Hyundai’s EV push gains momentum

Classy: Hyundai Motor Co’s president and chief executive officer Jaehoon Chang next to the company’s Ioniq 6 EV sedan that was unveiled at the 2022 Busan International Motor Show in South Korea. The motor show runs through July 24. — Bloomberg

SEOUL: Hyundai Motor Co unveiled its Ioniq 6 sedan yesterday, continuing its ambitious push into electric vehicles (EV) with an eye on challenging rivals such as Tesla Inc and General Motors Co as the industry grapples with supply-chain disruptions.

The Ioniq 6 can travel up to 610 km on a single charge with its 77.4 kilowatt-hour battery, compared with 429 km for the Ioniq 5, Hyundai said in a statement as the latest model was introduced at the Busan International Motor Show. Production will start in the third quarter this year.