Search results for IONIQ 3
Industry
K battery makers see end of chasm tunnel, profitability within reach in Q2
South Korea\'s three major battery makers posted weak first-quarter results. LG Energy Solution and Samsung SDI swung to operating losses, and SK On is also expected to remain in the red. Brokerages see the first quarter as a cyclical trough and expect a shift to profitability from the second quarter as energy storage system sales ramp up and electric-vehicle demand recovers. Key variables include the pace of ESS revenue recognition and normalization of North American production.
Mobility
Hyundai Motor unveils IONIQ 3 small electric car, debuts next-generation infotainment
Hyundai Motor unveiled the IONIQ 3 small electric car for the first time in the world at the 2026 Milan Design Week in Italy on April 20 local time. The Europe-only hatchback is the latest model in the IONIQ lineup and features an Aero Hatch design with a 0.263 drag coefficient. Built on the E-GMP platform, it has a 61 kWh battery and is expected to offer up to 496 km of range on the WLTP cycle for the long-range model.
Industry
2026 set to be year of ultra-low-cost EV price war
The key issue for the global electric vehicle market in 2026 is expected to be price rather than advanced functions. As battery costs fall and vertical integration and mass production expand, automakers are cutting prices to stay competitive. Chinese manufacturers have led the push, with models priced for mass markets spreading into Europe and emerging markets. Automakers in South Korea, the United States and Europe are also shaping low-cost strategies, while 2026 could become a turning point for the sub-30 million won EV segment.