Car News

Hyundai Ioniq 5 EV Launched In USA From $40,925 (Rs. 31.17 Lakh)

Hyundai Ioniq 5 EV has been spied in India. The car is now on sale in USA market

  • Hyundai has launched Ioniq 5 EV in the USA market at a base price of $40,925 (Rs. 31.17 Lakh)
  • The car has been already spotted in India that hints at possible launch in Indian market too

Hyundai Ioniq 5 EV is now available for sale in USA market. In USA Ioniq 5 gets a base price of $40,925 dollars (Rs. 31.17 Lakh). Hyundai Ioniq 5 will gets benefits worth $7,500 from US federal tax credit plus local and state incentives.

Hyundai Ioniq 5 EV Variants

The base variant of Hyundai Ioniq 5 EV gets 58 KWh battery pack. Larger 77.4-KWh battery pack variant named Ioniq 5 SE with 487 kms of range starts at $44,875 (Rs. 34.13 Lakh) for single motor. Dual motor of Ioniq 5 SE variant gets a price tag of $48,375 (Rs. 36.8 Lakh). Single motor has output of 225 horsepower while dual motor has output of 320 horsepower. Ioniq 5 SE dual motor range falls to 411 kms from 487 kms due to extra motor. Ioniq 5 EV’s mid level SEL variant starts from $47,125 (Rs. 35.84 Lakh)

Hyundai Ioniq 5 EV spotted in India

Hyundai Ioniq 5 EV India Launch

Few months ago the Ioniq 5 EV has been spotted in chennai, India. Hyundai has only one EV in it’s portfolio for Indian market and that is Kona EV. Company is planning to introduce several EV’s in India and we may see Ioniq 5 soon in the market. Right now Tata Motors is dominating the EV sales with Nexon EV. Ioniq 5 EV is potential rival of Tesla Model 3. Tesla is planning to enter India for a while now.

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