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Hyundai is about to launch the IONIQ 3, and it plans to sell over 40,000 in 2027

By Electrek · Summarized & edited by · 2026-08-03
Hyundai is about to launch the IONIQ 3, and it plans to sell over 40,000 in 2027

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Why it matters: Hyundai is staking its European volume play on a segment where EV penetration is forecast to more than double to 33% by 2030 — and the CEO flew to Turkey to personally inspect the line, signaling how much hinges on a clean launch. With pricing under £23,000 and 300+ miles of range on offer, the IONIQ 3 is positioned as a high-volume mainstream EV rather than a halo product, making it central to Hyundai meeting tightening EU emissions targets.

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