News
Hyundai Ioniq 7 Three Row Electric SUV Set To Debut In Summer
The next fully electric Hyundai IONIQ vehicle looks to be even bigger and more advanced than ever. Hyundai will debut its first three-row electric SUV, the IONIQ 7, at the Busan International Motor Show (BIMOS) in South Korea.
Another electric three-row electric SUV is set to hit the market. Hyundai’s highly-anticipated IONIQ 7 will make its debut at the Busan Motor Show in June. Here’s what we know about the electric SUV so far.
Hyundai is taking advantage of the industry’s transition to EVs with unique models based on its E-GMP platform, including the IONIQ 5 and IONIQ 6.
According to registration data from S&P Global, Hyundai was the fourth best-selling EV brand in the US last year, capturing 4.5% of the market. As rivals like Ford and GM are slowing electric car production, Hyundai is plowing ahead.
The Korean automaker is opening its first EV and battery mega plant in Georgia this year. Hyundai Motor America CEO Jose Munoz said the company is “pulling ahead” to qualify for the EV tax credit.
Hyundai’s growth comes despite its EV models not qualifying for the $7,500 federal tax credit (only through leasing). That will soon change.
According to Munoz, the $7.6 billion facility could open as soon as October. Hyundai’s American boss also said he’s confident that vehicles produced at the facility will qualify for the EV tax credit. Hyundai’s first three-row electric SUV, the IONIQ 7, is expected to be included.
- Related News: Uber, Hyundai Teamed Up to Create Flying Taxi – PHOTOS
You must be logged in to post a comment Login