The Korea Herald reports that Hyundai plans to launch a new brand of electrified vehicles in January. According to the report, which cites unnamed sources, Hyundai’s first electric vehicle will be called the “i” and it is expected to go on sale by early next year. According to the Herald, the five-door hatchback; a competitor for the Toyota Prius, will be equipped with a 1.6-litre gas engine, electric motor, and a transmission tailored for hybrid models. Hyundai already announced plans for a plug-in hybrid version of the Sonata, and earlier this year, Hyundai Motor Group Vice Chairman Chung Eui-sun stated plug-in hybrids were essential to the survival of the company and the industry.
The Korea Herald reports that Hyundai plans to launch a new brand of electrified vehicles in January. The first model from the new brand, tentatively named the AE, will be a hybrid, followed by PHEV and pure EV versions. According to the Herald, the five-door hatchback; a competitor for the Toyota Prius, will be equipped with a 1.6-litre gas engine, electric motor, and a transmission tailored for hybrid models. Hyundai already announced plans for a plug-in hybrid version of the Sonata, and earlier this year, Hyundai Motor Group Vice Chairman Chung Eui-sun stated plug-in hybrids were essential to the survival of the company and the industry.