2027 Hyundai Ioniq V detailed ahead of overseas launch for new dramatic wedge-shaped Polestar 4 electric car rival

Hyundai’s Chinese joint-venture has revealed more details on its upcoming Ioniq V coupe as it nears its overseas launch.

The new member of the Ioniq family moves the brand in a new design direction, but with the same retro-futuristic vibe found with the Ioniq 5 and Ioniq 9 SUVs which are sold in Australia.

The wedge-shaped coupe features a new headlight signature, with thin strip-style LEDs rather than the blocky pixel LED light fittings the Ioniq brand is known for. Interestingly, these styling motifs are also seen on the upcoming Avante (likely to be called the i30 sedan in Australia), suggesting a new design direction for Hyundai.

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The Ioniq V also features frameless doors, and an interior that's virtually unrecognisable for a Hyundai, with a dramatic and minimalist dash and new octagonal steering wheel. Like the recently launched Elexio, which is also a Chinese-built joint-venture model, the Ioniq V features a multimedia screen spanning both the centre and passenger side.

In this case it's a whopping 27 inches and has a 4K resolution. It also features a head-up display sunken into the dash, similar to the one perched atop the dash in the Elexio.

The brand also revealed the car’s exterior colour palette, which will include seven colours, from the usual white, silver, grey, and black, to more adventurous shades like gold, green and purple.

The company also confirmed it will use an array of local suppliers in China, like sourcing its 800-volt battery from CATL, its self-driving system from Momenta, and various software and hardware components from other Chinese companies.

2027 Hyundai Ioniq V

At 4900mm long, 1890mm wide, and 1470mm tall the Ioniq V is similar in size and four-door coupe design to the Polestar 4. Hyundai says its design allows for an 86 per cent usable floor area ratio.

Hyundai Australia told CarsGuide the incoming Ioniq V is “under study” for the time being.

It is likely it will be significantly more affordable than the outgoing Ioniq 6 (which started from $67,300 before on-roads), which could help the company comply with tough new emissions rules as some of its pricier Korean-sourced models struggle for sales in the face of cheaper options flooding the market from China.

2027 Hyundai Ioniq V

The Elexio, Hyundai’s first China-sourced model for Australia (priced from $58,990 before on-roads), has gone on to register 639 units since its recent arrival, nearly tripling the tally of the more expensive Ioniq 5’s year-to-date sales.

The next Ioniq model for Australia will no doubt be the Ioniq 3, although it will be sourced from Europe, casting doubt on whether it will be price competitive with Chinese rivals.

Hyundai’s renewed push into the Chinese market with its BAIC partner (which has had $1.1 billion USD invested in it) will also spawn a larger and also more dramatically styled SUV to join the Ioniq V at a later date, with 20 new models planned in total.