If you have been looking for a premium electric SUV for a long time, then this opportunity should not be missed. Hyundai launched its flagship EV Ioniq 5 but till now Biggest discount – up to ₹10 lakh Has been implemented. Earlier the company was offering up to Rs 7 lakh, but from November 2025 it will be increased. 10 lakhs Has been done. These offers are available on the company’s website and showrooms. officially live Is.

Which model is getting such a big discount?

This huge discount 2024 model-year (MY2024) units only Is applicable on.
Discounts on 2025 models are quite low – approx. ₹1.5–2 lakh Till now only.

Therefore, if you choose 2024 manufacturing unit, you can get the maximum benefit.

How much will the price decrease? (Real-world Calculation)

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  Ioniq 5 ex-showroom price: approx ₹46.05 lakh

  
  


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  MY2024 Discount: up to ₹10 lakh

  
  


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  Additional Benefits on Dealer Negotiation + Exchange + Loyalty: Possible up to ₹1-1.30 lakh

  
  

That means overall you can buy Ioniq 5 Approximately ₹35–36 lakh (Ex-showroom equivalent) You can buy it for approx.
On-road price including insurance and RTO ~₹39–40 lakh Which is very aggressive in this segment.

Why does the Ioniq 5 seem value-for-money?

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  72.6 kWh battery pack

  
  


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  ARAI Claimed Range: 631 km

  
  


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  Ultra-fast charging support

  
  


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  Premium E-GMP Platform

  
  


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  Spacious cabin + premium interiors

  
  


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  High resale value + Hyundai’s strong after-sales service

  
  

At this price the Ioniq 5 gives direct competition:

The Ioniq 5 is still the most balanced option in features + range + premium ride quality.

Auto Sector Update: Pressure increases in EV market

Competition in the EV market has intensified in 2025. GST still 5% Due to which the prices of premium EVs remain high. Companies are offering big discounts to clear stock and make room for new models — the Ioniq 5 is part of that strategy.

Would it be a good idea to buy? (Expert Tips)

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  if you Stable charging facility + 400–500 km actual range If you need this EV now Most premium and cheapest price But getting it.

  
  


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  Choose the MY2024 model — that’s where the biggest benefits will be found.