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Hyundai’s Ioniq 5 EV crossover will begin at $39,700 when it shows up

Hyundai at last reported pricing for its long-awaited Ioniq 5 hybrid EV, which is booked to hit select seller show floors later this month. Contingent upon the battery size and drive type, forthcoming purchasers ought to hope to pay somewhere in the range of $39,700 and $54,500 for one of their own.

The Ioniq 5 will be accessible in three trim levels — SE, SEL, and Limited — and accompany either a 77.4kWh pack, which is rated for 303 miles of range using RWD (256 miles with AWD), or a more modest 58-kWh battery with 220 miles of range.

Try not to hope to see any of the more modest battery models on US streets to begin. Hyundai is at first focusing on producing units with the bigger battery pack and saving the 220 mile, 168 HP SE Standard Range until spring 2022.

The 303-mile, 225HP rear motor SE turns over at $43,650 ($47,150 for the 320 HP, AWD version, the RWD SEL will cost $45,900 ($49,500 for AWD) and the top of the line Limited will go for $50,600 as an RWD ($54,500 for AWD). Discretionary features and $1,225 freight charges are obviously extra.

Hyundai’s pricing point puts the Ioniq 5 comparable to the 2021 Kia Niro EV, what begins at $39,090, and the 2021 Volkswagen ID.4 with its $39,995 MSRP — regardless of whether you go overboard for the Ioniq’s higher trim levels, you’ll just start to wander into, say, the Mach-E’s early on price range ($42,895 for the base, $48,100 for Premium, and a smooth $60k for a GT).