Hyundai shares Ioniq 5 pricing alongside new Standard Range trim available under $40k

by Scooter Doll

Hyundai has shared pricing for its much anticipated Ioniq 5 EV ahead of its launch in North America in 2022.

Additionally, Hyundai has announced a Standard Range RWD trim for the Ioniq 5, which includes a 58 kWh battery pack and 220 miles of range for under $40,000.

The Ioniq 5 is the first EV in an upcoming brand shift from Hyundai, as it further expands its dedication to electrified vehicles.

This new EV is a deviation from the previous Ioniq hatchback that Hyundai debuted as a 2017 model, including an all-electric version.

Hyundai classifies the Ioniq 5 as a “compact SUV” or CUV (probably because the word “hatchback” has a stigma for being smaller, although it’s quite roomy).

According to Korean automaker, this new model is comparable to Ford’s Mustang Mach-E and the Volkswagen ID.4, despite being wider with a longer wheelbase than both of them.