The Ioniq 5 SUV is one of the trendiest electric vehicles on the market. While other manufacturers' inventories are piling up, Hyundai continues to receive orders, adding them to a longer list than ever. However, I have some bad news for you if you were planning to get the base model of the model because it has been removed from the lineup for 2024.
Hyundai has eliminated the standard range version, leaving us with the Preferred long-range version as the entry-level model. This raises the base price of the Ioniq 5 SUV to $57,641. What's impressive is the gap between the standard range version of 2023 and the long-range version of 2024. We\'re talking about a difference of nearly $6,000. It certainly makes it a bit less accessible, but it's important to remember that the standard range version was by far the least popular. So, in reality, things don't change much for buyers.
In fact, we\'re only talking about a $2,000 increase for the long-range version compared to 2023, which isn't particularly significant. As for the Preferred version with all-wheel drive and long range, its starting price is $59,641 in 2024, which is still reasonable.
The Ioniq 5 in Numbers
In its base version, the Korean manufacturer's SUV is equipped with a 77.4 kWh battery pack, which allows it to store enough energy to provide a range of 488 kilometers on a full charge. This version is powered by a single electric motor located at the rear, delivering 225 horsepower and 258 pound-feet of torque.
Things get a bit more interesting with the all-wheel-drive version. It also uses the same 77.4 kWh battery pack, but its average range is slightly reduced to 428 kilometers. This version benefits from two electric motors for a total power of 320 horsepower and 446 pound-feet of torque. As you may have guessed, there is a motor at the front and one at the rear, providing it with all-wheel drive.
Jean-Sébastien Poudrier