundai’ is a combination of two Korean words – ‘Hyun’ and ‘Dai’. ‘Hyun’ means modern or present, while ‘Dai’ refers to era or generation. Thus, the name ‘Hyundai’ translates to ‘modern times’, reflecting the brand’s focus on innovation and keeping up with the times.
Current Hyundai Electric Vehicles
IONIQ 5
The Hyundai IONIQ 5 is Hyundai’s first dedicated battery electric vehicle (BEV). Launched in 2021 under the new IONIQ electric mobility sub-brand, it’s a mid-size crossover SUV built on Hyundai’s E-GMP platform.
Moreover, the IONIQ 5’s bold exterior draws inspiration from “Parametric Pixel” design language, featuring clean lines, a clamshell hood, and pixel-inspired lighting elements. The minimalist interior is spacious with a flat floor and sliding console.
In addition, two battery options are available – 58 kWh Standard Range or 77.4 kWh Long Range, and the Long Range AWD tops out at 320 hp and 303 miles of EPA range. It supports ultra-fast 800V charging from 10-80% in just 18 minutes.
Furthermore, advanced tech features include a 12-inch touchscreen, digital instrument cluster, and driver aids. The innovative Vehicle-to-Load (V2L) function allows powering external devices from the battery.
Overall, the IONIQ 5 is a highly desirable electric car, and pricing starts around $41,800 in the U.S. market.
Rear-Wheel Drive Hyundai IONIQ 5 Pricing
| SE Standard Range RWD | SE RWD | SEL RWD | Limited RWD | |
| Price | $41,800 | $45,850 | $47,400 | $53,500 |
| Range (Miles) | 220 | 303 | 303 | 303 |
| Power | 168 hp | 225 hp | 225 hp | 225 hp |
All-Wheel Drive Hyundai IONIQ 5 Pricing
| SE AWD | SEL AWD | Limited AWD | Platinum Edition AWD | |
| Price | $49,350 | $50,900 | $57,400 | $59,400 |
| Range (Miles) | 260 | 260 | 260 | 260 |
| Power | 320 hp | 320 hp | 320 hp | 320 hp |
IONIQ 6
The IONIQ 6 is a remarkable electric sedan, which is the latest addition to Hyundai’s IONIQ BEV lineup. Following the successful IONIQ 5 SUV, it rides on the E-GMP platform, which enhances its performance and efficiency. Moreover, the IONIQ 6 features a sleek, aerodynamic design with a coupe-like silhouette, making it a head-turner on the road.
One of the most striking aspects of the IONIQ 6 is its low-slung streamlined body for efficiency. Additionally, the modern cabin prioritizes space and sustainable eco-friendly materials, providing a comfortable and eco-conscious driving experience. Furthermore, the IONIQ 6 carries over the IONIQ 5’s minimalist interior design philosophy, which is visible in its simple yet elegant cabin.
Furthermore, the IONIQ 6 offers two battery options – 53 kWh Standard Range and 77.4 kWh Long Range – providing a driving range of up to 340 miles on a single charge. Power comes from a single or dual motor setup up to 320 hp, ensuring a smooth and powerful ride.
In addition to this, the IONIQ 6 features advanced technology such as ultra-fast 800V charging, which allows for 10-80% charge in just 18 minutes. Moreover, the car also comes equipped with a 12-inch touchscreen, digital cluster, and driver aids like Highway Assist. Additionally, the innovative V2L function powers external devices from the battery, making it a multi-functional vehicle.
Finally, the IONIQ 6 is priced reasonably, with U.S. pricing starting around $42,450. Overall, the IONIQ 6 is a great choice for eco-conscious drivers looking for a stylish and practical electric sedan.
Rear-Wheel Drive Hyundai IONIQ 6 Pricing
| SE Standard Range RWD | SE RWD | SEL RWD | Limited RWD | |
| Price | $37,500 | $42,450 | $45,250 | $50,150 |
| Range (Miles) | 240 | 361 | 305 | 305 |
| Power | 149 hp | 225 hp | 225 hp | 225 hp |
All-Wheel Drive Hyundai IONIQ 6 Pricing
| SE AWD | SEL AWD | Limited AWD | |
| Price | $45,950 | $48,750 | $53,650 |
| Range (Miles) | 316 | 270 | 270 |
| Power | 320 hp | 320 hp | 320 hp |
KONA Electric
The Kona Electric is an impressive SUV that highlights Hyundai’s commitment to electric vehicles. Launched in 2018, it has already become an essential part of Hyundai’s electrification strategy. Sharing the Kona SUV’s design, the Electric model stands out with its unique styling cues. For instance, it has a closed-off grille and EV-specific elements that give it a modern look.
Inside, the Kona Electric boasts a tech-savvy interior with digital displays and an EV-focused layout. Moreover, its 201hp electric motor and 64kWh battery make it a powerful and efficient vehicle. With an EPA-rated range of 258 miles, it is one of the most reliable electric SUVs available today.
In terms of charging, the Kona Electric supports 100kW DC fast charging, making it very convenient for long trips. It can charge up to 80% in just 47 minutes, which is a significant advantage for drivers who are always on the go.
Advanced tech is another highlight of the Kona Electric. It comes with a touchscreen, digital cluster, driver aids, and smartphone integration. These features provide a seamless driving experience and make it easy to stay connected on the road.
Pricing for the Kona Electric starts around $32,675 for the SE trim in the U.S. However, it is available globally, making it an excellent choice for drivers worldwide. With its impressive range and advanced features, the Kona Electric is a game-changer in the electric SUV market.
| KONA Electric SE | KONA Electric SEL | KONA Electric Limited | |
| Price | $32,675 | $36,675 | $41,045 |
| Range (Miles) | 200 | 261 | 261 |
| Power | 133 hp | 201 hp | 201 hp |
| Drive Type | Front-Wheel Drive | Front-Wheel Drive | Front-Wheel Drive |
IONIQ 5 N
The 2025 Hyundai IONIQ 5 N marks a first for the brand’s performance N division – a high-powered, all-electric vehicle. Its aggressive exterior styling features N-specific aerodynamic elements, 21-inch forged wheels with sticky summer tires, and Luminous Orange accents. Inside, you’ll find N-branded components, lightweight bucket seats, metal pedals, and motorsport-inspired details throughout.
Powered by a larger 84 kWh battery pack compared to the standard model’s 77.4 kWh unit, the IONIQ 5 N supports ultra-fast 800V charging at up to 350 kW. Dual electric motors deliver 601 hp and 448 kW, but engaging the N Grin Boost function kicks output up to an incredible 641 hp and 478 kW for 10-second bursts. Moreover, performance upgrades include a reinforced chassis, electronic limited-slip differential, larger brakes, adjustable regen braking, and special N driving modes like Drift Optimizer and N Race.
Despite its potent performance credentials, the IONIQ 5 N still offers practical Hyundai tech like forward collision avoidance assist, blind spot monitoring, surround view cameras and more. Uniquely, it features N e-Shift simulating a dual-clutch transmission feel, N Active Sound+ synthetic engine notes, and battery preconditioning. Priced from $66,100 plus $1,375 freight, the IONIQ 5 N commands a premium over the base model but undercuts rivals like the Tesla Model Y Performance. For supercar acceleration with racetrack capability in an EV package, the IONIQ 5 N could be an ideal choice.
All-Wheel Drive Hyundai IONIQ 5 Pricing
| IONIQ 5 N AWD | |
| Price | $66,100 |
| Range (Miles) | Pending |
| Power | 601 hp |
| Top Speed | 162 mph |
| 0 – 60 mph | 3.25 Seconds |
Future Hyundai Electric Vehicles
Hyundai has only released a handful of concepts, but currently only the Seven concept is transitioning to a production electric vehicle.
IONIQ 7
The Seven Concept by Hyundai is a remarkable vehicle that features the company’s bold “Parametric Pixel” design language. With its geometric shapes and pixel lighting, the car’s futuristic exterior stands out with a large grille, angular lines, and aerodynamic bodywork. When you step inside, you’ll find a spacious, minimalist lounge with flexible seating and a wide digital dash.
Although we don’t yet know the powertrain details, it’s likely that the Seven Concept will utilize Hyundai’s E-GMP platform, which allows for various battery/motor setups that provide impressive range and performance. Additionally, the car features advanced technology, including autonomous driving aids and air purification systems.
Furthermore, the Seven Concept places a strong emphasis on sustainability, with eco-friendly materials such as bamboo and recycled plastics being used in its construction. As a result, Hyundai plans to launch the IONIQ 7 production electric SUV by late 2024 or 2025, with pricing yet to be announced.