Beijing Hyundai Introduces E-GMP Ioniq V Electric Fastback from 99,900 Yuan

Beijing Hyundai has brought the Ioniq V to the Chinese passenger vehicle market, initiating commercial sales across five distinct equipment grades. Base pricing begins at 99,900 yuan ($14,820) under promotional incentives, undercutting the August Chengdu auto show pre-sale floor by 20,000 yuan with the addition of a new 540 Pro specification.

Built on the 800-volt Electric Global Modular Platform (E-GMP), the fastback four-door measures 4,900 mm long, 1,890 mm wide, and 1,470 mm tall on a 2,900 mm wheelbase. Energy storage relies entirely on lithium iron phosphate chemistry sourced from CATL, available in 53.48-kWh and 66.85-kWh packs. The smaller battery drives a 140-kW single motor for 540 km of CLTC range, while the larger pack pairs with a 168-kW motor to provide up to 650 km between charges.

The cabin electronic architecture runs on Qualcomm Snapdragon 8295P silicon operating a continuous 27-inch 4K instrument and infotainment panel, complemented by Baidu Ernie Bot and ByteDance Doubao natural language processing. Automated navigation across highways and designated urban corridors is powered by Momenta L2+ driver assistance software, supporting point-to-point guidance alongside automated parking routines.

The release serves as the inaugural vehicle under Hyundai's five-year localized turnaround initiative, which calls for rolling out 20 pure electric and range-extended models by 2030. Alongside introductory discounts, Beijing Hyundai is bundling lifetime vehicle coverage and battery replacement guarantees to counter aggressive domestic price competition.