Hyundai Motor India launched its all electric model Ioniq 5 priced at Rs 44.95 lakh (ex-showroom). The model is based on the company’s dedicated battery electric vehicle platform, E-GMP.
Hyundai, which already sells one EV model, Kona Electric in the country, said the price of Ioniq 5 is introductory and would hold for the first 500 customers.
“Ioniq 5 represents our shift towards future mobility with tenets that encapsulate intelligent technology, innovation and sustainability,” Hyundai Motor India MD and CEO Unsoo Kim said while launching the model at Auto Expo 2023 here.