Hyundai's 2025 Ioniq 5 is priced under $44,000, with extended driving range and a NACS port.
Hyundai is on a roll. In October, the South Korean manufacturer posted its best U.S. sales ever, largely driven by sales of its popular Ioniq 5 electric SUV.
Recommended Videos Hyundai just released the Ioniq’s 5 new pricing, which starts at $43,975. The basic Ioniq 5 SE model comes with a larger 63 kilowatt-hours battery pack, up from 58 kWh, as well as an extended driving range of 245 miles, up from 220 miles. The 2025 Ioniq 5 is the first model to come out of Hyundai’s brand-new plant in Georgia. Under the Biden administration’s Inflation Reduction Act , EVs with key components made in the U.S. are eligible for a $7,500 tax incentive upon purchase or the signing of a lease agreement. It’s yet unclear as to why only half of the incentive applies to purchases here.
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