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IONIQ 5 : Hyundai unveils first model based on own EV platform

IONIQ 5 : Hyundai unveils first model based on own EV platform IONIQ 5, the all-electric car is priced at 50 million won to 55 million won ($45,000-$49,500) Tuesday February 23, 2021 11:03 PM, IANS Seoul: South Korean auto giant Hyundai Motor on Tuesday unveiled the IONIQ 5, the first model embedded with its own electric vehicle (EV) platform, as it strives to morph into a future mobility solutions provider. The IONIQ 5 midsize crossover utility vehicle is the first model equipped with Hyundai Motor Group s own EV-only electric-global modular platform (E-GMP), Hyundai said in a statement. Hyundai said that it will launch the IONIQ 5 in Europe next month, in Korea in the second quarter and in the US and other markets later this year.

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