Hyundai expects new family of Ioniq vehicles to drive global EV sales

Hyundai said the elevation of Ioniq (pic) from an individual vehicle nameplate to a brand will help support its goal of capturing 10% of global EV sales in 2025.

Korean automaker Hyundai Motor Co is creating a family of electric vehicles it will sell under the Ioniq brand as part of its drive to become the world's third-largest seller of EVs by 2025, the company said on Sunday.

Hyundai said the elevation of Ioniq from an individual vehicle nameplate to a brand will help support its goal of capturing 10% of global EV sales in 2025.