Hyundai has officially debuted its Ioniq 9 in advance of the LA Auto Show, with a concept car-like interior that lets you swivel the 2nd row seats and turn your car into a living room.
We’ve been hearing about the Ioniq 9 for some time now, and the time has finally come for its release.
In an event in advance of the LA Auto Show, starting this Friday and with a media preview day tomorrow (which Electrek will be in attendance for), Hyundai showed off the Ioniq 9 which will officially be unveiled at the Auto Show (you can watch via livestream) on the morning of Nov 21st.
The car is what we expected – a large, 3-row SUV, much like the EV9, the Ioniq 9’s cousin that is built on the same platform by Hyundai’s sister company, Kia.
But it also has some features we didn’t expect – like a little more clarity on that “lounge-like” interior we heard about, which turns out not to just be marketing fluff at all. It actually is like a lounge, complete with la-z-boy style footrests and swiveling seats so you can face your friends. More on that in a bit.
The Ioniq 9 comes with a perhaps excessively-large 110.3kWh battery (that extra 300Wh makes a big difference), offering up to 335 miles of range on the Long-Range RWD model with 19-inch wheels. 20- and 21-inch wheels are also available, we imagine with lower ranges.
The large battery will retain the E-GMP platform’s excellent DC charging performance, with the ability to charge from 10-80% in 24 minutes, assuming you’re connected to a capable charger (Hyundai says 350kW “under optimal conditions”).
The Long-Range model will have a 160kW (215hp) rear motor, and an additional 70kW (94hp) front motor if you get the AWD model. Performance AWD will be available with 160kW motors on both axles.
The long range RWD model will do 0-100km/h (0-62mph) in 9.4 seconds, AWD in 6.7 seconds, and Performance AWD in 5.2 seconds (or, if you prefer 0-60, the Performance model can do it in 4.9).
The vehicle is large, as you’d expect out of a 3-row SUV, at 5,060mm (199.2in) long, 1,980mm (78in) wide and 1,790mm (70.5in) high. This is 2 inches longer than its sister car the EV9, and 1 inch less long than the Rivian R1S.
Exterior design keeps some of the design language of the (excellent) Ioniq 5, but larger and more rounded-off. In particular, it keeps some of the dot-matrix/pixel aesthetic of the lights.
I have to say I don’t love the roundedness of it – the design of the Ioniq 5 feels extremely consistent with a lot of straight lines throughout, whereas the rounded hood and extended rear end of the 9 spoil that consistency to some extent (and speaking of the rear… it almost seems a little hearse-like, to me).
Incidentally, with the Ioniq 5 and EV6, one is more boxy and the other is more rounded – and the same thing has happened with the Ioniq 9 and EV9, only in reverse. The Ioniq 9 is more rounded and the EV9 is more boxy. So, once again, these two similar vehicles have differentiated themselves enough that we expect the market will be split, with many customers liking one and disliking the other, meaning little cannibalization between the two.
The interior seems incredibly spacious, though so far we haven’t had a chance to experience it ourselves. Most 3-row SUVs in this size class do have somewhat cramped third rows, so we’re curious if Hyundai has managed to do some sort of magic in that respect.
And in addition to rear and frunk storage (with a frunk capable of holding 88L in RWD and 52L in AWD models), the center console offers a large amount of storage inside (18.2L, split between an upper and lower tray), and can be slid back and forth to allow easier movement between front or rear seats.
And speaking of magic, Hyundai has actually done something new here – an interior with swiveling middle seats, to turn the car into a lounge.
We’ve seen similar interiors on countless concept cars, but understandably they never make it to production. It’s definitely an attention-grabbing feature, but who really uses their vehicles like that?
Well, Hyundai thinks that people will, so it’s offered swiveling 2nd-row seats to allow for this. However, it says that these seats will be available “in selected markets only,” and it has declined to say exactly which markets those are yet. We also imagine this will only apply to the 6-seat configuration, rather than 7-seat.
The seats don’t just swivel though, they also recline and have a leg rest. Hyundai is calling these its “Relaxation Seats,” and the first and second row seats will both be capable of this feat. It says this will be particularly useful for people who want to get comfortable during vehicle charging (though, on an optimal 350kW charger, 24 minutes is hardly much time for a nap).
And that charging will be accomplished via a NACS port – making this, we think, the first non-Tesla vehicle to debut and be sold with only a NACS port at any time in the model’s existence. Other E-GMP vehicles are switching over to NACS, but the Ioniq 5 for example has been out for many years now, so there are lots of CCS Ioniq 5s out there, but that won’t be the case for the Ioniq 9.
Like other E-GMP vehicles, it will be able to discharge the battery via vehicle-to-load (V2L) to power devices, though we didn’t get clarity on how much total output it will have. Other E-GMP cars usually top out around 1.8kW, so enough to run some regular outlets, but not enough to power a house.
The Hyundai Ioniq 9 will be available in Korea and the US in the first half of 2025, and then will come to Europe and other markets later. The US version will be built at Hyundai’s plant in Georgia – another example of a car brought to the US by the domestic sourcing provisions of President Biden’s EV push (and which could be put into Jeopardy if Dumb & Dumber get their way in attempting to kill this boon for US manufacturing).
We don’t have pricing or all tech specs yet, so stay tuned as there’s still more to come.
Also, you can watch the official debut livestream over at Hyundai’s website, starting at 9:10am PST November 21st. And Electrek will be at the LA Auto Show to ask around and see if we can get any lingering questions answered.
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California will go to court to protect its clean air in the face of illegal attacks by republicans in Congress, said California Governor Gavin Newsom today.
Earlier today, the US Senate voted to revoke California’s waiver to set its own clean air rules using the Congressional Review Act (CRA). The House previously voted on a similar measure earlier this month.
For more than half a century, California has asked for and been granted this waiver that allows it to set its own emissions rules. Other states can follow California’s rules (and around 11 states do so, though that amount differs for each rule), as long as they do so exactly, and as long as those rules are stronger than the national ones.
It has this unique authority because California had its own Clean Air Act before the federal Clean Air Act was passed, and because the state had a unique problem with smog at the time and needed stricter rules than the rest of the country. So a carveout was made in the federal law in recognition of this, and California has been granted this waiver over 100 times after following proper rulemaking processes, and denied zero times.
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California’s clean air laws have been effective in reducing pollution, with vehicle-based pollutants dropping by 98% in the last 50 years. But of course, there’s still more to be done, as the LA area remains one of the smoggiest in the country due to factors including geography, high car dependency, heavy shipping traffic, and a lack of public transitt.
Despite the protestations of industry at the time and since, these rules have not made it impossible for them to operate, or sell cars, or profit from selling cars, in California or any other states that follow its rules.
California’s newest set of rules is set to save Californians, and the residents of other states who follow them, hundreds of billions of dollars on health, fuel, and maintenance costs through 2050 by encouraging electrification – and of course will save thousands of lives due to pollution reductions.
Republicans targeted not just California’s regulation on light duty vehicles (ACC II), but also some other truck emissions rules (the ACT and HD low-NOx Omnibus rules), with their CRA action today.
The problem is, Congress does not have the power to revoke this waiver, because that’s not how the CRA works.
The CRA is an until-recently rarely-used Act which allows Congress to disapprove of recent rules set by a federal government agency, and bar that agency from implementing similar rules.
It’s also outside the 60 day window allowed for review by the CRA. Stack another violation of law on top of the first one.
So, today’s action by Congress is illegal, and California is now going to court to stop it.
California announces lawsuit to protect clean air
Hot on the heels of republicans declaring their desire to raise health and fuel costs for Americans, and their opposition to clean air, California Governor Gavin Newsom came out with a response, committing to taking the issue to court, as California has done (and won) in the face of previous republican attacks on clean air.
Gov. Newsom declared his opposition to the republican plan to “Make America Smoggy Again” today, saying:
“This Senate vote is illegal. Republicans went around their own parliamentarian to defy decades of precedent. We won’t stand by as Trump Republicans make America smoggy again — undoing work that goes back to the days of Richard Nixon and Ronald Reagan — all while ceding our economic future to China. We’re going to fight this unconstitutional attack on California in court.”
-California Governor Gavin Newsom
California Attorney General Rob Bonta also spoke at the press conference, saying:
“With these votes, Senate Republicans are bending the knee to President Trump once again. The weaponization of the Congressional Review Act to attack California’s waivers is just another part of the continuous, partisan campaign against California’s efforts to protect the public and the planet from harmful pollution. As we have said before, this reckless misuse of the Congressional Review Act is unlawful, and California will not stand idly by. We need to hold the line on strong emissions standards and keep the waivers in place, and we will sue to defend California’s waivers.”
In its press release, the California Governor’s Office pointed to the decades of precedent upholding California’s waiver, which is protected by the Clean Air Act. It also pointed out that the California Air Resources Board was established under Governor Ronald Reagan, and waivers were first granted by President Richard Nixon.
Both of these individuals are republicans, though from a time before the party had fallen quite so far down the rabbit hole of openly wishing harm on Americans.
California goes on to talk about how Congress’ actions make driving less affordable by raising fuel and health costs, hand over the keys to the auto industry to China by slowing down the US auto industry’s transition to EVs, and harm the climate leadership of California, the most productive state and the 4th largest economy in the world, which has grown by 78% since the year 2000 while cutting greenhouse gas emissions by 20% since then.
California did not yet file the lawsuit, merely stated its intent to do so today. But courts have ruled in favor of California many times in the past in cases related to its authority to protect its own air, most recently doing so in December.
Clean air groups also offered their support for California’s lawsuit. The Environmental Defense Fund said:
“We stand with California’s leaders in protecting the health and safety of millions of people from harmful vehicle pollution. The state’s clean air standards for new cars and trucks protect children’s lungs and the communities where they grow up from smog and soot. They help farmers, builders, and others who work outdoors breathe easier. They reduce the climate pollution that fuels deadly wildfires, droughts, and other disasters. They save hard-earned money at the pump — and they save thousands and thousands of lives”
-Vickie Patton, General Counsel, Environmental Defense Fund
On another note, republicans took action to cut the rooftop solar credit today. That means you could have only until the end of this year to install rooftop solar on your home, before republicans raise the cost of doing so by an average of ~$10,000. So if you want to go solar, get started now, because these things take time and the system needs to be active before you file for the credit.
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Here we compare the specs of the new Tesla Model Y (Chinese version) to the newly unveiled Xiaomi YU7, a vehicle dubbed the ‘Tesla killer’.
For years, we laughed at people using the term ‘Tesla killer’ for new electric vehicles. To this day, even as Tesla’s sales are declining, it’s a bit dumb to use the term since no single EV is going to “kill” Tesla.
However, there’s one that is as close to do it as we have seen so far.
At the time, we reported that the bigger concern for Tesla was that the Chinese electronics giant was now planning to launch a new EV, the YU7, aimed at competing against Tesla’s popular Model Y.
The only thing that is missing about the YU7 as of the time of writing is the price, but it is expected to be very similar to Model Y and even likely to undercut by a bit.
These specs show that the vehicles are extremely similar. The main difference is that Xiaomi packs a lot more batteries into the YU7 than Tesla puts into the Model Y, resulting in a significant difference in range.
To be fair to Tesla, it still dominates in efficiency as it does more with fewer batteries, which is an important skill to have. However, most customers don’t care about that and want a longer range. They don’t care how you make it happen.
Based on the online reception, the Model Y is viewed as having a more tired design that is not as luxurious as the YU7.
That’s particularly true of the exteriors.
It’s a similar situation in the interior, but Xiaomi also outshines Tesla here with more technology, like display along the dash:
Both vehicles feature a large center display where most of the controls are located.
Electrek’s Take
I think Tesla is in trouble in China. The competition is impressive and there are vehicles that clearly directly target Model Y, Tesla’s bread and butter, and there’s no better example than this one.
The only thing missing is pricing, but if it’s priced as expected, which is like the SU7 to the Model 3, it will make it a no-brainer for most buyers.
Also, Xiaomi often gets mentioned as a ‘Tesla killer’ because the vehicles are not only ultra competitive with Tesla, but it is also producing them in high volumes.
SU7 outsold the Model 3 within a year of launching. The YU7 is coming to market within the next 2 months, and it should reach impressive volumes that are going to put pressure on Tesla’s Model Y sales by the end of the year.
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Nick Pinto is a marketing director at his family’s law firm in New Jersey. He’s also a crypto trader who spent enough money on Donald Trump’s meme coin to win a spot at a private black-tie dinner with the president scheduled for Thursday night.
“I was kind of early in bitcoin and ethereum, so I’ve always been trading crypto,” said the 25-year-old Pinto, who claims he finished number 72 on the leaderboard for the token contest. “Once I saw the announcement that Trump was releasing a coin, I immediately started to purchase it.”
Pinto said in an interview that he spent half a million dollars on the $TRUMP meme token in order to attend the dinner, which is being held at President Trump’s private golf club in Potomac Falls, Virginia, near Washington, D.C. Pinto shared screenshots with CNBC that appear to back up his claim.
The $TRUMP coin, which has no attached asset or underlying value, was launched just ahead of the president’s inauguration in January and has drawn heavy scrutiny from Democratic lawmakers who say President Trump is profiting from his position of power.
The dinner was announced last month and promised to reward the top 220 token owners with “the most exclusive invitation in the world.” The top 25 finishers were also told they would get a private reception with the president, as well as a “special VIP tour.”
Democratic senators called the competition a blatant example of “‘pay to play’ corruption” — the coin jumped 50% after the dinner announcement. Earlier this week, the Senate advanced a Trump-backed crypto regulation bill called the GENIUS Act after getting enough Democratic support to clear a potential filibuster.
Guests for Thursday night’s dinner were required to complete a background check, according to a copy of the invitation viewed by CNBC. Attendees were instructed not to arrive before 5:30 p.m., with the dinner starting at 7 p.m. and expected to last three hours.
Pinto doesn’t know what his investment in $TRUMP will get him other than the dinner. He said he thinks the tokens will be usable in a digital Trump golf game that was announced in December and is expected to launch next month, according to a press release.
“There’s a few things that I want to ask him,” Pinto said. “I definitely want to find out if he’s going to want to use this coin in the game. That’s probably my top question, because not many people know about that game.”
The Trump coin team didn’t immediately respond to a request for comment.
Because crypto wallets are pseudonymous, most participants in the competition appeared only as three- to four-letter usernames linked to cryptographic wallet addresses. Many of the winners are tied to international exchanges, according to blockchain analytics firm Inca Digital, raising concern that non-Americans may be paying for the opportunity to try and influence the U.S. president.
While Pinto is going public about his participation, most of the identities tied to top wallets are unknown. Blockchain data shows that a majority of the top entrants used offshore exchanges barred to U.S. residents. An analysis by Bloomberg revealed that 19 of the top 25 wallets, and more than half of the top 220, are almost certainly owned by individuals operating outside the U.S.
The competition drew an estimated $148 million in purchases from supporters around the world, a massive fundraising haul for a digital asset launched just months ago. Among those attending is Justin Sun, the Chinese-born founder of the TRON blockchain, who confirmed this week that he is the contest’s top-ranked investor.
At current prices, Sun’s stake in $TRUMP is now worth more than $20 million. Sun was also one of the first major backers of World Liberty Financial, the Trump family’s crypto venture, buying at least $75 million of its native token “WLFI.”
In 2023, U.S. regulators accused Sun of illegally selling unregistered securities and artificially inflating token prices. A month into Trump’s second White House term, a federal court filing showed the SEC was in settlement talks with Sun to resolve the civil fraud charges.
Final leaderboard
MemeCore, a Singapore-based crypto network that was vocal in its quest to secure a spot at the Trump dinner, landed in second place with an investment of around $19.7 million, according to a post on X that the company later deleted. MemeCore didn’t immediately respond to a request for comment.
Some buyers didn’t make the cut.
Freight Technologies, a Houston-based logistics company, said it spent $2 million on $TRUMP tokens as part of what it called a strategic push to “champion fair and free trade” across the U.S.-Mexico border. The company still finished in 250th place. Freight trades on the Nasdaq as a penny stock and has a market cap of about $6.5 million.
The final leaderboard was calculated using a time-weighted formula that factored in both the size and duration of each participant’s holdings. That means early buyers who held onto their tokens consistently, like Pinto, could outrank bigger last-minute spenders.
Investors in $TRUMP, like with other meme coins, have to be prepared for big ups and downs.
Immediately after its launch in January, the Trump coin spiked to a $15 billion market cap before crashing within days. It’s currently worth about $2.1 billion.
That volatility has created stark winners and losers. Blockchain data shows that more than $5.2 billion in profits flowed to the top wallets, while over 590,000 wallets — mostly small retail traders — collectively lost nearly $4 billion.
Since January, more than $324 million in trading fees have been routed to wallets tied to the project’s creators, according to Chainalysis. The token’s code automatically directs a cut of each transaction to these addresses, allowing the team to profit from ongoing activity. The blockchain analytics firm stopped tracking the president’s meme token about two weeks ago, citing a need to refocus resources on paying clients.
The Trump family has reaped enormous financial benefit. Roughly 75% of proceeds from World Liberty Financial and more than 80% of profits from the meme coin have gone directly to the Trump Organization and affiliated entities. The project has also generated hundreds of millions of dollars in trading fees.
Senator Chris Murphy, D-Conn., has introduced legislation that would ban sitting presidents from profiting off meme coins while in office.
In a press conference hours before the dinner, Murphy warned that “just because the corruption is playing out in public where everybody can see, it doesn’t mean that it isn’t rampant, rapacious corruption.” He called tonight’s event “maybe the most corrupt, of all of the corruption.”
Sen. Elizabeth Warren, D-Mass., went further, describing the gathering as “an orgy of corruption” and accusing Trump of using the presidency “to make himself richer through crypto.” She called for changes to the GENIUS Act that would bar any president from profiting off stablecoin ventures.
With Republicans in control of both chambers of Congress, Democrats have limited ability to force action.
In response to CNBC’s questions about the dinner, Deputy White House Press Secretary Anna Kelly said, “The president is working to secure good deals for the American people, not for himself,” adding that he “only acts in the best interests of the American public.”
Pinto, who paid $500,000 for his invitation and still holds most of his tokens, said the risk is worth it.
“I didn’t put in more than I’m willing to lose,” he said. “I’m fine if it goes to zero.”