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While the MG 4 EV has a starting price of AED 138,000, the Hyundai Ioniq 5 2020 EV stands at AED 152,000. The Hyundai Ioniq 5 2020 EV is available with Fog Lights, Off-Road Kit, Airbags.
This Korean Hatchback comes with a N/A - Electric Electric engine that generates 225 horsepower and 350 Nm (RWD), 605 Nm (AWD) Nm of torque. On the other hand, the MG 4 comes with a engine.
For UAE, the average price of the Hyundai Ioniq 5 2020 including all versions is AED 152,000. Factoring in annual depreciation of 30%, we expect the Hyundai Ioniq 5 2020 EV to cost AED 106,400 on the used car market by next year.