Finance
Hyundai Motor India has unveiled the Ioniq 5. Pre-orders are now open, and official pricing will be announced at the Auto Expo 2023. It can be reserved online on the company’s official website for a nominal fee of Rs 1 lakh. The Hyundai Ioniq 5 is the company’s second electric vehicle for the Indian market, following the Kona EV.
Hyundai Ioniq 5: Battery, range and charging
The larger 72.8 kWh lithium-ion battery pack will be used in the India-spec Ioniq 5, which is expected to provide a driving range of 631 km per charge (ARAI-certified). This electric crossover can be charged from 10% to 80% in just 18 minutes using a super-fast 350 kW DC charger.
Hyundai Ioniq 5: Platform and performance
The Hyundai Ioniq 5 is built on the company’s new Electric-Global Modular Platform (E-GMP). When it comes to the powertrain, its electric motor produces 214 bhp and 350 Nm of peak torque. This EV also includes innovative V2L (vehicle-to-load) technology, which allows customers to power electrical appliances up to 3.6 kW from both inside and outside the vehicle.
Hyundai Ioniq 5: Price and rivals
The prices of the all-new Hyundai Ioniq 5 will be revealed at the Auto Expo 2023 next month. It will be this South Korean automaker’s new flagship model for the Indian market, and it will be assembled locally to keep prices low. The Ioniq 5 will compete with vehicles such as the Kia EV6 and the Volvo XC40 Recharge, etc.
Here’s what the company said:
Commenting on the announcement, Unsoo Kim, MD & CEO, Hyundai Motor India Ltd., said, “Hyundai IONIQ 5 is a grand statement of conscious consumerism. As committed, we will introduce this world-class BEV SUV to induce customer delight and usher in the future transformation of India’s automotive landscape. Hyundai IONIQ 5 is a strong step in this direction and with its intelligent technology and innovation, this BEV will bring us closer to a sustainable future.”
He further added, “To foster and build an outlook that venerates the company’s testament to India’s progress, growth, and incessant development, we are glad to announce the commencement of bookings for Hyundai IONIQ 5 starting 21st December 2022 at this iconic landmark ‘Gateway of India’. Showcasing the technological prowess of Hyundai IONIQ 5, using the V2L feature, we illuminated the iconic ‘Gate Way of India’ in a one-of-a-kind demonstration.”
Source:FE
