In Pics: Hyundai to launch Ioniq 5 EV as brand's second electric vehicle in India
Hyundai will also bring its dedicated electric global modular platform (E-GMP) to India and the electric vehicles built on the E-GMP platform will have a range of up to 800 kilometres on a single charge, says Hyundai.
Hyundai has announced its aspirational EV plans stating that the company plans to invest Rs 40 billion ($530 million) to launch six electric vehicles in India by 2028. Hyundai, India's second largest carmaker, will launch the Ioniq 5 EV as its second electric car in the country. Apart from the same, Hyundai to offer affordable and premium electric models including sport utility vehicles (SUVs) and sedans, starting with Ioniq 5 in 2022. Hyundai has also officially unveiled the range and efficiency figures for the electric hatchback. The Ioniq 5 with 225-horsepower single-motor version with the 77.4-kWh battery pack will have 488 km mileage and it's the most efficient version of the car. There's also a second motor that can be added to churn out 320 horsepower and all-wheel drive with 412 km range.