BHPian jeevadeepan recently shared this with other enthusiasts.Intro:Hello everyone! It’s been almost a year and half since I purchased my 2022 Genesis GV80 and wanted to post a short summary of my experience so far.
Hyundai Motor Company Unveils the “Ioniq 5”
The Hyundai Motor Company has decided to set the price for the long-range version (72.6 kWh) of the “Ioniq 5” to be between $46,800 (52 million KRW) and $47,300 (52.5 million KRW). Considering an individual consumption tax benefit of up to $2,700 (3 million KRW) and a government subsidy of $10,800 (12 million KRW) (based on the Seoul Special City), one can actually purchase the version for about $33,300 (37 million KRW).
By deciding on a price lower than the price of Tesla’s most popular model “Model 3 Standard Range Plus ($49,300 (54.79 million KRW)), it will be interesting to see whether the company is able to hold back the current Tesla frenzy in South Korea.