Home News Breaking Hyundai Releases Pricing For Highly Anticipated IONIQ 5 EV

Hyundai Releases Pricing For Highly Anticipated IONIQ 5 EV

2022 Hyundai IONIQ 5

Today, Hyundai released pricing figures and information on it’s upcoming IONIQ 5 EV crossover. Not only is the vehicle set to go on sale later this month, but according to Hyundai’s website the IONIQ 5 can be seen in the new Spider-Man movie in theaters December 17th. Hopefully it doesn’t get crushed like that Porsche Taycan in Red Notice.

Powertrain and Pricing

The IONIQ 5 can be fitted with either a 58kWh or a 77.4kWh battery. Depending on whether you opt for a rear-drive or dual-motor setup the EPA-rated range can vary, as Hyundai says these options “provides a range of drive combinations to fit the needs of every customer.” The base model comes with the standard range 58kWh battery pack and one motor at the rear and is rated for 220 miles of range. Unsurprisingly, it is the least expensive option with an MSRP of $39,700. Keep in mind that Hyundai still qualifies for the federal $7,500 tax credit, so qualified consumers will pay a final price of $32,200 plus taxes, fees, freight charges, etc.

IONIQ 5 from the top
Source: Hyundai

Hyundai is offering three different trims that come in either AWD or RWD. SE is the most basic package followed by SEL and Limited. Currently we do not have pricing for standard range versions of SEL and Limited trims, if they even exist at all. Below is a pricing matrix for the IONIQ 5, because me writing it out would honestly be too confusing.

Hyundai IONIQ 5 pricing matrix
Source: Hyundai

As you can see, opting for the additional front motor does sacrifice range for more power and performance. While it may be tempting to go all out and purchase the 77.4kWh Limited trim, the amount of equipment that comes standard on the IONIQ 5 might make the 77.4kWh SE trim the most efficient use of monetary resources.


First, all large battery IONIQ 5 trims come with DC Fast Charging that can accept upwards of 240kW, which Hyundai claims can charge the battery from 10 to 80 percent in 18 minutes. Every model also boasts a Vehicle-to-Load (V2L) capability that allows small appliances and even other EVs to draw energy from the car using an adapter (additional paid accessory) in case of an emergency or power outage situation, somewhat similar to the Ford-F150 Lightning.

IONIQ 5 from the side
Source: Hyundai

Hyundai says their new E-GMP platform, which stands for Electric Global Modular Platform, maximizes interior space while offering improved performance and “enhanced driving dynamics”. The platform is similar to other EV manufacturers and seems to indicate that the skateboard platform is the most efficient use of automotive lithium-ion technology.

Below is a more complete list of equipment that comes standard on every Hyundai IONIQ 5.

  • 800-volt, 240 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

In addition to all of this, Hyundai also offers 3 years/36,000 miles of complimentary maintenance and a 10 year/100,000 mile powertrain warranty as well as a 5 year/60,000 mile new vehicle warranty. For more information on the Hyundai IONIQ 5 you can visit their website and sign up for insider emails and updates. 

Previous articleTornado Fire Forces Corvette Production Halt At Bowling Green
Next article2022 Infiniti QX50 Pricing To Start At $39,000, Brings More Tech
Car enthusiast and contributor for SwerveAutos