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Automobiles

Hyundai's Ioniq 5 electric crossover debuts with shared platform

Flagship EV, first of 12 models planned, goes 100 km on five-minute charge

Hyundai targets annual sales of 100,000 units globally for the Ioniq 5 starting in 2022. (Photo courtesy of the company)

SEOUL -- Hyundai Motor has unveiled its all-new Ioniq 5 flagship electric vehicle model, the first to be manufactured using the South Korean automaker's shared platform dedicated to EVs.

The Ioniq 5 goes on sale later this year domestically as well as in the U.S. and Europe. Hyundai begins production next month at its main assembly plant in Ulsan, a city in southeastern South Korea.

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