Hyundai IONIQ Electric Crowned Best Value Among Electric Cars, New Study Reveals

Press release
Published June 15th, 2017 - 09:37 GMT

Hyundai IONIQ Electric
Hyundai IONIQ Electric

The Hyundai IONIQ Electric has been crowned as ‘best value’ for electric cars, according to a new survey, and supporting the Middle East’s take-up of electric and hybrid vehicles.

Being crowned “Wertmeister 2017” – or ‘value champion’ -- the Hyundai IONIQ Electric held an impressive 60.65 per cent of its projected residual value after four years, based on an annual mileage of 10,000 kilometers. The study was conducted by German car magazine Auto Bild and market intelligence consultancy Eurotax Schwacke.

“We are proud the Hyundai IONIQ Electric was named ‘Wertmeister 2017’ in Germany,” said Thomas A. Schmid, Chief Operating Officer at Hyundai Motor Europe. “The award reconfirms the confidence we have in the IONIQ, offering the best warranty, a great driving range, and latest safety and connectivity features at a very competitive price – e-mobility without compromises. After the launch of the IONIQ Hybrid and Electric last year, the line-up will be completed by the arrival of the IONIQ Plug-in this summer.”

Among electric vehicles, the Hyundai IONIQ beat out the Volkswagen e-Golf and ranking above the BMW i3. In another accolade for Hyundai, the IONIQ Hybrid also ranked among cars that holds their value best.

IONIQ is part of Hyundai Motor’s global sustainability strategy to launch 14 new eco models by the year 2020, including five hybrid vehicles, four plug-in hybrid vehicles, four electric vehicles and one fuel-cell electric vehicle.

The world’s first car to have three electrified powertrains – Hybrid, Plug-in, and Electric – the Hyundai IONIQ comes with a comprehensive five-year unlimited mileage warranty. This applies to all vehicles acquired at authorised Hyundai dealers and even includes an eight-year or 200,000-kilometer warranty for the car’s valuable high-voltage battery.

Mike Song, Head of Middle East and Africa Region at Hyundai Motor Company, said: “With Middle East customers posting strong demand for electric cars, the Hyundai IONIQ provides an ‘eco car’ that doubles as a financially-sound purchase. Hyundai is committed to supporting sustainable motoring, with the IONIQ’s tailored powertrains ideal for the diverse needs of Middle East markets and customer preferences.”

Consumption Data

IONIQ Electric

28 kWh Battery: Battery efficiency: 11.5 kWh/100 km; CO2 emissions: 0g/km

IONIQ Hybrid*

1.6 GDi / 1.56 kWh Battery: Fuel consumption combined: 3.9 - 3.4 l/100 km; urban: 3.9 - 3.4 l/100 km; extra-urban: 3.9 - 3.6 l/100 km; CO2 emissions combined: 92 - 79 g/km

IONIQ Plug-in**

1.6 GDi / 8.9 kWh Battery: Fuel consumption combined: 1.1 l/100km; Battery efficiency: 9.4 kWh/100 km; CO2 emissions combined: 26g/km

* Depending on trim and tyre specifications
** Values are tentative and not homologated yet, hence subject to changes.

Background Information

Hyundai Motor

Hyundai Motor Company recognizes the importance and impact that automobiles have on society and mankind. It strives to play a role that extends beyond being a simple car manufacturer to become customers’ lifetime companion. It will build connections with customers by fulfilling its vision to become a “lifetime partner in automobiles and beyond” and participate in working “together for a better future” as a constituent of Hyundai Motor Group.

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