• 2026.11.11 (Wed)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
[등록] 2026-09-01 15:48:31
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
    • International Student Report
    • With Ambassador
  • Column
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
MENU
 
Home > Business

South Korean Automakers Ramp Up Electric SUV Launches to Revitalize Domestic Market

Desk / Updated : 2025-01-28 06:20:38
  • -
  • +
  • Print

Seoul, South Korea – Domestic automakers are gearing up to launch a slew of new electric SUVs in a bid to revitalize the sagging domestic market. With a focus on sustainability and performance, these vehicles are expected to attract environmentally conscious consumers and stimulate sales.

Hyundai Motor is set to introduce the Ionic 9 in the first quarter of this year, followed by a full-scale launch in the second quarter. Initially unveiled in the United States last November, the Ionic 9 is expected to make waves in the domestic market as well. Compared to its sibling, the Kia EV9, the Ionic 9 boasts a larger body, offering more interior space and enhancing its practicality as a large electric SUV. While the exact pricing has not been disclosed, the Ionic 9 is poised to inject new life into South Korea's large electric SUV segment.

In addition to the Ionic 9, Hyundai will also unveil the successor to its Nexo fuel cell electric vehicle in the first half of this year. The company previously showcased a concept model, the 'Initium,' hinting at a significant design overhaul. The new Nexo is expected to offer an impressive range of 650 kilometers on a single charge and a maximum output of 150 kilowatts.

Kia Motors is also joining the electric SUV race with several new models. The EV5, a compact electric SUV that has already sold over 10,000 units in China, will make its debut in the domestic market. Given its success in the highly competitive Chinese market, the EV5 is expected to perform well in South Korea. Furthermore, Kia will launch a fully redesigned Seltos, which will include a hybrid option for the first time, expanding the company's eco-friendly vehicle lineup.

General Motors' Korean subsidiary is planning to introduce the Chevrolet Equinox EV, a mid-sized electric SUV. The company has already obtained domestic certification for the Equinox EV, confirming its range of [insert certified range here] kilometers on a single charge.

Renault Korea will also join the fray with the launch of the Renault Megane E-Tech Electric, a compact electric SUV.

"Domestic automakers are aggressively launching new electric SUVs to revive sales," said an industry official. "These vehicles are expected to overcome the temporary slowdown in electric vehicle demand and have a positive impact on overall sales."

[Copyright (c) Global Economic Times. All Rights Reserved.]

Desk
Desk

Popular articles

  • "Just order bottled water" is all it takes... Kakao embeds agentic AI into KakaoTalk

  • Cheonan City and Chemical Safety Institute Hold Joint Tabletop Exercise for Chemical Accident Response

  • North Korea Test-Fires Cruise Missiles Capable of Carrying Nuclear Warheads from 3,000-Ton Submarine for the First Time

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065561359479170 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Bucheon Conducts Winter Safety Inspections for Small-Scale Construction Sites Under 5.7 Million USD
  • Bucheon City to Hold Joint Exhibition for Together Care Centers… 364 Children Participate
  • Bucheon City Successfully Concludes Residents’ Autonomy Program Contest… Top Team Advances to Gyeonggi Provincial Contest
  • Lens on the Edge: The Visual Chronicles of a Wildlife Photographer Documenting Earth’s Final Hour
  • Exploring the World of Hangeul Calligraphy at Cheongnong’s Hangeul Art Institute
  • South Korea’s Graduate Schools Face Empty Classrooms as Demand for Tech Talent Reaches Critical Mass

Most Viewed

1
South Korea and Ethiopia Sign Trilateral MOU to Introduce Liquid-Based Cytology (LBC) Technology for Cervical Cancer Diagnosis
2
US Army Conducts Rare Temporary Burial Drills to Prepare for Worst-Case Large-Scale War Scenarios
3
World Citizens are Flying Directly to Busan... The Era of 4 Million Foreigners is Just Around the Corner
4
Eating 100g of Baechu Kimchi Daily Linked to Lower High-Cholesterol Risks
5
From Kim Whanki to Pokémon Cards... Seoul Auction Opens the Floodgates
체리가든 스토리
nutri huevos
로타리
동포저널

Hot Issue

LG Electronics and Skyscanner Partner to Bring Smart Travel Planning to Living Rooms

Regional Tourism in South Korea Struggles as Infrastructure Lags Behind Inbound Airport Growth

Miky Lee Honored with Asian Hall of Fame’s Centennial Medal for Pioneering Global K-Culture

Fashion Runway Show 2026

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • News K
  • 반달곰 프로젝트
  • 광고문의
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being 
    • 전체
    • Pet Life
    • Halal Horizon
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life 
    • 전체
    • International Student Report
    • With Ambassador
  • Column 
    • 전체
    • Cho Kijo Column
    • Cherry Garden Story
    • Ko Yong-chul Column
    • Kim Bong-seon's Photo Column
    • Kim Seul-Ong Column
    • Lee Yeon-sil Column
  • Photo News
  • New Book Guide
  • Overseas Koreans
  • Multicultural News