News
Hyundai Ioniq 6 electric sedan unveiling: 340-mile range, 320 horsepower, 77.4kWh battery
Hyundai has unveiled its new all-electric sedan, the Hyundai Ioniq 6.
The Hyundai Ioniq 6 made its first appearance earlier this year, and now the vehicle will be coming to the U.S. in the spring of next year. Today’s unveiling at the LA Auto Show included numerous details about the model coming to the U.S. There is a lot to be excited about.
First of all, the Hyundai Ioniq 6 offers some impressive technical specifications. The sedan has either a single-motor rear-wheel-drive or a dual-motor all-wheel-drive system. The model with the single-motor rear-wheel-drive setup produces a respectable 225 horsepower and 258 pound-feet of torque. While with the Ioniq 6’s optional AWD system, customers get 320 horsepower and 446 pound-feet of torque. An impressive amount of power that will rocket the family sedan from 0-60 in under 5 seconds.
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- Credit: Hyundai
Both drivetrains are powered by a 77.4kWh battery that gives the aerodynamic sedan a range of up to 340 miles. And charging the battery will be no problem either, charging from 10-80% in 18 minutes. Sadly, the smaller 53kWh battery sold in other markets will not be available in the U.S. Hyundai didn’t specify an MSRP for any of the upcoming trims at the launch event today.
Outside of just the drivetrain, the Ioniq 6 has a myriad of features, such as vehicle-to-load capability, over-the-air updates, and numerous charge ports sprinkled throughout the cabin to keep your devices topped off.
The Hyundai Ioniq 6 has nearly identical specifications to its larger sibling, the Hyundai Ioniq 5, because both vehicles are built on the same “E-GMP” platform. However, with the improved aerodynamics of the Ioniq 6 (a drag coefficient of 0.22), customers have access to increased range with the same battery system.
While impressive, the specifications of the vehicle were not the focus of the unveiling today. Presenters focused on the numerous design elements of the new car and how they affect the occupants’ experience. “We want our cars to always connect with customers on an emotional level,” said SangYup Lee, executive vice president and head of Hyundai Design Center.
First, the sedan’s interior space was a central focus point. Hyundai specifically outlined the significant legroom and width found within the new car. Body panels have been compressed to allow maximum interior space, while the ambient lighting system makes the already spacious cabin feel even more extensive.
The lighting system wasn’t only a selling point for the interior space. Much like the active sound design, the ambient lighting can be set to brighten and dim as the vehicle accelerates and decelerates, only furthering the feeling of speed.
Lighting was also a focus on the exterior design of the Ioniq 6. Hyundai has created a unique design language using square lights, most prominently seen on the headlights and taillights of both the Ioniq 6 and Ioniq 5. These “pixels,” as Hyundai calls them, are added to the top of the Hyundai Ioniq 6’s functional rear wing, and even make their way inside as part of driver-focused U/I elements.
Finally, Hyundai stressed the sustainability focus of its design. Not only was the company dedicated to using “earth-friendly materials,” but it also emphasized that the aerodynamic shape added to the product’s sustainability, helping consumers charge less often and use less energy in their transportation.
In his concluding statements, José Muñoz, president and CEO of Hyundai Motor North America, stated, “[the] Ioniq 6 fits the image, efficiency, and sportiness that many owners desire. Ioniq 6 and its interior space, battery options, charging speed, and all-wheel drive capability will exceed customer expectations.”
After introducing the Ioniq 6 in the spring of next year, it will eventually be produced at Hyundai’s new Georgia-based EV production facility along with numerous other planned products, such as the Hyundai Ioniq 7 full-size SUV that will be coming in 2024.
It is clear that Hyundai has found success with its uniquely designed electric vehicles, and many are looking forward to their Ioniq 6 reservation being filled. It will certainly be an exciting day when the Ioniq 6 finally hits the roads of North America.
Photo Credit: Hyundai Motors North America
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Elon Musk
Judge clears path for Elon Musk’s OpenAI lawsuit to go before a jury
The decision maintains Musk’s claims that OpenAI’s shift toward a for-profit structure violated early assurances made to him as a co-founder.
A U.S. judge has ruled that Elon Musk’s lawsuit accusing OpenAI of abandoning its founding nonprofit mission can proceed to a jury trial.
The decision maintains Musk’s claims that OpenAI’s shift toward a for-profit structure violated early assurances made to him as a co-founder. These claims are directly opposed by OpenAI.
Judge says disputed facts warrant a trial
At a hearing in Oakland, U.S. District Judge Yvonne Gonzalez Rogers stated that there was “plenty of evidence” suggesting that OpenAI leaders had promised that the organization’s original nonprofit structure would be maintained. She ruled that those disputed facts should be evaluated by a jury at a trial in March rather than decided by the court at this stage, as noted in a Reuters report.
Musk helped co-found OpenAI in 2015 but left the organization in 2018. In his lawsuit, he argued that he contributed roughly $38 million, or about 60% of OpenAI’s early funding, based on assurances that the company would remain a nonprofit dedicated to the public benefit. He is seeking unspecified monetary damages tied to what he describes as “ill-gotten gains.”
OpenAI, however, has repeatedly rejected Musk’s allegations. The company has stated that Musk’s claims were baseless and part of a pattern of harassment.
Rivalries and Microsoft ties
The case unfolds against the backdrop of intensifying competition in generative artificial intelligence. Musk now runs xAI, whose Grok chatbot competes directly with OpenAI’s flagship ChatGPT. OpenAI has argued that Musk is a frustrated commercial rival who is simply attempting to slow down a market leader.
The lawsuit also names Microsoft as a defendant, citing its multibillion-dollar partnerships with OpenAI. Microsoft has urged the court to dismiss the claims against it, arguing there is no evidence it aided or abetted any alleged misconduct. Lawyers for OpenAI have also pushed for the case to be thrown out, claiming that Musk failed to show sufficient factual basis for claims such as fraud and breach of contract.
Judge Gonzalez Rogers, however, declined to end the case at this stage, noting that a jury would also need to consider whether Musk filed the lawsuit within the applicable statute of limitations. Still, the dispute between Elon Musk and OpenAI is now headed for a high-profile jury trial in the coming months.
News
Tesla Giga Shanghai celebrates 5 million electric drive unit milestone
The milestone was celebrated by the company in a post on its official Weibo account.
Tesla China has reached another manufacturing milestone at Gigafactory Shanghai, rolling out the facility’s 5 millionth locally produced drive unit.
The milestone was celebrated by the company in a post on its official Weibo account. In its post, the Giga Shanghai team could be seen posing with the 5 millionth drive unit.
Giga Shanghai’s major benchmark
The milestone drive unit was produced at Gigafactory Shanghai, which produces the Model Y and the Model 3. In a release, Tesla China noted that its three-in-one integrated electric drive system combines the motor, gearbox, and inverter into a single compact assembly. This forms a powerful “heart” for the company’s electric cars.
Tesla China also noted that its drive units’ integrated design improves energy conversion efficiency while reducing overall weight and complexity, benefits that translate into stronger performance, improved handling, and longer service life for its vehicles.
The new milestone builds on earlier achievements at the same site. In July 2024, Tesla announced that its 10 millionth electric drive system globally had rolled off the line at the Shanghai plant, making it the first self-produced Tesla component to reach that volume.
More recently, the factory also produced its 4 millionth China-made vehicle, a Model Y L. The factory has also continued hitting global production milestones, rolling out Tesla’s 9 millionth EV worldwide late last year, with the landmark vehicle being a Tesla Model Y.
Tesla China’s role
Construction of Giga Shanghai began in January 2019, with production starting by the end of that year. This made it the first wholly foreign-owned automotive manufacturing project in China. The facility began delivering Model 3 vehicles locally in early 2020 and added Model Y production in 2021. The plant is now capable of producing about 1 million vehicles annually.
Throughout 2025, Giga Shanghai delivered 851,732 vehicles, representing a 7.08% year-on-year decline, according to data compiled by CNEVPost. Even so, recent months showed renewed momentum.
In December alone, Tesla China recorded wholesale sales of 97,171 vehicles, including domestic deliveries and exports, making it the company’s second-best monthly total on record, per data from the China Passenger Car Association. Retail sales during December reached roughly 94,000 units, up about 13% year over year.
Tesla stock (NASDAQ: TSLA) just got a price target boost from its biggest bear, Gordon Johnson of GLJ Research, who raised his expected trading level to one that is 95 percent lower than its current trading level.
Johnson pushed his Tesla price target from $19.05 to $25.28 on Wednesday, while maintaining the ‘Sell’ rating that has been present on the stock for a long time. GLJ has largely been recognized as the biggest skeptic of Elon Musk’s company, being particularly critical of the automotive side of things.
Tesla has routinely been called out by Johnson for negative delivery growth, what he calls “weakening demand,” and price cuts that have occurred in past years, all pointing to them as desperate measures to sell its cars.
Johnson has also said that Tesla is extremely overvalued and is too reliant on regulatory credits for profitability. Other analysts on the bullish side recognize Tesla as a company that is bigger than just its automotive side.
Many believe it is a leader in autonomous driving, like Dan Ives of Wedbush, who believes Tesla will have a widely successful 2026, especially if it can come through on its targets and schedules for Robotaxi and Cybercab.
Justifying the price target this week, Johnson said that the revised valuation is based on “reality rather than narrative.” Tesla has been noted by other analysts and financial experts as a stock that trades on narrative, something Johnson obviously disagrees with.
Dan Nathan, a notorious skeptic of the stock, turned bullish late last year, recognizing the company’s shares trade on “technicals and sentiment.” He said, “From a trading perspective, it looks very interesting.”
Tesla bear turns bullish for two reasons as stock continues boost
Johnson has remained very consistent with this sentiment regarding Tesla and his beliefs regarding its true valuation, and has never shied away from putting his true thoughts out there.
Tesla shares closed at $431.40 today, about 95 percent above where Johnson’s new price target lies.
Judge clears path for Elon Musk’s OpenAI lawsuit to go before a jury
Tesla Giga Shanghai celebrates 5 million electric drive unit milestone
