THE IONIQ 5 EV IS PRICED JUST RIGHT

EV Channels Review

The Hyundai Ioniq 5 enters the US market with competitive pricing, particularly for its long-range variants. The reviewer highlights the entry-level model, starting around $33,000 after tax credits with a 58 kWh battery and RWD, available in Spring 2022. However, the focus shifts to the larger battery pack models, available from December, with the long-range RWD version offering over 300 miles of range for approximately $37,000 after credits. This positions the Ioniq 5 strongly against competitors like the Tesla Model Y and Ford Mustang Mach-E, which are significantly more expensive. The AWD variants offer increased horsepower (320 hp) and quicker acceleration (0-60 in around 5 seconds) for a slightly higher price and a minor reduction in range. The reviewer praises the Ioniq 5's fast-charging capability (10-80% in 18 minutes) but advises against daily use for battery longevity. While the ID.4 is noted as a strong value recommendation for its power and acceleration at a lower price point, the Ioniq 5 is presented as a compelling option, especially for its range and charging speed.