Hyundai was founded in 1946 in Seoul, Korea. It is definitely the most popular brand of all Korean-made cars. The name can be translated into “Modern era”, which explains the company’s passion for progress and innovation. At that moment, Hyundai Group led the market by building electronics, oil rigs and massive infrastructure projects. The Hyundai Motor Company was founded in 1967. When it comes to production, this Korean car company boasts on an annual capacity of one million and a half cars. In 2013, the company won the distinction of 4th largest car manufacturing company in the world, dethroning giants Nissan, Honda and even Ford. Now Hyundai is part of the Hyundai Kia Automotive Group. One of their main goals remains being innovative and of high quality, so that people can drive affordable vehicles that last.
It’s difficult for new mid-size luxury sedans to break through the groupthink that sways drivers into the seats of the German Big Three. The Benz E-Class, the BMW 5-Series, and the Audi A6/A7 have a stranglehold on a niche that’s equal parts size, price, and prestige.
Evoking the spirit of Hyundai's very first production car – the 1975 Pony – the Ioniq 5 has finally arrived in production form. It's not the small hatchback with Mitsubishi engines from the early days of the Korean brand as we're looking at a midsize SUV developed from the ground up as an electric car.