The Ioniq is Hyundai's first automobile built from the ground up and specifically available as a hybrid or electric powered. It is related to the Kia Niro crossover utility vehicle and Hyundai Elantra, with which it shares a wheelbase and suspension components.[17]

The Ioniq Hybrid was released in South Korea in February 2016.[9] The hybrid was launched in Malaysia in November 2016. Two Ioniq Hybrid trims were available, HEV and HEV Plus.[18] The Ioniq Hybrid was introduced in the United States