May 02, 2024

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[THE INVESTOR] Hyundai Motor said on Sept. 12 that the sales of the Ioniq Electric, has reached more than 1,000 units in South Korea in two months of the car’s debut here.

Hyundai Motor said it also had contracts to deliver an additional 2,000 units of the vehicle. The automaker said earlier it aims to sell at least 4,800 Ioniq Electric units in the country this year alone.

Hyundai Motor's Ioniq Electric

 Hyundai began the sale of the Ioniq line, which includes the firm’s first pure electric vehicle built on a dedicated platform, in late June. In addition to the electric version, the Ioniq also comes as plug-in hybrid and traditional hybrid models.

The Ioniq Electric is said to be capable of traveling up to 191 kilometers on a single charge, which is better than the 100 km range of other EVs on sale here.

(theinvestor@heraldcorp.com)