Hyundai’s first Ioniq-branded model for the Chinese market, the Ioniq V, is set to go on sale September 29 with a starting price of RMB110,000, or approximately $16,500, for a midsize electric sedan equipped with an advanced powertrain and technology.
Hyundai Ioniq V Starts at RMB110,000
The Hyundai Ioniq V has been available for pre-sales since August, with three configurations priced at RMB110,000, RMB119,900 ($17,850), and RMB139,900 ($20,850). It remains to be seen if and how those prices will change after the full launch on September 29.
Even at those pre-sale prices, the Ioniq V offers a notable package for a midsize sedan measuring 192.9 inches in length, 74.4 inches in width and 57.9 inches in height. Its wheelbase measures 114.2 inches.
Designed Specifically for the Chinese Market
Styled by the Hyundai China Design Center, the Ioniq V is described as a strategic model developed specifically for Chinese consumers. The low-slung fastback sedan is distinct from the Ioniq 5 sold in global markets.
The Ioniq V is rumored to become available in other markets around the world, although Hyundai has not made an official announcement about broader availability. The automaker said availability in other regions “will be evaluated at a later stage.”
The chances of the Hyundai Ioniq V reaching the U.S. appear limited because of its China-developed software, regulatory, and charging ecosystem alignments that are currently banned in the United States.
Up to 404 Miles of Range
The Hyundai Ioniq V is built by the Beijing Hyundai Motor joint venture on Hyundai’s E-GMP (Electric Global Modular Platform), which is shared with many other Hyundai, Kia and Genesis EVs.
The electric sedan is available with two single-motor versions producing 188 horsepower and 225 hp, respectively. Buyers can choose between 53.5-kWh and 66.8-kWh battery packs, both of which use lithium iron phosphate (LFP) chemistry and are supplied by CATL.
Beijing Hyundai quotes driving ranges of 323 miles and 404 miles, respectively. Those figures are based on China’s CLTC test cycle, whose range ratings can be 30-35% higher than America’s EPA cycle.
Like most E-GMP-based EVs, the Hyundai Ioniq V also features 800-volt high-voltage fast charging.
Advanced Technology and Level 2+ Driving Features
The Ioniq V comes with a range of smart features, including a 27-inch 4K ultra-slim central infotainment screen powered by Qualcomm’s Snapdragon 8295 cockpit chip.
The system integrates AI large language models, including Baidu’s Ernie Bot and ByteDance’s Doubao. The vehicle also features a “Cyber Eye” head-up display system.
Its advanced driver assistance system, jointly developed by Beijing Hyundai and China’s Momenta, enables Level 2+ highway driving functions.
First Test of Hyundai’s Latest China Strategy
As local website CnEVPost reports, the launch of the Ioniq V will serve as the first market test of Hyundai’s latest China strategy, which began with the debut of the Ioniq brand in April.
The Korean automaker plans to launch 20 battery electric vehicle (BEV) and extended range electric vehicle (EREV) models over the next five years in China, with a goal of growing yearly sales to 500,000 units by 2030.
