Hyundai Ioniq 5 locally assembled in Singapore – CKD units of First 100 edition to get special Merlion badges

Hyundai Ioniq 5 locally assembled in Singapore – CKD units of First 100 edition to get special Merlion badges

The Hyundai Ioniq 5 will be assembled in Singapore beginning with the Ioniq 5 First 100 limited edition for the Singaporean market, and this will be shown at the Singapore Motor Show that will be taking place in the city-state from January 12 to 15.

This will be made at the Hyundai Motor Group Innovation Centre (HMGICS) that is located in the Jurong Innovation District (JID), which Hyundai has said will assemble 30,000 vehicles a year, according to the manufacturer.

The Ioniq 5 First 100 will be distinguished by design cues such as the Gravity Matte Gold exterior paint finish, interior in Dark Pebble Grey, ‘First 100’ badging, ‘First 100’ debossing on the seats, as well as commemorative number plates for the initial run of 100 units assembled in Singapore.

The brand is taking registrations of interest for the limited-edition EV in this market, and this run of 100 vehicles will be made available for bidding from tomorrow at 2:30pm.

In Malaysia, the Ioniq 5 was launched in March 2022 and is sold in three variants from RM207,808 beginning with the Lite, joined by the Plus at RM238,408 and topped by the Max at RM270,408. The Lite and Plus variants employ a 58 kWh battery and a single 170 PS/350 Nm motor driving the rear wheels, while the Max gets a 72.6 kWh battery and a 305 PS/605 Nm dual-motor, all-wheel-drive powertrain.

Locally for Malaysia, a new batch of the Ioniq 5 for the 2023 model year has been sighted with some detail differences compared to the outgoing 2022 model year, such as the omission of the solar roof and the addition of a head-up display (HUD) projector unit for the driver.

Elsewhere in Europe, updates were announced for the Ioniq 5 last February for the 2023 model year. These include a larger 77.4 kWh battery for the top variants, coming courtesy of two additional battery modules in the battery pack.

Joining the update are optional Digital Side Mirrors, or cameras in place of traditional mirrors and which feed video to displays on the interior door cards, as well as the Digital Centre Mirror (DCM) option that employs a video feed from a camera below the rear spoiler in place of a traditional centre interior-mounted mirror.

GALLERY: 2022 Hyundai Ioniq 5 Max 72.6 kWh AWD in Malaysia

Looking to sell your car? Sell it with Carro.

10% discount when you renew your car insurance

Compare prices between different insurer providers and use the promo code 'PAULTAN10' when you make your payment to save the most on your car insurance renewal compared to other competing services.

Car Insurance

Mick Chan

Open roads and closed circuits hold great allure for Mick Chan. Driving heaven to him is exercising a playful chassis on twisty paths; prizes ergonomics and involvement over gadgetry. Spent three years at a motoring newspaper and short stint with a magazine prior to joining this website.



  • Nga Kor Ming on Jan 11, 2023 at 11:09 am

    As long as we have protective policies for our car brands, many major automotive brands will shy away from opening car factories in Malaysia. Anwar, please do something, if not another failed government.

    Like or Dislike: Thumb up 30 Thumb down 4
    • FudgeMeSideways on Jan 11, 2023 at 1:12 pm

      Ada jugak sesetengah rakyat yg berlaung “Social Contract!” sampai mulut berbuih. Ni la salah satu kesan nya kepada ekonomi negara.

      Like or Dislike: Thumb up 4 Thumb down 1
    • It not that major automotive brands will shy away from us. They wanted to set up plants in the country but was denied on grounds it may harm proton. This is one reason why our country has stagnated and why just a few elites gets to be rich at the expense of the many.
      Singapore was chosen because , like Vietnam, they have free trade agreements with all major trading blocs. So whatever they manufacture, it gets to US, australia, asean, EU, japan, south korea, china, tarrif free.
      We on the other hand, place bumi policies first, and makes free trade agreement very difficult. Unless we abolish the bumi policies, not many investors are keen as need bumi partners etc.

      Like or Dislike: Thumb up 11 Thumb down 10
      • Anti CCP on Jan 12, 2023 at 10:04 am

        if you are so against bumis rights then why are you still living here? Get out

        Like or Dislike: Thumb up 0 Thumb down 0
    • Celup King on Jan 11, 2023 at 3:30 pm

      B4 Anwawr, all are coming to Mesia even Porsche.
      Anwar jadik PM, all are going away.

      Under Anwar we will become another failed state soon. Hail our Celup King!

      Like or Dislike: Thumb up 16 Thumb down 10
  • newme on Jan 11, 2023 at 11:12 am

    Assemble in Sg? How much are they going to sell?

    Like or Dislike: Thumb up 4 Thumb down 2
    • macampondan on Jan 11, 2023 at 12:17 pm

      imagine .. assemble in SG and yet they can still build a business case for it.

      Good thought on why they didn’t go to MY?

      Same goes to why so many regional HQ MNCs goes to SG and yet not cheaper MY?

      Why cloud data centers goes to SG and only recently MY getting a small piece of it.

      All this brings us to the point why big companies not coming to MY.

      Good to think why.

      Like or Dislike: Thumb up 20 Thumb down 3
      • Ex Anwar Supporter on Jan 11, 2023 at 1:13 pm

        Ask Anwar why we can’t attract high tech investments here.

        Like or Dislike: Thumb up 9 Thumb down 2
        • newme on Jan 11, 2023 at 4:35 pm

          You think Hyundai made decision only 2 months ago?

          Like or Dislike: Thumb up 11 Thumb down 15
          • Hyundai wanted to assemble it here since they have Inokom plant and intend to take advantage of then BN 2023 Budget incentives for EV but once Anwar became PM they UTurn their decision. They did not make decision only 2 months ago but they did kept other options open and this time they went for the alternative.

            Like or Dislike: Thumb up 0 Thumb down 0
          • Janji dicapati on Jan 13, 2023 at 11:42 am

            Failed government!

            Like or Dislike: Thumb up 1 Thumb down 0
  • Good to know Hyundai didn’t abandon their CKD plans for Singapore. The Ioniq 5 is already assembled in Indonesia (since mid-2022 as CKD, afaik not yet full-scale manufacturing like the other ICE models). Although, it remains to be seen if Hyundai will ramp up local content to the minimum 40 percent needed for AFTA tax exemption. Indonesia has the largest mass-market EV market in ASEAN, while Singapore has the largest luxury EV market in ASEAN.

    The last car was assembled in Singapore way back in 1980. Hyundai is single-handedly bringing back car production to Singapore, despite the odds. Just goes to show how much the EV hype and ESG stock valuations have grown in the last 3-5 years alone. Wonder what’ll happen once the EV bubble pops ? If TSLA is any indication, then things aren’t looking good for most EV startups. Hyundai Group might be ‘Korea’s no.2 chaebol’ (after Samsung Group), but maybe they could still learn a thing or two from the downfall of Mitsubishi Group (MMC is basically a third-world car company today). Or even cousin Renault Samsung (which was turned into yet another China overseas subsidiary through Geely). Anyway, good luck to all the EV makers… car company or tech company, it doesn’t really matter… most of them will be gone in the next decade or two.

    Like or Dislike: Thumb up 6 Thumb down 5
    • remember nokia?

      Like or Dislike: Thumb up 1 Thumb down 1
    • paanjang16 on Jan 11, 2023 at 5:43 pm

      Atleast Hyundai kept their commitment and will actually produce an EV in Singapore. Unlike a certain luxury hair dryer and vacuum cleaner company which talk so much and in the end U-turn.

      I got to wonder if the locally assembled Ioniq 5 will have any tax breaks or incentives when purchased in Singapore. Possible for it to get cheaper COE or no import tax?

      Like or Dislike: Thumb up 3 Thumb down 0
  • ThePolygon on Jan 11, 2023 at 12:39 pm

    Damn… didn’t see that coming. After soo many years… SG will be having their own assembled cars. Must be some clever tax incentives by the gov to be able to attract them there.

    Like or Dislike: Thumb up 1 Thumb down 0
  • Bieight8 on Jan 11, 2023 at 2:02 pm

    So those that we get is import from which country?

    Like or Dislike: Thumb up 1 Thumb down 1
  • Bangkok on Jan 11, 2023 at 4:46 pm

    If you can wait the Byd seal with a range of 700 km will be from Thailand

    Like or Dislike: Thumb up 2 Thumb down 1
  • Sohai on Jan 12, 2023 at 7:05 am

    By design, Singapore is very suitable for EV implementation national wide, As they are net importer of petrol and the setting up EV infra is also easier.

    Like or Dislike: Thumb up 2 Thumb down 0
  • Anonymous_C on Jan 12, 2023 at 8:25 am

    Will this be a wake up call to Malaysian government since being ahead in car industry experience for so long?

    SG may starts hiring local MY talents, but they also have the choice of other neighboring countries.

    Like or Dislike: Thumb up 0 Thumb down 0
  • Firstly, even though SG market is smaller, but their EV acceptance level is much higher and have better EV charge coverage and facility than MY.
    Secondly, it’s a fact that Malaysian prefer Japanese brands than Korean brands. That should be one of the contributing factor why Hyundai and Kia did not put much effort in MY market.

    Like or Dislike: Thumb up 0 Thumb down 0
  • stick on Jan 12, 2023 at 10:27 am

    don’t understand the hype surrounding this car, it’s super ugly imho

    Like or Dislike: Thumb up 1 Thumb down 0
  • ROTI CANAI on Jan 12, 2023 at 12:54 pm

    hyundai mabuk ke

    Like or Dislike: Thumb up 2 Thumb down 1

Add a comment