The Hyundai Ioniq 5 is now available for just Rs 92.96 Lakh! Hyundai Nepal is launching a new variant with a 100 kW electric motor alongside the existing 125 kW model. Bookings are now open, and you can expect deliveries to start in December 2024.
Following the government's reduction of excise and customs duties on EVs with motors between 100 and 200 kW in 2023, Hyundai Nepal adjusted the price of the 125 kW Ioniq 5 from Rs 1,16,96,000 to Rs 1,02,96,000. Now, with the new motor size, the price has dropped further to Rs 92.96 Lakh.
Despite the decrease in motor power, the Ioniq 5 will retain all the features of the 125 kW model, including Rear-Wheel Drive, Vision Roof, Vehicle-to-Load (V2L) capability, Ambient Mood Lights, Power Tailgate, Rain-Sensing Wipers, Blind-Spot View Monitor (BVM), and Voice Recognition Vehicle Control, among others.