Hyundai Motor Company’s Ionic 5 is’completely sold’ in Europe following Korea… CV and’Twin’

Input 2021.02.28 06:30

Hyundai Motor (005380)The first exclusive electric vehicle of Ioniq 5 set a new record on the first day of the pre-contract in Korea, and the amount of pre-contracted contracts was’completed’ in one day in Europe. Accordingly, it is noteworthy whether the Hyundai Motor Group will be able to succeed in’Ssang-cheol’ in the European market, the largest electric vehicle market, with Ioniq 5 and Kia’s CV (project name).

According to Hyundai Motor Company’s European subsidiary on the 28th, as a result of receiving a pre-contract for IONIQ 5 for 3,000 units in Europe on the 25th (local time), more than three times the amount of the corresponding amount of 10,000 people gathered and succeeded in’complete sale’ in one day.

In Europe, it can be said that people who are willing to purchase actually made a contract as they received a deposit of 1,000 euros (about 1.36 million won) and made a pre-contract.

Hyundai Motors’ European subsidiary reported that 236,000 cases of interest and inquiries about the vehicle reached 236,000 after the release of Ioniq 5.

The Ioniq 5, which was unveiled on the 23rd, was the first electric car to apply E-GMP, the exclusive electric vehicle platform of the Hyundai Motor Group, and recorded 23,760 units on the first day of the pre-contract on the 25th in Korea.

Equipped with an 800V charging system, it can charge 80% within 18 minutes, and it can run 100km in just 5 minutes. The floor is flat with a dedicated platform to increase space utilization, and the overall size is the level of a semi-medium sports utility vehicle (SUV) in the form of a crossover utility vehicle (CUV), but the shaft distance (wheelbase) that determines the indoor space is 3000 mm. It is longer than the large SUV Palisade.

The Hyundai Motor Group, which declared this year the first year of electric vehicle leap forward, is the next month following Ioniq 5. Kia Motors (000270)The CV, the first dedicated electric vehicle of the company, is also unveiled for the first time in the world. CV, which is also based on E-GMP, is a model that implements the time (zero-back) to reach 100 km/h from a standstill in 3 seconds, and the car name will be selected as one of EV1 to EV9.

Following the sale of Ioniq 5 in the European market, Kia CV is also expected to start selling in Korea and Europe in July. This seems to be due to the large portion of the European market, with more than half of the global sales of Hyundai Motor and Kia’s electric vehicles sold in Europe. The industry predicts that the European market share is the largest among the 70,000 units of Ioniq 5’s global sales target.

An industry insider said, “In the case of the Ionic 5, the overall size is at the level of a semi-medium size, but it has the interior space of a large car and the convenience of charging, so it will fit the taste of European consumers who prefer a practical car.”

The European electric vehicle market is the fastest growing in the world. According to the European Automobile Manufacturers Association (ACEA), a total of 74,5684 electric vehicles were sold in the European market last year. This is a level that has doubled from 2019 (36,164 units). Sales of electric vehicles in the European market this year are expected to be 1 million units.

In the case of Hyundai Motor and Kia, they sold 9,5917 electric cars in the Western European market last year. This is an increase of 120.7% from 43,455 units in 2019. By car type, ▲ Kona EV 46,611 units ▲ Niro EV 31,032 units ▲ Ionik EV 11325 units ▲ Soul EV 7999 units.

It is expected that Hyundai Motor and Kia’s electric car sales in Europe will exceed 130,000 units this year. It is reported that Hyundai Motors aims to sell more than 70,000 of its 160,000 global electric vehicle sales targets in Europe this year. Kia has set a global electric vehicle sales target of 104,000 this year and plans to sell 62,000 units in Europe.

Song Seon-jae, a researcher at Hana Financial Investment, said, “The success of IONIQ 5 will be the basis for predicting Hyundai’s position in the electric vehicle market while evaluating the marketability of E-GMP.” “It is an important catalyst contributing to the phase enhancement.”