Hyundai is stepping up its electric vehicle ambitions in China with the launch of the new Ioniq V, a mid-size electric sedan designed specifically with Chinese consumers in mind.
Beijing Hyundai, Hyundai Motor’s joint venture in China, opened pre-sales for the Ioniq V at the 2026 Chengdu Auto Show. The new EV is offered in three variants, with pre-sale prices ranging from 119,900 yuan to 139,900 yuan (about €15,270–€17,820).
The Ioniq V is scheduled to officially launch in China in September.
Hyundai Ioniq V Starts at 119,900 Yuan
The entry-level Ioniq V 540 Max is priced at 119,900 yuan (€15,270), while the 540 Max+ costs 129,900 yuan (€16,540). The range-topping 650 Max+ is priced at 139,900 yuan (€17,820).
All three versions are fully electric and offer impressive range figures for their price. Depending on the battery and configuration, the Ioniq V delivers up to 650 km of CLTC range.
The car also supports an 800-volt high-voltage electrical architecture, giving it access to Hyundai’s latest fast-charging technology.
The combination of a relatively low starting price, long range and 800V charging could make the Ioniq V a significant competitor in China’s fiercely competitive EV market.
First Ioniq Production Model Designed for China
The Ioniq V represents an important step for Hyundai in China. It is the first production vehicle from the Ioniq brand developed for the Chinese market and is based on the Venus Concept revealed at the Beijing Auto Show in April.
Development was led by Hyundai’s China design center, with the vehicle tailored to local customer preferences. Hyundai also plans to export the Ioniq V to overseas markets, although specific markets and launch dates have not yet been confirmed.
At 4,900 mm long, 1,890 mm wide and 1,470 mm tall, the Ioniq V sits firmly in the mid-size sedan segment. It has a 2,900-mm wheelbase and adopts a sleek fastback design with frameless doors.
The vehicle is built on Hyundai’s E-GMP (Electric Global Modular Platform), the same architecture underpinning several of the automaker’s latest dedicated electric models.
Two Battery Options and Up to 650 km of Range
The Ioniq V uses CATL-supplied lithium iron phosphate (LFP) batteries with capacities of 53.5 kWh and 66.8 kWh.
Single-motor versions are available with maximum outputs of 140 kW and 168 kW. The larger battery helps the top 650 Max+ achieve its headline 650-km CLTC range.
The use of LFP batteries is particularly significant in China, where the chemistry is widely adopted because of its competitive cost, durability and energy efficiency.
Combined with the E-GMP platform and 800V charging capability, the Ioniq V brings Hyundai’s latest EV technology into a price segment dominated by increasingly sophisticated Chinese electric cars.
Ioniq V Packs Advanced Technology
Hyundai is also targeting China’s rapidly evolving smart-car market with a technology-heavy interior.
The Ioniq V features a large 27-inch 4K display powered by Qualcomm’s Snapdragon 8295 automotive chip. A head-up display is also available, adding another layer of driver-focused technology.
Driver assistance is another major focus. Beijing Hyundai worked with Chinese autonomous-driving company Momenta to develop the vehicle’s system, which provides L2+ assisted-driving capabilities on highways.
The infotainment system further demonstrates Hyundai’s strategy of working with Chinese technology companies. AI functionality integrates models including Baidu’s Ernie Bot and ByteDance’s Doubao.
These features highlight how Hyundai is adapting its vehicles to a Chinese market where connected services, artificial intelligence and advanced driver assistance have become increasingly important factors in new-car buying decisions.
Hyundai’s Bigger EV Push in China
The Ioniq V arrives as Hyundai attempts to rebuild momentum in the world’s largest EV market.
Hyundai officially introduced the Ioniq brand in China in April and plans to launch 20 battery-electric and extended-range electric vehicle (EREV) models in the country over the next five years.
The company is targeting annual sales of 500,000 vehicles in China by 2030. Achieving that goal will require Hyundai to move faster on local product development while expanding cooperation with Chinese suppliers and technology companies.
The Ioniq V is therefore more than another new electric sedan. Its performance in the Chinese market will provide an early test of Hyundai’s new strategy and its ability to compete against established Chinese EV manufacturers.
With a starting price of just 119,900 yuan, up to 650 km of CLTC range and 800V charging, the Ioniq V enters the market with some strong specifications. Its success could determine how aggressively Hyundai continues its electric vehicle expansion in China and potentially other global markets.
