Hyundai unveiled a sedan version of its cult electric vehicle on Thursday, with an interior that can beam different colours depending on the speed of the car, as the manufacturer continues its ambitious EV push with an eye on challenging rivals such as Tesla and General Motors.
The Ioniq 6 can travel up to 610 kilometres on a single charge of its 77.4 kilowatt-hour battery, compared with 429km for the Ioniq 5, Hyundai said as the car debuted at the Busan International Motor Show in South Korea.
Production will start in the third quarter this year, and batteries will be supplied by LG Energy Solution and another Korean partner, SK On.
Sales in South Korea will begin in September with a base price of 55 million won ($42,000), the company said. US sales will begin in early 2023 and the wider distribution will be announced later. Prices for customers overseas haven’t been announced yet.
The EV will be aimed at young, single professionals, in contrast to the bigger, more family-focused Ioniq 5, Hyundai’s senior vice president of North America sales Randy Parker said.
The car will be produced in Asan, South Korea, and there are no plans to make it outside the country for now, EV head Heung Soo Kim said. Hyundai didn’t announce a sales target for the model.
Hyundai plans to invest 95.5 trillion won in electrification this decade, introducing at least 17 new models between this year and 2030 and aiming for annual sales of 1.87 million EVs by the end of the period. The company is gunning for a 7 per cent share of the global EV market by 2030, and an 11 per cent share in the US.
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The arrival of the Ioniq 6 comes about seven and a half months after Hyundai unit Kia unveiled its latest Niro electric SUV. Kia’s EV9, a luxury SUV, will be released in 2023.
Hyundai and Kia together sold about 123,000 battery-powered and plug-in hybrid EVs in the first half of this year, putting them third on the world’s top EV-maker list, behind Tesla and BYD, figures compiled by BloombergNEF show.
The Europe, Middle East and Africa region accounted for nearly 60 per cent of their sales, while Kia has become the second-most popular EV brand in the US this year.
“I’m positive about the Ioniq 6, especially in Europe because Ioniq 5 and Kia’s EV 6 were so popular there,” said Angela Hong, an analyst with Nomura in Seoul. “Hyundai’s EV margins don’t seem that bad so far because a weaker Korean won has offset losses from higher battery prices.”
The won has weakened about 10 per cent against the dollar this year.
The Ioniq 6 has similar autonomous driving features to the Ioniq 5, including Highway Driving Assist 2 and Blind-Spot Collision-Avoidance Assist.
The model’s seats are about 30 per cent thinner than other models in the series, providing more legroom, while there are five USB ports and space next to the driver for a laptop. Some software can also be updated remotely, a first for Hyundai.
“Hyundai is changing so fast to win the race in the EV industry, faster than other traditional car makers,” said Woo Taek Hwang, a fund manager at Korea Investment Management in Seoul.
“The Ioniq series reminds me of Samsung’s Galaxy series, when Samsung was working extremely hard to catch up with Apple’s iPhones. Hyundai is becoming a fast follower for Tesla.”
RedCrow Intelligence Company Profile
Started: 2016
Founders: Hussein Nasser Eddin, Laila Akel, Tayeb Akel
Based: Ramallah, Palestine
Sector: Technology, Security
# of staff: 13
Investment: $745,000
Investors: Palestine’s Ibtikar Fund, Abu Dhabi’s Gothams and angel investors
It
Director: Andres Muschietti
Starring: Bill Skarsgard, Jaeden Lieberher, Sophia Lillis, Chosen Jacobs, Jeremy Ray Taylor
Three stars
Dubai Bling season three
Cast: Loujain Adada, Zeina Khoury, Farhana Bodi, Ebraheem Al Samadi, Mona Kattan, and couples Safa & Fahad Siddiqui and DJ Bliss & Danya Mohammed
Rating: 1/5
Classification of skills
A worker is categorised as skilled by the MOHRE based on nine levels given in the International Standard Classification of Occupations (ISCO) issued by the International Labour Organisation.
A skilled worker would be someone at a professional level (levels 1 – 5) which includes managers, professionals, technicians and associate professionals, clerical support workers, and service and sales workers.
The worker must also have an attested educational certificate higher than secondary or an equivalent certification, and earn a monthly salary of at least Dh4,000.
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Company%20profile
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Who's who in Yemen conflict
Houthis: Iran-backed rebels who occupy Sanaa and run unrecognised government
Yemeni government: Exiled government in Aden led by eight-member Presidential Leadership Council
Southern Transitional Council: Faction in Yemeni government that seeks autonomy for the south
Habrish 'rebels': Tribal-backed forces feuding with STC over control of oil in government territory
The specs
Engine: 2.0-litre 4cyl turbo
Power: 261hp at 5,500rpm
Torque: 405Nm at 1,750-3,500rpm
Transmission: 9-speed auto
Fuel consumption: 6.9L/100km
On sale: Now
Price: From Dh117,059
'Jurassic%20World%20Dominion'
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The biog
Siblings: five brothers and one sister
Education: Bachelors in Political Science at the University of Minnesota
Interests: Swimming, tennis and the gym
Favourite place: UAE
Favourite packet food on the trip: pasta primavera
What he did to pass the time during the trip: listen to audio books
New process leads to panic among jobseekers
As a UAE-based travel agent who processes tourist visas from the Philippines, Jennifer Pacia Gado is fielding a lot of calls from concerned travellers just now. And they are all asking the same question.
“My clients are mostly Filipinos, and they [all want to know] about good conduct certificates,” says the 34-year-old Filipina, who has lived in the UAE for five years.
Ms Gado contacted the Philippines Embassy to get more information on the certificate so she can share it with her clients. She says many are worried about the process and associated costs – which could be as high as Dh500 to obtain and attest a good conduct certificate from the Philippines for jobseekers already living in the UAE.
“They are worried about this because when they arrive here without the NBI [National Bureau of Investigation] clearance, it is a hassle because it takes time,” she says.
“They need to go first to the embassy to apply for the application of the NBI clearance. After that they have go to the police station [in the UAE] for the fingerprints. And then they will apply for the special power of attorney so that someone can finish the process in the Philippines. So it is a long process and more expensive if you are doing it from here.”
Desert Warrior
Starring: Anthony Mackie, Aiysha Hart, Ben Kingsley
Director: Rupert Wyatt
Rating: 3/5
The Birkin bag is made by Hermès.
It is named after actress and singer Jane Birkin
Noone from Hermès will go on record to say how much a new Birkin costs, how long one would have to wait to get one, and how many bags are actually made each year.
Superliminal%20
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