Hyundai Ioniq V goes on sale from 109,900 yuan

Beijing Hyundai launched the Ioniq V electric fastback in China on 29 September in five trims from 109,900 to 139,900 yuan (~$16,300–20,800), adding two cheaper versions to the three shown at pre-sale. A launch offer cut the entry price to 99,900 yuan (~$14,800). See the Hyundai Ioniq V model page.

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Hyundai Ioniq V goes on sale from 109,900 yuan - photo 1

A bronze Ioniq V from the front three-quarter.

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Ioniq V
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Hyundai Ioniq V
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Beijing Hyundai put the Ioniq V on sale in China on 29 September, five weeks after pre-orders opened at the Chengdu Auto Show. The launch range runs to five trims from 109,900 to 139,900 yuan (~$16,300–20,800), two more than the pre-sale list.

Five trims, two of them new

The new 540 Pro opens the range 10,000 yuan (~$1,500) below the pre-sale entry point. The new 650 Max brings the larger battery down by the same amount: at pre-sale it came only in the 139,900 yuan (~$20,800) 650 Max+, and it now starts at 129,900 yuan (~$19,300), the price of the short-range 540 Max+.

TrimBattery (kWh)Range (km, CLTC)Price
540 Pro (new)53.5540109,900 yuan (~$16,300)
540 Max53.5540119,900 yuan (~$17,800)
540 Max+53.5540129,900 yuan (~$19,300)
650 Max (new)66.8650129,900 yuan (~$19,300)
650 Max+66.8650139,900 yuan (~$20,800)

The three pre-sale trims kept their prices. On the stricter WLTP cycle the two ranges are 443 km and 533 km.

Ioniq V launch offer

For a limited period Beijing Hyundai is taking 8,000 to 10,000 yuan (~$1,200–1,500) off the list prices, so the offer prices run from 99,900 to 131,900 yuan (~$14,800–19,600). Hyundai has not said when the offer ends.

Ioniq V export plans

The Ioniq V is sold only in China for now. Hyundai CEO Jose Munoz said the company wants “to really export to other markets from China, but we want to be successful here first”, naming the UK, Europe and the Middle East, and Hyundai Australia has said it is studying the car. No export market or date has been confirmed, and Hyundai’s European communications say availability will be evaluated later.


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