Hyundai has a phased plan for the electrified future. Its Sonata PHEV is now on the road (and on the cover of the current issue of Charged).

The Korean automaker is now turning up the voltage another notch with the Ioniq, a five-door hatchback that will be offered in hybrid, PHEV and EV models. Hyundai has just released a couple of photos of the hybrid version, along with some details of the hybrid powertrain.

The Ioniq is built on a new platform shared with the 2017 Elantra. It makes use of many aluminum components, which Hyundai says provides a weight reduction of as much as 45 percent, compared to an all-steel vehicle.

The company claims that the 1.6-liter, 103 hp four-cylinder engine delivers 40 percent thermal efficiency, rivaling that of the current king of hybrids, the 2016 Toyota Prius.

A 43 hp electric motor, 6-speed dual clutch transmission and Li-ion polymer battery round out the powertrain. Fuel economy is estimated at 52.7 mpg (on the Korean testing cycle).

The hybrid Ioniq will go on sale in Korea later this month, starting at 22.9 million won ($19,145). It will be followed by the electric and plug-in hybrid versions.

Source: Hyundai via Green Car Reports