Beijing Hyundai has opened pre-sales for the Ioniq V, a sleek mid-size sedan and the first production model to carry Hyundai’s new China-exclusive Ioniq sub-brand. Pricing starts at 119,900 yuan, roughly $17,600, and tops out at 139,900 yuan, around $20,600, for the fully loaded trim.
For comparison, the cheapest EV sold in America, the 2027 Chevrolet Bolt, starts at $28,995. That means even the Ioniq V’s top trim comes in over $8,000 cheaper than the least expensive EV currently available in the US.
Hyundai Ioniq V Specs and Pricing
According to CarNewsChina, the lineup breaks down into three variants: the 540 Max, 540 Max+, and 650 Max+, with pricing scaling up based on range and feature set. All three run fully electric, using CATL’s lithium iron phosphate batteries in either 53.5 kWh or 66.8 kWh capacities, translating to a CLTC-rated range between 520 and 650 kilometers depending on which trim you choose.
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Every trim supports 800-volt fast charging too, a genuinely premium feature at this price range. Inside, the cabin centers around a massive 27-inch 4K display running on Qualcomm’s Snapdragon 8295 chip, paired with a head-up display and driver assistance tech co-developed with Momenta for highway-level automation.
The infotainment system also integrates two separate Chinese AI models, Baidu’s Ernie Bot and ByteDance’s Doubao, letting drivers interact with either assistant built directly into the car. This reflects a growing pattern among Chinese automakers, stacking multiple AI systems into a single vehicle.
Hyundai Ioniq V Built Specifically for China
The entire car was designed from the ground up by Hyundai’s China Design Centre, built on the Venus Concept first shown back in April, specifically aimed at competing in China’s fiercely competitive EV market. Hyundai plans to roll out 20 new electrified models across China over the next five years, targeting 500,000 units sold annually by 2030.
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The Ioniq V officially goes on sale in September, and Hyundai has already hinted at eventually bringing this design language to markets beyond China.
Whether US buyers will ever see anything close to this pricing remains an open question the industry keeps circling back to, especially as Chinese automakers keep pushing EV prices down faster than American manufacturers have managed to match.
