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.
-
- 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
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
