2024 HongQi Prices: How Much Does Your Favorite Model Cost?

2024 HongQi Prices: How Much Does Your Favorite Model Cost?
Image Credit: hongqi-auto.com

HongQi as a brand was established over 50 years ago and has a storied past. But the company has risen to new heights within the last decade. HongQi produces a wide range of automobiles from cars and SUVs to EVs and supercars.

With over 8 different commercially available models, you are sure to find what fits you from HongQi Auto.

At a Glance

Name:
HongQi Auto
Founded:
1958
Headquarters:
Changchun, China
Most expensive HongQi:
HongQi S9 ($1.45 million)
Cheapest HongQi:
HongQi H5 ($23,100)

About HongQi

About HongQi
Image Credit: hongqi-auto.com

The name HongQi directly translates as โ€œred flag.โ€ But there are no red flags when it comes to their products as theyโ€™ve been manufacturing automobiles for quite a while now.

Founded in 1958, the company has been producing vehicles for over half a century and has established itself as a trusted brand in the Chinese automotive industry.

Over the years, their vehicles have undergone numerous refinements and improvements, resulting in a lineup of cars that are both stylish and reliable.

The company is headquartered in Changchun, China. This is also their primary production plant. So, almost all their vehicles are made on domestic soil except for the HongQi H9.

The HongQi H9, which is a recently introduced supercar is set to start production in Italy.

HongQiโ€™s EV Range

HongQiโ€™s EV Range
Image Credit: hongqi-auto.com

HongQi as a brand has always been at the forefront of innovation. So, development began as soon as manufacturing EVs was an option. The first EV manufactured by HongQi was unveiled at the Beijing Auto Show, which was the E-HS9, an all-electric luxury SUV.

The first HongQi EV to roll off the assembly line was the same E-HS9 which was released on the 27th of December 2022. 

This was followed by another EV, the HongQi E001, which is an electric mid-sized sedan. This is their latest model which was released on November 2023. The E001 is known for its supreme range of 800 km.

Fun Facts About HongQi

Fun Facts About HongQi
Image Credit: hongqi-auto.com

There is no concrete evidence of where the name HongQi, โ€œred flagโ€ is derived from. However, the red flag was a symbol of power, representing the communist party in China.

It is likely that the name HongQi was chosen to reflect the national pride and the revolutionary spirit during the time of the Brandโ€™s launch in 1958.

On that note, launching in 1958 HongQi is also the oldest Chinese passenger car brand. This also makes HongQi the first car independently manufactured in China. At the time of its launch, HongQi wasnโ€™t available to the public.

It was a luxury item allocated for foreign dignitaries and elite party members. The first model used for this purpose was the CA72 introduced on August 1st, 1958.

This model came with a 197-horsepower V8 engine. The grille of the car was based on a traditional Chinese fan, which is still incorporated in some of their models today.

What is the Most Expensive HongQi?

Released during the Shanghai Auto Show in 2013, the HongQi L5 is the most expensive HongQi that you can buy. Not only is it the most expensive HongQi ever sold, but it is also renowned as the most expensive Chinese-made car available for purchase.

It is the official state car of China and is also used by President Xi Jinping. The selling price of the HongQi L5 is $800,000.

However, this is not the most expensive HongQi ever sold. The hypercar produced by HongQi, the HongQi S9 is priced at $1,450,000. Unfortunately, this will not be a part of the HongQi lineup as only 70 cars will be made.

The HongQi S9 packs a powerplant that can produce 1400 horsepower and can get you from 0-100 in just 1.9 seconds. Plus, it can reach speeds of up to a whopping 249 mph or 400 kmh. This makes the S9 one of the fastest passenger vehicles in the world.

What is the Least Expensive HongQi?

What is the Least Expensive HongQi
Image Credit: hongqi-auto.com

You donโ€™t necessarily have to be a multi-millionaire to own a HongQi as there are much more affordable options than the HongQi L5. One such option is the HongQi H5 which is in fact the cheapest HongQi available.

The second generation of the car was unveiled in 2022 and is set on the same platform as the third-gen Mazda 6. And this model only cost $23,100.

HongQi Models

HongQi Models
Image Credit: hongqi-auto.com

Letโ€™s look at some of the models within the HongQi lineup. Each vehicle within this lineup offers its own unique features and benefits. It’s worth taking the time to explore what’s available and find the option that best meets your needs.

From affordable sedans like the HongQi H5 to unmatched luxury like the HongQi LS5 SUV, there are plenty of options to choose from.

HongQi H5

HongQi H5
Image Credit: hongqi-auto.com

The HongQi H5 comes with 6 different trims to allow customers to choose exactly what they require. Within these 6 trims, there are 2 engine options a 1.5L and a 1.8L. The gasoline-powered, 4-cylinder 1.8L turbocharged engine is capable of producing 196 horsepower and 320 Nm of torque.

In terms of fuel efficiency, with the HongQi H5, you should be able to get 16 km per liter.

The interior and exterior features vary greatly from trim to trim, but the safety features are pretty much the same. All the models come with 4-front air bags and all the models except the 1.5T Basic are also equipped with 2 side air curtains.

Price:
$23,100
Release Year:
2017
Engine:
4-cylinder 1.8L / 1.5L turbocharged
Top Speed:
230 km/h
0-60:
8 seconds
Power:
196 horsepower (1.8L engine)
Torque:
320 Nm
Fuel Economy:
16 km/L

HongQi H7

HongQi H7
Image Credit: hongqi-auto.com

The HongQi H7 is the successor to the HongQi HQ3 was in production from 2006 to 2010. The car was presented to the public during the 2012 Beijing Auto Show before going on sale the year after in May.

The model was revised in 2016 with the addition of a plug-in hybrid variant of the H7. Currently, the H7 comes in 3 different trim levels.

There are 3 different engine options for the H7: a 1.8L turbocharged inline-four, a 2.0L turbocharged inline-four, and a 3.0L V6. The H7 is easily distinguishable due to its massive Rolls Royce-like front grille.

The model also comes with thermo sheet steel high-strength bodywork which sets it apart from most other cars in the marketplace.

Price:
$56,000
Release Year:
2013
Engine:
1.8L turbocharged inline-four / 2.0L turbocharged inline-four / 3.0L V6
Top Speed:
204-210 km/h
0-60:
7.4 seconds
Power:
227 horsepower (3.0L engine)
Torque:
300 Nm
Fuel Economy:
16.7 km/L

HongQi H9

HongQi H9
Image Credit: hongqi-auto.com

The HongQi H9 is part of the luxury lineup. The HongQi H9 was presented in April 2020 and has been on the Chinese market since August 2020. HongQi released a stretched version of the H9 the following year and named it the H9+.

The car comes 5 different trim levels and two engine options; a 2.0L turbocharged engine and a 3.0L supercharged engine. The 2.0L engine also comes with a hybrid option. The luxuries and safety features are what take the cake when it comes to the H9.

Almost all the models come with Front Collision Warning (FCW), Autonomous Emergency Braking (AEB), Blind Spot Detection (BSD), Lane Departure Warning (LDW, automatic parking, and more.

You also get a 12.3-inch center console touchscreen with entertainment and multi-information display with an optional add-on of a 10.1-inch rear entertainment display. For your music, all trim levels are equipped with 12 BOSE speakers.

Price:
$68,128
Release Year:
2020
Engine:
2.0L turbocharged / 3.0L supercharged
Top Speed:
230 km/h
0-60:
7.4 seconds
Power:
272 horsepower (3.0L engine)
Torque:
400 Nm (3.0L engine)
Fuel Economy:
14 km/L

HongQi Ousado

HongQi Ousado
Image Credit: hongqi-auto.com

The Ousado is a luxury sedan that comes from HongQi. The car has a futuristic and luxurious design surrounding it. At the front, youโ€™ve got a bold chrome grille with 12 vertical rods with the striking red line of the HongQi logo running from halfway down the bonnet to the center of the grill.

The streamlined headlights and the stacked fog lamps up front complete the luxurious design of the car.

Even the interior strikes a fine balance between comfort and luxury. According to HongQi, the Ousada is โ€œEquipped with class-leading comfortable seats, with four-way pneumatic lumbar support and eight-point pneumatic massage, effectively relieving fatigue for drivers and passengers.

On top of that, youโ€™ve also got all the state-of-the-art safety features with multiple airbags within the cabin.

Within the 5 trim levels available for the Ousada, you have 2 different engine options. One is a 1.5L turbocharged engine which is available on the basic models while the others house a 2.0L turbocharged engine.

Price:
~$30,000
Release Year:
2023
Engine:
2.0L turbocharged / 1.5L turbocharged
Top Speed:
230 km/h
0-60:
7.4 seconds
Power:
223 horsepower (2.0L engine)
Torque:
340 Nm (2.0L engine)
Fuel Economy:
15.1 km/L

HongQi HS5

HongQi HS5
Image Credit: hongqi-auto.com

The HongQi HS5 is a compact luxury crossover SUV produced by the Chinese manufacturer. The HS5 is a model that is renowned for its strength. More than 60% of the SUV contains high-strength steel with the exterior made using thermos steel sheets.

The SUV comes with 5-different drive modes which include economy, comfort, sports, off-road, and snow. These combined with the intelligent damper-controlled suspension system allow you to enjoy a comfortable and pleasant drive.

Powering the HS5 is a 2.0L turbocharged engine which is coupled with an 8-speed automatic transmission.

Price:
$27,500
Release Year:
2019
Engine:
2.0L turbocharged
Top Speed:
210 km/h
0-60:
8.3 seconds
Power:
248 horsepower (2023 facelift version)
Torque:
380 Nm (2023 facelift version)
Fuel Economy:
12.7 km/L

HongQi HS7

HongQi HS7
Image Credit: hongqi-auto.com

The HS7 is the HongQi premier off-roader. Since its introduction in 2019, the model has undergone numerous changes. If you were to buy a HongQi HS7 today, you have 7 different trim levels to choose from. So, you get to pick exactly what you want out of this SUV.

The HS7 retains the signature HongQi design with the giant rectangular-shaped radiator grille and the signature running lights that sit right beside the grille. The interior also comes with a 5.1 channel Bose audio system to rock to your favorite tunes as you conquer the great outdoors.

The most powerful variant of the HS7 is equipped with a 3.0L supercharged engine that produces 337 horsepower. That combined with the 445 Nm of torque that the engine produces is enough to get you out of any jam while offroading.

Price:
$47,200
Release Year:
2019
Engine:
3.0L supercharged
Top Speed:
210 km/h
0-60:
7.8 seconds
Power:
337 horsepower (3.0L supercharged engine)
Torque:
445 Nm (3.0L supercharged engine)
Fuel Economy:
9.2 km/L

HongQi E-HS9

HongQi E-HS9
Image Credit: hongqi-auto.com

The E-HS9 is an all-electric full-sized luxury SUV. The fine craftsmanship and modern technology that goes into the cabin will make you instantly fall in love with the SUV at first glance.

But the highlight of the E-HS9 remains the battery. Despite the SUV weighing in at 2,780kg, it still has a maximum range of 311 miles or 500 km. The 84 kWh lithium-ion battery power two motors situated in the front and rear axles.

These motors combined can produce 600 Nm of torque, with the top trim level housing a 329 horsepower motor for the rear axle.

With a phase 32A charger, the 84 kWh battery takes just under 10 hours to charge. But if you are in a hurry, 10 minutes at a supercharger will give you 100 km of range.

Price:
$80,670
Release Year:
2021
Engine:
2 motors mounted at the front and rear axle
Top Speed:
200 km/h
0-60:
5 seconds
Power:
544 horsepower (highest trim level)
Torque:
600 Nm (highest trim level)
Range:
500 km

HongQi E-QM5

HongQi E-QM5
Image Credit: hongqi-auto.com

The E-QM5 is a compact executive sedan, with a highly practical build. The car has a distinctive styling with unique headlights upfront and vertical slats on the closed-off grille just like many other HongQi vehicles.

The car has all the active safety features which include forward collision warning, automatic emergency braking, and driver fatigue monitoring reminder, actively intervening to reduce accidents.

A unique honeycomb design has been utilized to protect the battery. The all-aluminum super-strong structure has passed 16 safety regulation tests with flying colors.

Powering the E-QM5 is a 140 kW motor mounted in the front axle. This coupled with the 55 kWh lithium iron phosphate battery gives you a range of 431 km.

Price:
$30,600
Release Year:
2022
Engine:
140 kW motor
Top Speed:
N/A
0-60:
7.2 seconds
Power:
190 horsepower
Torque:
320 Nm (highest trim level)
Range:
431 km

Frequently Asked Questions

HongQi manufactures cars to fit all budgets. The HongQi car cost ranges from $23,100 to $800,000. The most expensive HongQi available is the $800,000 HongQi L5. If you are looking for something cheaper, you have the HongQi H5 which only costs $23,100.

You have multiple trim levels available within each HongQi model to ensure that you get exactly what you are looking for.

As a Chinese manufacturer, all HongQi models are available in China. So, you can buy whatever HongQi model you want from China. The availability of HongQi models overseas varies.

But as long as the car fits your country’s import regulations, you can buy a HongQi car from China and import it to your country.

HongQi as a brand has been around for over half a century and their cars have been meticulously designed and precisely engineered. Plus, with the wide lineup offered by HongQi, you can buy exactly what you want and stick within budget, since they are more affordable than other luxury manufacturers.

Customer reviews praise the brand’s equipment levels, spacious interiors, and design cues that speak of HongQiโ€™s heritage. So, to put it simply, yes, HongQi is a good car to buy.

The HongQi battery range depends on the model you choose. With the E-QM5 sedan, you get a range of 431 km. If you choose the E-HS9 SUV, with the right trim, you can get up to 500 km. And their latest creation, the E-001 comes with an 800 km range.

The cheapest HongQi model is cheaper than Tesla while the most expensive model costs way more than any Tesla that you can buy. So, it depends on the model you choose. Regardless, youโ€™ll get great value for money by choosing a HongQi over a Tesla.

HongQi cars are sold all over the world with their reach expanding to countries including Azerbaijan, Cambodia, China, French Polynesia, Israel, Iceland, Japan, Jordan, Myanmar, Norway, Qatar, Saudi Arabia, UAE, and Vietnam.

In addition, HongQi cars have been exported to countries like the USA, France, Germany, and more. Recently, HongQi opened a flagship dealership in the Philippines.

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