Hyundai has unveiled its next Chinese-built car, and it could potentially make its way to Australia. The Ioniq V sedan has been spotted in Chinese homologation documents for the first time, following its official debut at the 2026 Beijing Motor Show last month.
The Toyota Camry-sized sedan is expected to come in full-electric and range-extender variants when it goes on sale in China. This development marks a significant step in Hyundai’s strategy to expand its electric vehicle (EV) lineup in the region.
Key Highlights of the Ioniq V
- Hyundai’s electric vehicle sales have seen a substantial increase in 2026, with models like the Elexio, Inster, Ioniq 5, and Kona SUVs experiencing a boost comparable to that of BYD.
- The ‘made in China’ approach is helping Hyundai’s Elexio and Kia EV5 compete against Chinese rivals such as the BYD Sealion 7, Geely EX5, Leapmotor C10, and XPeng G6.
- Hyundai’s plan to challenge China’s automotive market includes the 2026 Elexio electric SUV being approved for sale in Australia, aiming to take on models like the XPeng G6, Geely EX5, and Tesla Model Y.
At this stage, the Ioniq V appears to be a China-exclusive model, though there is potential for a global launch in the future. This means Australia is not entirely ruled out, although no official plans have been announced yet.
A spokesperson from Hyundai Australia told CarsGuide, “We make it our business to study all overseas models and look at their potential for Australia, however there are currently no plans to launch Ioniq V locally.”
However, Hyundai’s global boss, Jose Munoz, emphasized the significance of the Ioniq V during its reveal. He stated, “With significant investments into Beijing Hyundai, 20 new models coming over the next five years, the official launch of our Ioniq brand in China and the unveiling of Ioniq V, this is the most committed, the most ambitious, and the most exciting chapter we have ever written in this market.”
“China is where the future of mobility is being defined, and Hyundai intends to help define it, In China, For China, and ultimately, for the world.”
Hyundai has already begun introducing Chinese-built cars to Australia, with the Elexio mid-size SUV serving as a gateway for future China-sourced models. The brand is also intensifying its EV push in Australia, aiming to mitigate fines incurred during the 2025 New Vehicle Efficiency Standard (NVES) performance period.
Supply and Sales Growth
The supply of unsold and pre-built stock for the Inster, Kona electric, and Elexio SUVs increased by at least 50 per cent between Q1 and Q2 of 2026, with more sales expected in the coming months.
Although limited details about the Ioniq V are available, more information is anticipated closer to its launch. One key feature is its 800-volt platform, which supports super-fast charging.
The car boasts a striking design, featuring a sloping bonnet and frameless windows. Its angular light setup and sharp creases along the body add to its distinctive appearance.
Inside, the Ioniq V offers a 27-inch central touchscreen that spans much of the dashboard, along with a head-up display.
As the first of 20 new Chinese Hyundai models planned over the next five years, the Ioniq V signals a major shift in the company’s strategy. With its advanced technology and bold design, it is poised to play a significant role in Hyundai’s global EV ambitions.
