"Hyundai is offering a massive U.S. price cut on the model year 2026 Ioniq 5 as it strives to continue its electric vehicle sales momentum in a post-tax-credit world. The automaker said certain trims of the 2026 Ioniq 5 will be cheaper by as much as $9,800. If Hyundai applies that to the entry-level trims, the price of the electric crossover should start in the low $30,000s."
"These changes reflect Hyundai's commitment to affordability and its long-term EV strategy, including U.S. production at Hyundai Motor Group Metaplant America and a focus on growing sales volume and market share, Hyundai said in a press release. Ongoing sales momentum has enabled cost efficiencies that benefit customers, showcasing Hyundai's financial strength and ability to navigate market uncertainty. Clearly, Hyundai wants to keep the sales momentum going."
Hyundai is reducing prices on certain 2026 Ioniq 5 trims by as much as $9,800, which could lower entry-level pricing into the low $30,000s. The 2025 Ioniq 5 currently starts at $42,600 for the SE Standard Range model and will continue to benefit from October incentives, including a $7,500 cash incentive on model year 2025 vehicles. The Ioniq 5 is Hyundai's best-selling EV, offering over 300 miles of range in some trims, fast charging, and a Tesla-style charging plug for Supercharger access. Hyundai cites cost efficiencies, U.S. production plans, and a focus on growing volume and market share.
Read at insideevs.com
Unable to calculate read time
Collection
[
|
...
]