Hyundai’s first dedicated hybrid could receive the Ioniq moniker, according to a recent report

Hyundai’s first dedicated hybrid could receive the Ioniq moniker, according to a recent report.

It’s no secret the Korean company is preparing an all-new vehicle that will compete against the recently introduced 2016 Toyota Prius and the vehicle in question is set to be named the Ioniq. According to the currently available information, Hyundai registered the name on June 5 in the Korean Intellectual Property Office. A month later it was also registered in agencies in Europe and Canada.

Taking a look back at the brand’s recent history, the name doesn’t come as a surprise as it seems to be derived from the i-Oniq concept from 2012. The study features a hybrid system that includes a 1.0-liter petrol unit and an electric motor for a total output of 109 PS (80 kW). With CO2 emissions of just 45 g/km, the vehicle can travel up to 700 km (435 miles) with 120 km of purely electric range.

As for the Prius-fighter, it will reportedly use a 1.6-liter engine, supported by an electric motor and a small lithium-ion battery. A plug-in hybrid variant is also in the cards and it will likely feature the same setup with a larger battery.

Source: Green Car Reports

Hyundai's Toyota Prius-rivaling hybrid to be called Ioniq?