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The Hyundai Ioniq 5 price and release dates announced for all models, cheapest Ioniq 5 slated for 2022 launch

The 2022 Hyundai IONIQ 5 pricing begins at sub-US$40,000 (image: Hyundai USA)
The 2022 Hyundai IONIQ 5 pricing begins at sub-US$40,000 (image: Hyundai USA)
Hyundai just announced all 2022 Ioniq 5 electric crossover model prices and release dates for America, and they are rather palatable considering the Ioniq 5's specs and features. The cheapest Ioniq 5 will cost just US$39,700, but Hyundai is not launching this Standard Edition Standard Range model until the spring. The SE, SEL, and Limited models will carry the bigger battery, and have up to 303-mile range, depending on whether they are rear wheel drive, or the more powerful 320HP AWD model versions. Their prices go up to US$54,500 for a fully-equipped Limited AWD model, cheaper than a base trim Tesla Model Y.

After previewing the Ioniq 5 features and specs, including its top speed, towing capacity, and interior or exterior colors, Hyundai finally revealed the Ioniq 5 price in the U.S. and the release date of the electric crossover. Pricing for the new 2022 Hyundai Ioniq 5 starts at US$39,700 for the SE (Standard Edition) Standard Range version, but its release date will be in the spring. The rest of the Ioniq 5 trims - SE, SEL, and Limited models - will launch in December 2021 at prices up to US$54,500. For comparison, after Elon Musk's latest price increases, a base Tesla Model Y, the direct Ioniq 5 competitor, now starts at US$54,990. Here are all the 2022 Hyundai Ioniq 5 prices:

  • Hyundai Ioniq 5 SE Standard Range RWD price: US$39,700 (168HP, 220-mile range)
  • Hyundai Ioniq 5 SE RWD model price: US$43,650 (225HP, 303-mile range)
  • Hyundai Ioniq 5 SE AWD model price: US$47,150 (320HP, 256-mile range) 
  • Hyundai Ioniq 5 SEL RWD model price: US$45,900 (225HP, 303-mile range) 
  • Hyundai Ioniq 5 SEL AWD model price: US$49,400 (320HP, 256-mile range)
  • Hyundai Ioniq 5 Limited RWD model price: US$50,600 (225HP, 303-mile range)
  • Hyundai Ioniq 5 Limited AWD model price: US$54,500 (320HP, 256-mile range)

Depending on the state you live in, the Ioniq 5 price can start from just US$33,425 with the delivery charge, after an EV tax credit of US$7,500 is applied. The long-range Ioniq 5 SE RWD with the 77.4 kWh battery that delivers 303 miles on a charge can drop to US$37,375 with delivery after the same electric vehicle tax credit. As usual, the Ioniq 5 price choice will incur a tradeoff between power and range, rear wheel or all wheel drive, and will determine your battery capacity. The standard 77.4 kWh pack, which will be in all Ioniq 5 models slated for "late December" launch, is good for a 303 miles of range on a charge according to the recent EPA test on a RWD Ioniq 5. That drops to a 256-mile range on the AWD Ioniq 5 models which are more powerful, too, carrying dual motors with a combined 320HP output. The smaller, 58 kWh battery that allows for 220-miled range, will be equipped on the Standard Edition Standard Range model, but that cheapest Ioniq 5 will hit the American roads after the winter. Hyundai also listed all the Ioniq 5 features that come standard with even the base trims:

  • 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

Get the 50A ChargePoint Home Flex EV charger on Amazon


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.

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> Notebook / Laptop Reviews and News > News > News Archive > Newsarchive 2021 12 > The Hyundai Ioniq 5 price and release dates announced for all models, cheapest Ioniq 5 slated for 2022 launch
Daniel Zlatev, 2021-12-14 (Update: 2021-12-14)