Hyundai’s IONIQ6, the ‘new standard in dynamic EV driving,’ sells out in under 24 hours
Hyundai unveiled its IONIQ6 earlier this year, setting a new standard in EV aerodynamics and energy efficiency. The South Korean automaker’s second dedicated EV is garnering significant attention, selling out within 24 hours of its release.
Hyundai created its IONIQ series, combining “ION” and “unique” as a tribute to the company’s dedication to electric mobility. The commitment has paid off so far, with the Hyundai IONIQ5 snagging over 3% of the US EV share YTD, with only Tesla models, Ford’s Mustang Mach-E, and Chevy BOLT EV/EUV selling more.
The IONIQ6 will sit on Hyundai’s 800V Electric Global Modular Platform (E-GMP), the same one used for its award-winning IONIQ5. However, the automaker has worked hard to ensure its second dedicated EV lives up to its standard, making improvements upon its already impressive IONIQ5.
According to Hyundai, its “electrified streamliner” will be one of the most efficient EVs to hit the market with WLTP-estimated energy consumption of less than 14 kWh/100 km.
Hyundai also kicked up the range with its IONIQ6, capable of 379 miles (610 km) WLTPO range on a single charge with a long-range 77.4 kWh battery.
As far as looks, the IONIQ6 reminds me of a cross between a Porsche and Audi TT with a sleek, aerodynamic design. It seems I’m not the only fan, as the IONIQ6 first edition EV has sold out in less than 24 hours.
Hyundai IONIQ6 EV sells out within 24 hours
According to a press release from Hyundai, pre-sales of the first edition IONIQ6 began in key markets (Germany, the UK, France, Norway, and the Netherlands), and within 24 hours, the EV was sold out.
Util Meachau commented on the accomplishment, stating:
This extraordinarily high interest in and demand for IONIQ 6 First Edition underscores Hyundai’s leadership in zero-emission mobility. With its aerodynamically sculpted silhouette, long driving range, and interior that elevates the electric mobility experience for customers, IONIQ 6 redefines what a car should be. We are certain that European customers will be immediately drawn to our Electrified Streamliner.
Hyundai’s exclusive 2,500 first-edition IONIQ6 models featured:
- A matte black finish
- 20-inch wheels
- Dedicated first-edition ECONYL floor mats
- Exclusive leather options (inspired by Hyundai’s Prophecy EV concept)
- Black aluminum ‘H’ emblems on the front and rear boot door underline
Hyundai says customers that were not able to pre-order the IONIQ6 first edition will receive an offer from their dealer. Meanwhile, those lucky enough to get their hands on one will receive their EV models between March and April 2023.
The official launch of the Hyundai IONIQ6 will happen at the end of 2022 and into 2023.
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Tesla has started to offer discounted financing on Cybertruck as the electric pickup truck undoubtedly turns out to be a flop.
Tesla claimed over 1 million reservations for the Cybertruck, and CEO Elon Musk said he could see Tesla producing 500,000 units per year.
However, that was before Tesla announced that the production version would be much more expensive and have a shorter range than what was initially announced.
The Cybertruck has now been in production for a year and a half, and it looks like Tesla would be lucky to sell about 10% of Musk’s goal of 500,000 units.
The automaker doesn’t report Cybertruck sales, but it is estimated that Tesla delivered roughly 40,000 Cybertrucks in 2024, and it is expected to have even more issues selling the truck this year.
Tesla has taken several steps to help sales.
We reported that Tesla launched Cybertruck leases to help move vehicles. The company is even still tucked with “Foundations Series” Cybertrucks, and we found out that Tesla buffed “Foundations Series” badges out of some trucks to sell them as cheaper regular Cybertrucks.
For the remaining “Foundations Series,” which there still are despite Tesla switching to regular Cybertruck production in October, Tesla has even offered free Supercharging for life.
Now, Tesla is stepping up its game, and it is offering discounted financing on new Cybertruck orders:
Tesla announced 1.99% APR for a limited time:
1.99% APR available for a limited time for well-qualified buyers
WIthout the “promotion”, the rate for excellent credit is 5.84%.
While Tesla is discounting the rates, it is not discounting them as much as for new Model 3 orders.
We reported earlier this week that Tesla offers 0% and 0.99% with $0 down on new Model 3 orders in the US until the end of the quarter.
Electrek’s Take
It is very possible that Tesla can’t sell more than 10,000 Cybertrucks this quarter, which would extrapolate to 40,000 units per year or less than 10% of what Elon said he would see Tesla delivering.
Now, the cheaper single motor Cybertruck should help, but by how much? It could bring Tesla to 20-30% of the volume Elon saw possible?
I think it’s fairly clear that the Cybertruck is a flop.
Tesla launched a single new vehicle in the last 5 years and it is a flop.
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Environment
Toyota launched its cheapest EV in China and it crashed the server starting at just $15,000
Toyota looks to grab a bigger share of the world’s largest EV market as it takes aim at BYD and other low-cost leaders. On Thursday, Toyota launched its cheapest EV in China, the bZ3X, starting at roughly $15,000. The new electric SUV crashed the server with over 10,000 orders in an hour.
Meet Toyota’s cheapest EV in China, the bZ3X
The bz3X is Toyota’s “first 100,000 yuan-level pure electric SUV” in China and its cheapest EV to hit the market so far.
Toyota’s Chinese joint venture, GAC-Toyota officially launched the “Bozhi 3X,” or bZ3X for short, in China on March 6. Shortly after, the company said orders for its new electric SUV were “so popular that the server crashed” after revealing prices start at just over $15,000 (109,800 yuan).
After securing over 10,000 orders in just one hour, Toyota boasted again that “the server is overwhelmed.” The launch comes after blind pre-orders opened in December, starting at just under $14,000 (100,000 yuan).
The bZ3X is available in two versions, with or without its full-scenario smart driving tech. The non-smart tech model starts at 109,800 yuan ($15,000) with five trim options while the smart driving model starts at 149,800 yuan ($20,500).
For 159,800 yuan ($22,000), the range-topping “610 Max” trim provides up to 610 km (379 miles) CLTC range from a 67.92 kWh LFP battery. The base “430 Air” gets up to 430 km (267 miles) from a 50.03 kWh LFP battery pack.
Toyota said the interior provides “a mobile space that is comfortable as home,” with front and rear seats that can fold down to provide nearly 10 feet (3 meters) of space.
Inside, the electric SUV has a 14.6″ infotainment screen with voice recognition and an 8.8″ driver display. It also includes a two-spoke multi-function steering wheel.
Toyota’s new bZ3X is its first vehicle with the Momenta 5.0 Intelligent Driving System. Powered by NVIDIA Drive AGX Orin X, it comes with 25 ADAS features, such as parallel parking, remote control parking, high-speed pilot, light traffic assist, and blind spot monitoring.
GAC-Toyota claimed it will be “one of the first automakers in the world to realize a one-stage end-to-end intelligent driving model.” With human-like intelligence, the vehicle “gets smarter and better with use.”
At 4,600 mm long, 1,875 mm wide, and 1,645 mm tall, Toyota’s cheapest EV in China is about the size of BYD’s Yuan Plus (Atto 3) at 4,455 mm long, 1,875 mm wide, and 1,615 mm tall. Starting at 115,800 yuan ($16,000), Toyota’s new bZ3X slightly undercuts BYD’s electric SUV.
What do you think of Toyota’s new electric SUV? Would you buy one for around $15,000? We’ll keep dreaming.
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