New Hyundai IONIQ 5 First Look and Pricing

Yesterday was the first day of the Singapore Motorshow 2023. It was packed with media people. One of the highlights during the show (still ongoing until this Sunday) is the launch of the Made-in-Singapore Hyundai IONIQ 5.

Check out the media-only launch event, the interior of this EV, and also the pricing information.

Here are some things about the Hyundai IONIQ 5 that are related to the Singapore Market, including the pricing. Check them out.

Introducing Unique & Seamless Experiences Only for EV Drivers in Singapore

Today, Hyundai Motor Group and Komoco Motors also announced the continuation of their strategic partnership with the establishment of a unique and holistic EV ecosystem, including an end-to-end online sales platform and holistic EV care services. This aims to further support Singaporeans in the EV adoption journey.

With Singapore’s first End-To-End (E2E) online sales platform, Hyundai will provide price transparency and seamless experiences to empower the mobility of customers. To support each unique customer purchase journey – from order to production, to test drive, to servicing – this platform will provide vehicle configuration services, financing options insurance options and AI COE predictions. 

As part of the EV ecosystem, Hyundai will introduce an industry-first – EV Care Services (ECS).  By analyzing the patterns of the user’s EV usage, based on the data from Hyundai Motor Group’s global standardized Connected Car Services, the ECS will be able to offer a customized guide to improve EV battery quality and efficiency. A 10-year battery warranty and 10-year free service program will also be included. 

Komoco is committed to be a lighthouse in Singapore’s EV eco-system

An early entrant to the EV scene, with six out of its nine current range models running on hybrid or electric power units, Komoco is committed to helping the nation embrace the EV future through its complete suite of tailored services.

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On January 12, the Komoco Hyundai showroom will reopen its doors after renovations to welcome clients with a refreshed look.  With a “Refined Simplicity” theme, the new Hyundai showroom sports a design language that is elegantly minimal, impactful and future-oriented.

In September 2022, a dedicated EV Service Center at Komoco Motors, which is the world’s first Hyundai-branded facility of its kind, was opened to provide customized maintenance services to customers as part of this ecosystem. The dedicated EV specialists, advanced EV diagnostic equipment, and tools with first-of-its-kind self-help services, will be available to Hyundai EV owners at the Komoco Service Centre.

A tripartite Memorandum of Understanding was also signed between Hyundai Motor Company, the Institute of Technical Education (ITE) and Komoco Motors during the EV Service Centre’s opening to lay the pathway for ITE students to train at Hyundai and gain work experience at Komoco.

These efforts to strengthen all aspects of Komoco’s operations reaffirms the company’s longstanding partnership with Hyundai. With four decades of experience in establishing Hyundai as a household name, the Singapore automotive group is looking forward to more years ahead as a cornerstone of the country’s EV eco-system, standing by the clients’ sides throughout the lifetime of the product as well as enlarging the talent pool of EV specialists to cater to the industry’s needs. 

Mr Teo Hock Seng, Executive Chairman of Komoco Motors, said, “The car industry will undergo massive change in the next decade, and I’m glad that Komoco has already taken steps to be a lighthouse as Singapore navigates the many changes coming our way. We have the capacity to manage the growing demand for EVs and to keep them roadworthy. Komoco does not stand alone in this; we are collaborative as we work closely with Hyundai and stakeholders like institutes of learning to fill all the gaps in the eco-system.  This collaborative EV ecosystem will make EV driving a more instinctive and informed way of life for Singapore, and take the nation on this journey towards achieving cleaner and sustainable growth.”  

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Commemorating Singapore’s first EV ‘IONIQ 5 First 100’ with a Charity Auction

To commemorate the milestone of producing the first EV in Singapore, Hyundai is releasing 100 limited edition units for a charity auction via the President’s Challenge, which is a national movement to rally Singaporeans to build a caring and cohesive society together. 

The ‘IONIQ 5 First 100’ takes the highest trim and is available at $147,800, excluding the price of COE and the car number plate. All 100 special number plates will be available for bidding and full proceeds from the charity auction will be donated to the President’s Challenge. The ‘IONIQ 5 First 100’ charity auction will open at 2.30pm tomorrow and will last for 8 days until 19 January. The auction process is as below:

  • Minimum bids start at S$1,000, and this deposit is refundable. The allocation of the special number plate (EVS 1 – 100) goes to the highest bid.
  • Proceeds of the VRN (Vehicle Registration Number) bidding go towards the President’s Challenge
  • Bidding window will from 12 (2:30pm) to 19 January (6pm), or as long available VRNs remain. 
  • More details are available at  

These F100 owners will be Singapore’s ‘IONIQ 5’ Ambassadors and be advocates of the new mobility lifestyle in Singapore, with access to a dedicated program organized by Hyundai. 

Commencing pre-booking for ‘IONIQ 5’ as part of the Hyundai Charity 500 program

From tomorrow, pre-booking orders for the purchase of the made in Singapore ‘IONIQ 5’ will open on the HMGICS website, and all customers will be part of the Hyundai Charity 500 program. With every pre-booking, Hyundai will be donating S$500 to the Presidents’ Challenge and provide unique ‘Charity 500’ car badges as part of the ongoing commitment to contribute to the Singapore community. For more details about the pre-booking process, please visit 

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The ‘IONIQ 5’ has three variants: 2WD Standard Range ‘Exclusive Trim Model’ (COE Category A), 2WD Long Range ‘Prestige Trim Model’ (COE Category B), and AWD Long Range ‘Inspiration Trim Model (COE Category B). To meet the needs of the Singapore market, Hyundai has further developed the battery of the car to meet CAT A category requirements.

The ‘IONIQ 5’ is available for test drives at Komoco Motors at 253 Alexandra Road, Singapore 159936 (tel: 6475-8888).