Seoul, Sept. 10 -- Hyundai Motor Co. unveiled its first compact electric vehicle (EV) under the Ioniq brand for the European market, as it aims to expand its presence by leveraging tariff advantages over Chinese automakers, as per a report by Pulse, the English service of Maeil Business Newspaper Korea.

The company introduced the Concept Three at Internationale Automobil-Ausstellung (IAA) Mobility 2025 in Munich, Germany, marking its first appearance at the event in four years. The report quoted Xavier Martinet, head of Hyundai's European operations, stating that production will begin in Turkey in 2026 and confirmed plans to offer EVs across six segments in Europe. Based on his remarks that the name "Concept Three" signals the final mode...