Hyundai launches Ioniq 5 EV at Auto Expo 2023

Hyundai Ioniq EV5 Credits: Hyundai

The carmaker said that the Hyundai Ioniq 5 is available for booking for ₹1 lakh via its website for the Indian market.

Hyundai Motor India launched its second electric vehicle (EV) in the country, the Hyundai Ioniq 5 electric SUV, on Thursday at the Auto Expo 2023.

Hyundai’s flagship EV is priced at ₹44.95 lakh and is available in a single configuration for India, with a single electric motor which along with the 72.6kWh battery pack gives it a claimed ARAI-certified range of 631 km. The car can be booked for a sum of ₹1 lakh, via Hyundai’s website.

Hyundai is planning to introduce five more battery electric vehicles (BEVs) apart from the Ioniq 5 by 2028 with an investment of ₹4,000 crores. The Ioniq 5 is the first product to be based on Hyundai Motor Group’s electric-global modular platform (e-GMP). The fully imported KIA EV6, priced at ₹59.96 lakh, is also based on the same platform.

In a grand unveiling ceremony at the Auto Expo 2023, by Bollywood actor Shah Rukh Khan, Hyundai unveiled the Ioniq 5 electric UV signalling a new phase that the brand is entering in the country. Hyundai said that the EV could be charged from 10% to 80% in just 18 minutes with a 350kW DC charger.

Along with the Ioniq 5, Hyundai also unveiled the second of its six BEVs built on the e-GMP platform – the Ioniq 6. It is an electric sedan with an aerodynamically optimised shape inspired by streamliner trains of the past. It made its global debut in mid-2022 and is now being showcased at the Auto Expo alongside the newly launched Ioniq 5. The car is unlikely to be available for sale in India and intends to compete with global EV models by companies such as Tesla.



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