The famed electric crossover from the Korean car marque is now more attractive than ever
The 2026 Hyundai Ioniq 5 range has become more affordable. The price reductions are applicable across the trims from SE RWD Standard Range to Limited AWD. We know that the Korean electric crossover has been an incredibly successful model for Hyundai not just in the U.S., but across various international markets. In fact, it paved the way for the subsequent E-GMP-based EVs from the Hyundai Motor Group.
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2026 Hyundai Ioniq 5 Lineup Gets Cheaper
As per the official press release from Hyundai, the prices of the 2026 Ioniq 5 have been lowered between $7,600 and $9,800. These are considerable amounts, which is great news for the potential EV buyers. This also ensures that Hyundai aligns with current market dynamics and support increased U.S. production volume. Needless to say, the EV is now more accessible and competitive than ever.
The new variant-wise price list of the 2026 Hyundai Ioniq 5 now looks like this:
| Model | Motor | 2025 MSRP | 2026 MSRP | Price Reduction |
| IONIQ 5 SE RWD Standard Range | 125 kW (168 hp) Electric Motor | $42,600 | $35,000 | $7,600 |
| IONIQ 5 SE RWD | 168 kW (225 hp) Electric Motor | $46,650 | $37,500 | $9,150 |
| IONIQ 5 SEL RWD | 168 kW (225 hp) Electric Motor | $49,600 | $39,800 | $9,800 |
| IONIQ 5 Limited RWD | 168 kW (225 hp) Electric Motor | $54,300 | $45,075 | $9,225 |
| IONIQ 5 SE AWD | 74 kW + 165 kW (320 hp) Electric Motors | $50,150 | $41,000 | $9,150 |
| IONIQ 5 SEL AWD | 74 kW + 165 kW (320 hp) Electric Motors | $53,100 | $43,300 | $9,800 |
| IONIQ 5 XRT AWD | 74 kW + 165 kW (320 hp) Electric Motors | $55,500 | $46,275 | $9,225 |
| IONIQ 5 XRT AWD with Tow Hitch | 74 kW + 165 kW (320 hp) Electric Motors | $55,950 | $46,725 | $9,225 |
| IONIQ 5 Limited AWD | 74 kW + 165 kW (320 hp) Electric Motors | $58,200 | $48,975 | $9,225 |
On this occasion, Randy Parker, President and CEO, Hyundai Motor North America, remarked, “Hyundai is taking bold steps to ensure our award-winning IONIQ 5 remains a top choice for EV buyers. This pricing realignment reflects our commitment to delivering exceptional technology and innovation without compromise.”
Learn Electric Cars Says
With growing inflation, every penny saved is a penny earned. This is especially true with a massive price reduction like this. While it will be intriguing to see how this affects the sales, I am sure that there will be a surge in demand and sales. Let us keep an eye out for how things shape up in the coming months.
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