Hyundai Ioniq 2: Compact city EV expected to be unveiled at IAA Munich

With the Ioniq 2, Hyundai is aiming to close a gap in its own electric portfolio and gain a foothold in the growing segment of affordable compact EVs. According to InsideEVs, the Ioniq 2 will be unveiled at the IAA Mobility 2025 before the model goes on sale in Europe around a year later. Hyundai is thus specifically targeting competitors such as the Renault 5, Peugeot e-208 and the upcoming VW ID.2.

Technical details 

As InsideEVs further reports, the Hyundai Ioniq 2 is based on the more cost-effective, front-wheel-drive version of the E-GMP (Electric-Global Modular Platform). This platform offers a variety of battery options, ranging from 58 kWh to around 81 kWh, comparable to the slightly larger Kia EV3. A small battery model with LFP technology is also expected, with estimated starting prices of around £25,000 (approximately $33,800/€30,000).

Design and equipment

According to Autocar, spy shots show a vehicle with a coupé-like roofline and a raised, SUV-like stance, similar to Bayon. The front end is expected to feature an LED light strip or narrow LED headlights in the style of the Ioniq 6. Inside, there will be a "step change" in the user experience – a dashboard instrument cluster for instruments and infotainment is said to characterize the new, modern interior. The above image shows the possible design of the vehicle based on spy shots of the camouflaged model.

Software innovation

Ioniq 2 will reportedly be one of the first models to utilize Hyundai's new Pleos software platform – an integrated operating system (Vehicle OS), infotainment, cloud connectivity and apps in one system – based on the Android Automotive OS, with over-the-air updates and enhanced connectivity.

Market positioning

According to Autocar, Hyundai is attempting to use Ioniq 2 to fill in a gap in its portfolio between the Inster (A-segment) and Kona Electric (B/C-segment). The goal is to attract new buyers from the growing market for compact EVs. Competing products in this segment include the Renault 4, VW ID.2X, Skoda Epiq and Bayon. Production will take place in Europe, supporting Hyundai's strategy of local manufacturing close to the market.

Outlook

Ioniq 2 could become an attractive entry-level EV thanks to its price-performance ratio (under £25,000), modern software and local design. Challenges remain in terms of its exact market positioning against established competitors and the final technical specifications. The premiere at IAA Mobility 2025 (September 9–[XX], 2025, is expected to provide further details.