The Ioniq Electric will have an 88 kW (120 hp) electric motor, a 28-kWh lithium-ion battery pack, and a range that is estimated at between 110 and 140 miles on the US test cycle.
The next model expected to arrive will be the Ioniq Plug-In, with an 8.9 kWh battery and an electric range of 22 to 26 miles.
The first Ioniqs are expected to arrive in early 2017. Hyundai has set an ambitious global sales goal of 77,000 Ioniq Hybrids in the first year.
Prices start from €28,500 which includes the €5,000 government grant.
SOURCE: Hyundai, Green Car Reports