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Hyundai Ioniq 5 discount reaches up to 4 lakh — Result of rising competition?
- 1Hyundai Ioniq 5 MY24 offered with discounts worth up to Rs 4 lakh
- 2Comes in a single rear-wheel-drive configuration
- 3Offers an ARAI-claimed range of 631km on a single charge
Up until the launch of the Hyundai Creta Electric, the Ioniq 5 was Hyundai’s only all-electric offering in the Indian market. At first launch, the Ioniq 5 was regarded as one of the most-sensible options in the market, owing to its attractive pricing. However, a lot has changed since then, as new EVs are launching in the market every passing month. Read on to know more about Hyundai Ioniq 5 discount and how much you can save on the electric crossover.
Hyundai Ioniq 5 discount in 2025
The Hyundai Ioniq 5 is offered with discounts reaching up to Rs 4 lakh that’s applicable on the MY24 stock. Hyundai has officially listed the discount on its India website, however, the breakdown of the discount is not available. We expect the Rs 4 lakh discount to be deductible from the ex-showroom price of the Ioniq 5, which is currently listed as Rs 46.30 lakh. Given the Rs 4 lakh discount, interested buyers can get their hands on the MY24 Ioniq 5 at Rs 42.30 lakh ex-showroom. Furthermore, certain dealerships can offer additional discounts and offers, further sweetening the deal.

Also Read: Hyundai Alcazar updated with adapter for wireless connectivity — Official jugaad
Hyundai Ioniq 5 features
Take a look at the key features of the Hyundai Ioniq 5:
- LED headlights and connected LED tail lights
- Active air flaps
- 20-inch alloy wheels
- Powered flush-fit door handles
- Fixed glass roof
- Ventilated and heated front seats
- Sliding centre console\
- 12.3-inch touchscreen infotainment system
- 12.3-inch digital instrument cluster
- Level-2 ADAS
- Bose sound system
- Drive modes
Also Read: Hyundai retains second position in FY 2024-25 sales — Catch more insights
Hyundai Ioniq 5 specifications
Speaking about its specifications, the India-spec Hyundai Ioniq 5 comes in the rear-wheel-drive single-motor avatar. Its rear-mounted electric motor puts out 217PS of power and 350Nm of torque and draws power from a 72.6kWh battery pack. Its battery pack is rated to deliver an ARAI-claimed range of 631km on a single charge. It also supports DC fast charging of up to 350kW, capable of juicing up the battery from 10-80% in under 18 minutes.
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