Rumour: Hyundai Ioniq 5 electric car to be assembled in India

Hyundai is planning to bring the Ioniq 5 to India via the CKD route, which should help them undercut the Kia EV6 by a big margin.

The Hyundai Ioniq 5 will be the brand's second all-electric model for India. It is expected to be launched later this year, and contrary to previous reports, Hyundai could opt to assemble the car in India.

According to a media report, Hyundai is planning to bring the Ioniq 5 to India via the CKD route, which should help them undercut the Kia EV6 by a big margin. The carmaker is reportedly targeting the Rs. 50 lakh price bracket. However, it is said that the high demand for the car in the global market and supply constraints would delay its launch to the end of this year.

The Ioniq 5 is based on Hyundai's Electric-Global Modular Platform (E-GMP). Globally, the car is offered with two battery options: 58 kWh and 72.6 kWh, offering up to 480 km of range (WLTP cycle). The base version is powered by a single electric motor which has an output of 165 BHP and 350 Nm. The dual-motor version packs 298 BHP and 605 Nm and is said to accelerate from 0-100 km/h in just 5.2 seconds.

Source: Autocar India