Hyundai bets on the Ioniq V in China: A new EV built with BAIC to restart growth

Hyundai has unveiled the Ioniq V, a new electric vehicle developed specifically for China as it tries to rebuild momentum in the world’s largest car market.

The model was revealed at the Beijing Auto Show and is positioned as the first major product of Hyundai’s refreshed local push.

The Ioniq V was created with Beijing Automotive Group Co. through Beijing Hyundai, the long-running joint venture between the two companies. Hyundai is leaning more heavily on localized development and sourcing as competition intensifies and consumer expectations shift rapidly in China.

Big-screen cabin, long-range claim

Hyundai says the Ioniq V measures 4 900 mm long and 1 890 mm wide, with a 2 900 mm wheelbase, placing it in the larger end of the mainstream EV segment.

The company is targeting up to 600 km of range under China’s CLTC test cycle, though key technical details are still pending.

Inside, the Ioniq V features a 27-inch 4K display and a head-up display designed to keep essential driving information in the driver’s line of sight. Hyundai also highlights an eight-speaker sound system with Dolby Atmos and added efforts to reduce road and wind noise.

Suppliers signal a localized tech stack

The vehicle’s in-car assistant runs on Qualcomm’s Snapdragon 8295 platform, reflecting the rising importance of high-performance computing in new China-market models.

Hyundai says advanced driver assistance features are supported by Momenta, a major local supplier in the driver-assist space.

Battery cells are supplied by CATL, the dominant name in China’s EV battery market, but Hyundai has not yet disclosed capacity, charging specifications, or powertrain configurations. Those missing figures will be closely watched, as price-to-spec comparisons often decide winners in China’s crowded EV field.

The Ioniq V is also framed as the opening move in a broader product wave, with Hyundai aiming to launch 20 new models in China over the next five years, including BEVs and EREVs.

The company has set a goal of reaching 500 000 annual sales in China, making upcoming pricing and final specs pivotal to whether this reset gains traction.