Hyundai Motor Company and Tesla Korea started to announce key electric vehicle models that are expected to be released. On the 13th, Hyundai Motor Company released the teaser image and video of the Ioniq 5, and Tesla Korea began exhibiting the Model Y vehicle, which is scheduled to be released within the first quarter of the same day.
Hyundai Motor Company is enthusiastic about promoting the vehicle charging management system that can supply general power to the outside of the IONIC 5 teaser video. The purpose is to inform the fact that electrical connections with various devices are possible by connecting the 220 volt outlet inside the vehicle. It deviated from the concept of an existing electric vehicle that receives electricity from a charger.
The symbol of Ioniq 5 is the’parametric pixel’ design applied to headlights and tail lights. As the vehicle is based on the concept car 45 inspired by Pony, it is evaluated as having a retro and modern image at the same time.
Ioniq 5 will be revealed in detailed specifications including mileage at Hyundai Motor’s global public event early next month. At this time, the domestic official mileage is expected to be announced. In particular, Ioniq 5 is the first car model of Hyundai Motor Company’s electric vehicle brand’Ioniq’ and the first pure electric car model to which the’E-GMP’ electric vehicle platform, which Hyundai Motor took over. It is analyzed that the success of Ioniq 5 can lead to the success of Ioniq 6 to be released in 2022 and Ioniq 7 to be released in 2024.
Ionic 5 is expected to be delivered to the domestic market in April.
Tesla Korea announced the news of the Model Y exhibition using only the Kakao Talk channel and email. The news spread on social media and attracted the attention of many prospective consumers.
On the 13th, GDNet Korea visited Lotte Department Store in Yeongdeungpo and Lotte World Mall in Jamsil, where Model Y was exhibited, and found that despite the current situation of Corona 19, many people visited in person to see vehicles. In accordance with the corona 19 quarantine rules, only 15 people were able to inspect the vehicle per 30 minutes, and in Jamsil, the number of waiting people was approaching 100 as of 3 pm.
The Tesla Model Y will be sold as a long range and performance model in the domestic market first. The exact timing of customer orders has not yet been communicated. The long range domestic certified driving range is 511km, and the performance model has been certified for a driving range of about 448km. This is a combined standard at room temperature.
The key to success for the Ionic 5 and Model Y is price.
According to the domestic EV subsidy policy established from this year, only 50% of the government subsidy will be provided if the vehicle sales price, excluding subsidies, falls between KRW 60 million and less than KRW 90 million. If it is set at less than KRW 60 million, you will receive a 100% subsidy. This year, the maximum amount of government subsidies for electric vehicles that can be paid is 7 million won.
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According to the forecast data from the Ministry of Environment, some of the Ioniq 5 trims are expected to exceed 60 million won. However, since the data is still based on Hyundai Motor’s forecast, the possibility of price fluctuations in the future remains.
Pricing for the Model Y has yet to be announced. The industry predicts that Model Y Performance will only benefit from a 50% subsidy. In the case of long range, the presence or absence of subsidies is expected to vary depending on Tesla Korea’s pricing method.