In preparation for its electric future, Hyundai is set to unveil several new electrified vehicles in the coming years. The first of these will be the IONIQ 3, an electric hot hatch that will make its debut at Milan Design Week as a smaller sibling to the IONIQ 5. Although it shares the IONIQ name, this electric hatch will set the tone for Hyundai's next chapter in design and technology.
3 and Kia EV3. It will be built alongside the gas-powered i20 at Hyundai's manufacturing plant in Turkey in mid-2026. The company has yet to announce prices or final specs, but given the IONIQ 5 starts at about £40,000 ($55,500), the IONIQ 3 is expected to start at around £30,000-35,000 ($41,000-$47,700).
Hyundai's electric hot hatch will join a growing lineup of electrified vehicles that includes seven models ranging from the entry-level Inster to the Staria Electric van. Two of these new models will be smaller compact or subcompact vehicles, while the third could offer a taller crossover SUV to sit above the IONIQ 3. The company is also preparing to introduce several hybrids, including a refreshed i30 hybrid and new-generation Tucson and Bayon models.
With its focus on electrification, Hyundai believes it has a key advantage due to its economies of scale, which enables it to be flexible in an uncertain market. ' The IONIQ 3 will sit between the IONIQ 5 and Inster EV in Hyundai's European lineup, providing customers with a range of options across different price points. As the automotive landscape continues to shift towards electrification, Hyundai is well-positioned to meet this demand with its expanding lineup of electric vehicles.
With the introduction of the IONIQ 3 and other new EVs, Hyundai is taking a strategic approach to electrify its lineup while maintaining a balance between affordability and performance. As the market continues to evolve, it will be interesting to see how these new models perform in terms of sales and customer satisfaction.
