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Beijing Hyundai's Ioniq V launches from 99,900 yuan, taking on China's pure-electric sedan market

Beijing Hyundai's new premium EV brand Ioniq has launched its first model, the Ioniq V, a mid-size pure-electric sedan priced from 99,900 yuan (about $14,100) during a limited-time promotion. The car offers 540km and 650km CLTC ranges, a 27-inch 4K screen with AI features, and comes with lifetime vehicle warranty and battery degradation protection.

Beijing Hyundai's new premium electric brand, Ioniq, has officially launched its first model, the Ioniq V, a mid-size pure-electric sedan aimed at China's competitive 100,000-140,000 yuan price segment. The car is available in five trims, with a limited-time promotional price starting at 99,900 yuan (about $14,100) and a regular suggested retail price range of 109,900-139,900 yuan (about $15,500-$19,700), according to Chinese outlet 电动邦 (DianDongBang).

The Ioniq V is offered with two battery-electric (BEV) powertrain options. The 540km version uses a 53.48kWh lithium iron phosphate (LFP) battery and a 140kW motor with 250Nm of torque, while the 650km version pairs a 66.85kWh pack with a more powerful 168kW motor, also delivering 250Nm. Both range figures are measured under China's CLTC standard, which tends to be roughly 15-20% more optimistic than the WLTP cycle, so real-world range is likely to be lower.

Smart cabin and ADAS as key differentiators

Rather than competing purely on price, Ioniq has loaded the V with technology aimed at closing the gap between traditional joint-venture brands and China's domestic EV makers. The car features a 27-inch 4K ultra-thin widescreen display powered by a Qualcomm Snapdragon 8295P chip, and integrates AI large language models from Baidu and ByteDance's Doubao for enhanced voice interaction. A P-HUD head-up display and Dolby Atmos audio are also available.

For driver assistance, higher-spec versions of the Ioniq V come with a system developed by Momenta, offering L2+ level assisted driving. The lineup is structured so that the 540 Max+ and 650 Max+ trims add this advanced driver assistance system (ADAS) alongside their longer-range or standard configurations.

Measuring 4,900mm long, 1,890mm wide and 1,470mm tall with a 2,900mm wheelbase, the Ioniq V adopts a coupe-like silhouette with a low stance and fastback rear, targeting younger buyers.

Lifetime warranty and battery guarantees

Ioniq is also using long-term ownership guarantees as a core selling point. The brand offers lifetime vehicle warranty, plus a battery degradation policy that promises replacement rather than repair if capacity drops below 70% within 8 years or 160,000km. In the event of a battery fire, the company says it will replace the car, with the same 8-year/160,000km coverage period.

Additional launch benefits include a free technology package with heat pump air conditioning and P-HUD/Dolby Atmos on all trims, while Max+ versions get 19-inch wheels, a powered tailgate and nine airbags. Long-range versions receive a free charging pile, discharge gun and sunroof shade for a limited time. Financial subsidies of up to 11,000 yuan (about $1,550) and trade-in allowances of up to 12,000 yuan (about $1,690) are also available, with total launch benefits exceeding 50,000 yuan (about $7,040).

The Ioniq V's launch marks Beijing Hyundai's attempt to establish a foothold in China's mainstream pure-electric sedan market, where domestic brands have dominated with aggressive pricing and feature-rich models. While the entry price undercuts many rivals, the brand's long-term credibility will depend on delivery performance, real-world ADAS capability, over-the-air updates and service network expansion, as the Chinese source notes.