Hyundai Releases Pricing for Highly Anticipated IONIQ 5 EV

Rhea-AI Summary

Hyundai has announced pricing and specifications for its IONIQ 5 electric crossover, featuring a new 58kWh battery pack option. The IONIQ 5 SE Standard Range starts at $39,700, dropping to $32,200 after a $7,500 federal tax credit. The vehicle boasts ultra-fast charging, achieving 10 to 80 percent in just 18 minutes and more than 300 miles of range. Hyundai's model offers two battery options and multiple drivetrain configurations, with sales commencing in late December 2021.

Positive

• Introduction of 58kWh battery option enhances customer choice.
• Starting price of IONIQ 5 SE Standard Range at $39,700, making electric vehicle accessible.
• Ultra-fast charging capability, achieving 10-80% charge in just 18 minutes.
• Offers over 300 miles of driving range, increasing market competitiveness.
• Generous standard features, including advanced safety technologies and a robust warranty package.

Negative

• None.

FOUNTAIN VALLEY, Calif., Dec. 13, 2021 /PRNewswire/ -- Hyundai today revealed pricing, packaging and the 58kWh battery pack option for its highly anticipated IONIQ 5, an electric crossover utility vehicle (CUV). The addition of the 58kWh battery pack model provides a range of drive combinations to fit the needs of every customer. Customers can select from two battery pack options, either 58 kWh or 77.4 kWh, and two electric motor layouts, either a rear motor only or both front and rear motors for all-wheel-drive. The IONIQ 5 SE Standard Range with the 58kWh battery pack starting price is $39,700, for an effective new price of $32,200, after the electric vehicle tax credit of $7,500 ($33,425 including delivery). The IONIQ 5 SE with its 77.4 kWh battery pack starts at $43,650 and drops to $36,150 after the federal tax credit ($37,375 including delivery). Eligibility for the federal tax credit of up to $7,500 is dependent on individual tax circumstances. 

The 2022 IONIQ 5 breaks new ground in the crossover segment with best-in-class ultra-fast charging from 10 to 80 percent in just 18 minutes, more than 300 miles of range, and a sleek design that links past, present and future. The IONIQ 5 goes on sale in late December.

2022 IONIQ 5 Pricing

Model	Electric Powertrain	Drivetrain	Driving Range (mi.)	MSRP
SE Standard Range*	168HP rear motor	RWD	220	$39,700
SE	225HP rear motor	RWD	303	$43,650
SE	320HP dual motor	AWD	256	$47,150
SEL	225HP rear motor	RWD	303	$45,900
SEL	320HP dual motor	AWD	256	$49,400
Limited	225HP rear motor	RWD	303	$50,600
Limited	320HP dual motor	AWD	256	$54,500

Freight charges for the 2022MY IONIQ 5 are $1,225.

Generous Standard Equipment Levels to Attract a Broad Electric Vehicle Audience
IONIQ 5 includes unexpected levels of standard equipment. Key standard features include:

• 800-volt, 350 kW ultra-fast charging
• 19-inch aero wheels
• 12.3-inch touchscreen navigation with EV technology display
• Android Auto & Apple CarPlay
• Bluelink® connected car system with remote charge access
• Highway Drive Assist 1 & Smart Cruise Control with Stop and Go and Machine Learning
• Forward Collision-Avoidance Assist with Car/Pedestrian/Cyclist Detection
• Blind-spot Collision Avoidance-Assist / Safe Exit Assist
• Lane Keeping Assist & Lane Following Assist
• Rear View Monitor with Parking Guidance
• Rear Cross-Traffic Collision Avoidance Assist
• Parametric Pixel LED lighting elements
• Auto Flush Door Handles & Hidden Charge Port Door
• Unlimited 30-minute charging sessions for two years on Electrify America's growing network of chargers

Hyundai Complimentary Maintenance and America's Best Warranty®
Hyundai Complimentary Maintenance is the latest addition to the Hyundai Assurance program, which promises to create a better experience for shoppers and owners of Hyundai vehicles. Hyundai Assurance is made up of Owner Assurance, now including complimentary maintenance, and Shopper Assurance, which together offer customers a variety of ways to simplify the buying process and improve the owning and service experience. Details on these promises include:

• America's Best Warranty: 10-year/100,000-mile powertrain limited warranty, 5-year/60,000-mile new vehicle limited warranty, 7-year anti-perforation warranty
• Complimentary Maintenance: 3 years/36,000 miles of normal oil changes and tire rotations
• IONIQ 5's electric battery is covered by Hyundai's 10-year, 100K mile powertrain warranty

Hyundai Motor America
Hyundai Motor America focuses on 'Progress for Humanity' and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs and electrified vehicles. Our 820 dealers sold more than 620,000 vehicles in the U.S. in 2020, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn

* The 2022 model year IONIQ 5 Standard Range model will be available in the spring of 2022.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyundai-releases-pricing-for-highly-anticipated-ioniq-5-ev-301443497.html

SOURCE Hyundai Motor America

FAQ

What is the starting price of Hyundai IONIQ 5?

The starting price of the Hyundai IONIQ 5 SE Standard Range is $39,700.

When will the Hyundai IONIQ 5 go on sale?

The Hyundai IONIQ 5 is set to go on sale in late December 2021.

What are the battery options for the Hyundai IONIQ 5?

The Hyundai IONIQ 5 offers two battery options: a 58kWh and a 77.4kWh battery.

How quickly can the IONIQ 5 charge its battery?

The IONIQ 5 can charge from 10% to 80% in just 18 minutes.

What is the range of the Hyundai IONIQ 5?

The Hyundai IONIQ 5 offers a driving range of over 300 miles.

What federal tax credit is available for the IONIQ 5?

Customers may qualify for a federal tax credit of up to $7,500.