Hyundai Ioniq 5 EV price hiked by Rs 1 lakh: New vs old price list | The Financial Express

Hyundai Ioniq 5 EV price hiked by Rs 1 lakh: New vs old price list

The Hyundai Ioniq 5 has become dearer by Rs 1 lakh and it’s now priced at Rs 45.95 lakh, ex-showroom. This electric crossover is claimed to offer a range of 631 km per charge.

Hyundai Ioniq 5
Hyundai Ioniq 5 is claimed to offer a driving range of 631 km per charge

Hyundai Motor India launched the all-electric Ioniq 5 at the Auto Expo 2023 at an introductory starting price of Rs 44.95 lakh, ex-showroom. However, the limited-period offer has now come to an end and this electric crossover has become dearer by Rs 1 lakh. The new vs old prices of the Hyundai Ioniq 5 EV are mentioned in the table below. 

Hyundai Ioniq 5: New vs old price 

Make and modelNew priceOld priceDifference
Hyundai Ioniq 5Rs 45.95 lakhRs 44.95 lakhRs 1 lakh

The Hyundai Ioniq 5 EV was launched in India at Rs 44.95 lakh, ex-showroom. However, the introductory pricing was valid for the first 500 bookings only. The Ioniq 5 has already garnered over 650 bookings and its introductory offer has come to an end. With a price hike of Rs 1 lakh, the Hyundai Ioniq 5 will now retail at Rs 45.95 lakh, ex-showroom.

Also Read: Renault, Nissan to invest Rs 5,300 crore in India: To launch six new vehicles

It’s worth noting that despite a price revision, the Ioniq 5 still costs significantly less than its direct competitors which include the Mini Cooper SE, Volvo XC40 Recharge and the Kia EV6. The Mini Cooper SE is currently priced at Rs lakh, Volvo XC40 Recharge retails at Rs lakh and the Kia EV6 costs Rs lakh, all prices ex-showroom. 

Follow: Express Drives on InstagramTwitter, and Facebook

Watch Video | Hyundai Ioniq 5 Review:

Hyundai Ioniq 5: Battery, range and performance

The Ioniq 5 gets a 72.8 kWh lithium-ion battery pack and is claimed to offer a driving range of 631 km per charge. It is based on Hyundai’s Electric-Global Modular Platform and gets a rear-axle-mounted electric motor that develops 214 bhp & 350 Nm of torque. This electric crossover can be juiced up from 10 to 80 percent in 57 minutes with a 50 kW DC fast charger.

Also Read: Hyundai Ioniq 5 vs Mini Cooper SE: Ioniq vs Iconic EVs comparison!

Stay tuned with Express Drives for more updates and also, do subscribe to our YouTube channel for the latest auto news and reviews.

Get live Share Market updates and latest India News and business news on Financial Express. Download Financial Express App for latest business news.

First published on: 14-02-2023 at 12:12 IST
Exit mobile version