Hyundai Motor India has introduced significant discounts on the <a href="https://autoglobalnews.com/porsche-draws-inspiration-from-hyundai-ioniq-5-n-for-electric-718/” style=”color:#1a73e8;text-decoration:underline;” title=”Porsche Draws Inspiration from Hyundai Ioniq 5 N for Electri”>Ioniq 5, offering up to Rs. 10 lakh off for the MY2024 model and Rs. 2 lakh for the MY2025 variant. This move aims to clear out existing inventory while making one of the most competitive EV deals in the market.
Key Takeaways
- The Ioniq 5 is available with discounts up to Rs. 10 lakh for MY2024 models and Rs. 2 lakh for MY2025 units.
- The car’s ex-showroom price is Rs. 46.30 lakh, which can drop to around Rs. 35-36 lakh with discounts.
- With a claimed range of 631 km on a single charge and the 72.6 kWh battery pack, the Ioniq 5 offers strong value in the premium EV segment.
The Hyundai Ioniq 5 is currently available at an ex-showroom price of Rs. 46.30 lakh for MY2024 models. Discounts can reduce this to around Rs. 35-36 lakh, making it highly competitive in the premium EV segment.
Competitors such as the Tata Nexon EV MAX and Mahindra XUV700 EV offer lower prices but have smaller battery capacities and ranges compared to the Ioniq 5’s 72.6 kWh battery pack and claimed range of 631 km. The Ioniq 5 also won the Green Car of the Year Award in 2024, further enhancing its market appeal.
For MY2025 models, the discount is Rs. 2 lakh, making it a more expensive proposition compared to the MY2024 model but still competitive with other premium EVs entering the Indian market. The Ioniq 5’s advanced features and superior range make it an attractive choice for discerning buyers.
The current discounts on the Hyundai Ioniq 5 are part of a broader strategy by automakers to clear out older models before introducing newer variants. This is common practice in the automotive industry, especially with premium vehicles where technology updates can significantly enhance value.
Frequently Asked Questions
What is the discount on Hyundai Ioniq 5 MY2024?
The discount for the Hyundai Ioniq 5 MY2024 model can be up to Rs. 10 lakh, reducing its ex-showroom price from Rs. 46.30 lakh to around Rs. 35-36 lakh.
How much discount is available for the MY2025 model?
The MY2025 Hyundai Ioniq 5 offers a discount of up to Rs. 2 lakh, making it less discounted compared to its predecessor but still competitive in the market.
Hyundai’s aggressive discounts on the Ioniq 5 highlight its commitment to maintaining competitiveness in the premium EV segment and ensuring that customers benefit from substantial savings while enjoying advanced electric vehicle technology.
