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There might be a Hyundai ute on the horizon, and recent trademark filings have ignited speculation about the South Korean automaker’s potential entry into the electric ute market.
The trademarked name ‘Hyundai Ioniq T10’ has come to light, hinting at a possible electric and truck-like variant in the works.
The discovery of the ‘Hyundai Ioniq T10’ name being trademarked in Australia is a step in seeing Hyundai’s first-ever ute locally. While there is no official confirmation from Hyundai, the trademark filing suggests a significant development in Hyundai’s future plans. The ‘Ioniq’ in the name points towards an electric model, while the ‘T’ may signify a truck-like design, potentially a large pickup.
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Hyundai Group’s Ute Development
The larger Hyundai Group has been actively developing a ute within its network of brands. Although details remain scarce, the possibility of a Hyundai-branded variant cannot be ruled out. The popularity of utes in Australia makes it a compelling market for such a vehicle, and Hyundai might be gearing up to meet this demand.
Potential Timeline and Model Details
While there is no official green light for a dual-cab ute project, industry insiders speculate that any potential launch might be a few years away. With no concrete clues beyond the trademark filing, it’s likely that the project is still in its early stages of development. If approved, we might not see the Hyundai Ioniq T10 until after 2025, leaving enthusiasts eagerly awaiting further details.
Current Offerings and Alternatives
In the meantime, Hyundai caters to tradies with the Staria Load, a popular van designed for hauling loads. While the Hyundai Santa Cruz, a lifestyle ute produced for North America, is not available in Australia, the potential introduction of the Hyundai Ioniq T10 could fill this gap in the market.
As your finance experts providing a range of car loan products to suit different needs, Get You Finance is here to help you get into a new ute or other car quickly. Contact us now, and let our team handle the rest for you.