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Hyundai IONIQ 5 Gets a Major Price Hike in Nepal: Premium Electric SUV for Premium Price!

Hyundai Nepal has raised the price for the Hyundai Ioniq 5 in the Nepali market.

Hyundai Ioniq 5 price nepal
Hyundai Ioniq 5

Laxmi Intercontinental, the authorized distributor of Hyundai vehicles in Nepal, has officially unveiled the latest pricing. It seems though the most-advanced electric SUV will get a premium price tag.

Hyundai Ioniq is an all-new electric SUV, based on a new platform with futuristic styling and premium features.

Hyundai Ioniq 5 price in Nepal is now Rs. 1.16 Crore. Moreover, it will only be available in the Vision Roof option.

Previously, the price started at just Rs. 80.96 Lakhs. That is more than a massive 44% increase in the overall price.

According to Budget 2022/23, the government subjects 30% excise and customs duty on electric cars with 100kW to 200kW Motor. Unfortunately, the Ioniq 5 falls into that category because of its 125kW Motor.

This should come as shock for many planning to buy the Ioniq this festival season.

With that said, let’s take a quick look at the Hyundai Ioniq 5 in Nepal along with its key details.

Hyundai Ioniq 5 Specifications

  • Motor: Permanent Magnet Synchronous Motor (PMSM)
  • Dimension: 4635 x 1890 x 1605 mm
  • Wheelbase: 3000 mm
  • Max Power: 125 kW (170 PS)
  • Max Torque: 350 Nm
  • Transmission: Automatic
  • Drive Type: RWD
  • Top Speed: 185 Kmph
  • Battery Capacity: 58 kWh
  • Range: 375 Km
  • Charging Time: 7 Hours (with Hyundai’s AC Wall Charger)
  • Front Tyre: 235/55R19 – Disc
  • Rear Tyre: 235/55R19 – Disc
  • Tubeless Tyres: Yes
  • Safety System: Airbags, ABS, ESC, HAC
  • Suspension Setup: McPherson Strut and Multi-Link Type
  • Seating: 5-Seater
  • Storage Capacity: 527 liters
  • Extended Capacity: 1587 liters
  • Ground Clearance: 160 mm
  • Kerb Weight: 1830 – 1910 kg
  • Colors: Grey, Black, White, Gold, Green, Blue

Hyundai Ioniq 5 Price in Nepal: Rs. 1,16,96,000

Hyundai Ioniq 5 Overview


Hyundai Ioniq 5 will be a fresh take on EVs.

It features a pure design, resembling a futuristic SUV. Moreover, it removes traditional stylistic elements for clean lines and minimalistic structures.

It sports a unique clamshell hood that spans the entire width. As a result, it minimizes panel gaps to give a clean and high-tech look.

Interestingly enough, it isn’t the high point for the Ioniq 5.

Hyundai Ioniq 5 Front Styling
Hyundai Ioniq 5 Front Styling

The front section comes with signature Parametric Pixels lights. Furthermore, the 256 cubic pixels help maintain a unique jewel-like aesthetics.

In contrast, the side section comes with a simpler styling but maintains a geometric appeal.

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Nevertheless, the side graphics, flush door handles, and 19-inch aero-optimized wheels highlight the side styling.

Similarly, the rear section also features the same LED lighting design. It is highlighted by unique rectangular rear lights and a Rear Spoiler with an Integrated Brake light.

While it is a Crossover SUV, the distinctive styling may give it a futuristic hatchback look.

Hyundai Ioniq 5 Rear Styling
Hyundai Ioniq 5 Rear Styling

Moving on inside, it continues the futuristic feel.

Hyundai has completely redesigned the interior from the ground up. It sports elements like a spacious cabin, premium comfort, and futuristic features.

Additionally, Hyundai Ioniq 5 is available in Grey, Black, White, Gold, Green, and Blue.


Hyundai Ioniq 5 is powered by a Permanent-Magnet Synchronous Motor (PMSM). It can generate a max power of 170PS and a max torque of 350Nm.

Ioniq 5 comes with a 58kWh Lithium-Ion Polymer battery.  Moreover, the onboard 10.5kW charger can fully charge the battery in 7 hours.

Hyundai Ioniq 5 Side Styling
Hyundai Ioniq 5 Side Styling

As for the range, Hyundai claims an average range of 375Km per charge.

Additionally, the Solar Roof will offer further assistance to extend the overall range. However, it cannot solely charge the SUV.

ALSO READ: Hyundai Kona Priced Revised for Nepal: Rs. 2.60 Lakhs Costlier Than Before!

Ioniq 5 will be the first EV built on Hyundai’s Electric-Global Modular Platform (E-GMP). It is a brand new platform than previously seen in Hyundai Kona and Hyundai Ioniq.

Hyundai claims that it enables faster charging, increased driving range, spacious interior, and better handling.

Additional Details

The dimensions are 4635mm in length, 1890mm in width, and 160mm in height.

Hyundai Ioniq 5 comes with a 160mm ground clearance. Furthermore, the kerb weight stands at 1830-1910 kg.

Moreover, it boasts 527 liters of standard luggage capacity. This can be extended up to 1587 liters with the rear seats down.

It will be available in 235/55 section 19-inch futuristic alloy wheels.

ALSO READ: Kia Niro EV Makes a Comeback in Nepal with a New Pricing!


Here is a quick highlight of interesting features in the Hyundai Ioniq 5.

Hyundai Ioniq 5 Interior
Interior in Hyundai Ioniq 5

Hyundai Ioniq 5 Features Highlight

  • Bolder Futuristic Design
  • 125kW PMSM Motor
  • 58kWh Lithium-Ion Polymer Battery
  • Signature 256 cubic Parametric Pixels Lighting
  • E-GMP Platform
  • 12.3-inch High Tech Infotainment System
  • 12.3-inch Full Digital Meter
  • Automatic Dual Zoned AC
  • Interior Mood Lighting
  • Power Tailgate
  • Fast Wireless Charging and USB Charging Ports
  • 19-inch Aero-Dynamic Alloy Wheels
  • 7-Airbags
  • ABS + ESC + HAC
  • Regenerative Braking
  • Larger Wheelbase
  • Panoramic Sunroof

Hyundai Ioniq 5 Price in Nepal and Availability

As for the pricing, the Hyundai Ioniq 5 price in Nepal starts at Rs. 1.16 Crore. Furthermore, it will only be available in a single variant: Vision Roof.

Hyundai Ioniq 5 Variants Price in Nepal Old Price
Hyundai Ioniq 5 GLS – Vision Roof Rs. 11696000 Rs. 8096000
Hyundai Ioniq 5 GLS – Solar Roof Not Available   Rs. 8196000

ALSO READ: BYD e6 Electric SUV Gets Expensive in Nepal: Now Costs Rs. 1.50 Lakhs More!

Previously, there was an additional Solar Roof option.

Both variants came with the same feature set, styling, and performance. However, the Vision Roof variant includes a Panoramic Sunroof whereas the Solar Roof includes a Solar panel for assisted charging.

Interested individuals can contact the nearest Hyundai showroom for more information.

Hyundai Ioniq 5 will compete against the Kia EV6 and Tesla Model Y.

It was one of the most advanced, feature-rich, and one-of-a-kind electric SUVs in the Nepali market. However, the recent Budget announcement ruined it for everyone.

And now, it is only available for those ready to pay the premium.

Frequently Asked Questions

Who is the authorized distributor of Hyundai Ioniq 5 in Nepal?
Laxmi Intercontinental is the authorized distributor of Hyundai Ioniq 5 in Nepal.

What is the price of the Hyundai Ioniq 5 in Nepal?
The price of the Hyundai Inoiq 5 in Nepal is Rs. 1.16 Crore.

Do I have to pay a yearly tax on Hyundai Ioniq 5?
Yes, there is a yearly tax on Hyundai Ioniq 5. It is Rs. 15,000 for the 125kW Motor.

What is the ground clearance for Hyundai Ioniq 5?
The ground clearance for Hyundai Ioniq 5 is 160mm.

Where can I get more information on Hyundai Ioniq 5?
You can get more information on Hyundai Ioniq 5 at Hyundai Showroom at Thapathali.

Also, watch our Hyundai Ioniq 5 Impressions!


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