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Beijing Hyundai launches Ioniq V from 99,900 yuan, its most affordable premium EV

Beijing Hyundai's new Ioniq V electric sedan starts at 99,900 yuan ($14,070) in China, with a CLTC range of up to 650 km and a lifetime vehicle warranty.

Beijing Hyundai has launched its new Ioniq V premium electric sedan in China, with a limited-time starting price of 99,900 yuan (about $14,070) and a top trim at 131,900 yuan (about $18,580). The model is the automaker's first high-end new-energy vehicle under its joint-venture brand, according to Chinese outlet D1EV.

Six-point value pitch

The Ioniq V is positioned around what Beijing Hyundai calls its "six good" values: good looks, good driving, good intelligence, good safety, good quality and good price. The company says the car is designed to address common pain points in China's EV market, such as quality concerns, software glitches and rapid price cuts.

At the launch event, Beijing Hyundai general manager Li Fenggang appeared on stage with actor Fan Chengcheng, the vehicle's first owner, to announce the pricing and a "360" purchase policy that includes up to 10,000 yuan in discounts, more than 50,000 yuan in total benefits, a lifetime vehicle warranty, and six free configuration upgrades.

Specs and range

The Ioniq V measures 4,900 mm long, 1,890 mm wide and 1,470 mm tall, with a 2,900 mm wheelbase. It is powered by a CATL NP3.0 battery with a maximum capacity of 66.8 kWh, delivering a CLTC range of up to 650 km. In WLTP terms, that equates to roughly 520-550 km (est.), as CLTC figures tend to be 15-20% more optimistic. The car accelerates from 0-100 km/h in 7.8 seconds.

Inside, the Ioniq V comes with a 27-inch ultra-thin 4K display, a Qualcomm Snapdragon 8295P chip, 24 GB of RAM, and dual AI large language models from Baidu's Ernie and ByteDance's Doubao. It also features a 11.98-inch head-up display with a 30,000:1 contrast ratio and Dolby Atmos audio tuning.

For driver assistance, the Ioniq V uses the Xingdong ZhiXing system developed with Momenta, trained on 17 billion km of real-world driving data. It supports highway and urban NOA (city advanced driver assistance), including memory-based navigation for up to 10 routes of 150 km each. The car also offers full-scene automated parking for narrow and dead-end spaces.

Safety features include a body with 74% high-strength steel, nine airbags, a 2.05-meter side curtain airbag that holds pressure for about 6 seconds, and a battery bottom shield that withstands 200 joules of impact, exceeding China's national standard by 33%. Beijing Hyundai says the battery can alert drivers within 22 seconds of a thermal event and maintains power for 5 minutes after a fault to allow evacuation.

The Ioniq V underwent 36 months of development with 1,500 Chinese engineers, equivalent to 1.2 million km of durability testing across more than 30 extreme road conditions. The company claims battery degradation stays below 4% after 100,000 km of real-world use.

Beijing Hyundai says the Ioniq V marks the start of its "new energy 2.0 era" and offers a template for joint-venture brands transitioning to EVs in China, combining global quality standards with local Chinese technology. The company plans to eventually export the model to global markets.