Hyundai is reportedly testing a new compact electric SUV that looks nearly identical to the Kia EV2. The vehicle was spotted charging in public and labelled with an “heist” tag, indicating it could be the IONIQ 1. This follows Kia's recent opening of EV2 orders in Europe at a price of €26,600 ($30,500). The new vehicle is expected to debut by the end of the year and could be a strategic model for the region.