Home » News » Hyundai’s 2022 Ioniq 5: Competitive pricing starting at $39,700

Hyundai’s 2022 Ioniq 5: Competitive pricing starting at $39,700

Written By:
Updated:
Published:
3 min read

We strive to limit the total ads on our site, so this post may include affiliate links. If you choose to make a purchase through these links, we may earn a commission. You can learn more about it here.

Hyundai has announced the pricing for its highly anticipated 2022 Ioniq 5, and it appears the automaker has hit the mark with a competitive price range that positions the electric crossover as a strong contender in the EV market. Starting at $39,700 before incentives, the Ioniq 5 offers a compelling mix of performance, technology, and range, making it an attractive option for both new and experienced electric vehicle buyers.

Competitive Pricing Across the Lineup

The 2022 Hyundai Ioniq 5 is available in several trims, each offering a distinct blend of features and capabilities. The base SE Standard Range model starts at $39,700 and comes with a 58 kWh battery that delivers an estimated 220 miles of range. This entry-level price point makes the Ioniq 5 one of the more affordable options in the electric crossover segment, particularly when federal and state incentives are factored in.

For those seeking more range and additional features, Hyundai offers the Ioniq 5 with a 77.4 kWh battery pack, which increases the range to an estimated 303 miles. The SEL and Limited trims, priced at $44,875 and $49,950 respectively, include a host of upgrades such as enhanced interior materials, advanced driver assistance systems, and more robust infotainment options.

The pricing strategy places the Ioniq 5 in direct competition with other popular electric crossovers, such as the Ford Mustang Mach-E and Volkswagen ID.4, while offering a blend of range, technology, and affordability that could make it a go-to choice for many EV shoppers.

Innovative Design and Technology

The Ioniq 5’s design stands out with its futuristic aesthetic, featuring clean lines, pixel-inspired LED lighting, and a distinctive clamshell hood. The crossover’s modern exterior is matched by a spacious and minimalist interior, which emphasizes comfort and technology.

Inside, the Ioniq 5 features a dual 12.3-inch screen setup that serves as both the digital instrument cluster and the infotainment system. The cabin is designed to maximize space, with a flat floor and adjustable center console that allows for flexible seating arrangements and increased legroom for passengers.

In terms of technology, the Ioniq 5 is equipped with Hyundai’s latest suite of driver assistance features, including Highway Driving Assist 2, adaptive cruise control, and lane-keeping assist. The vehicle also supports over-the-air updates, ensuring that drivers have access to the latest software improvements and features.

Charging and Performance

One of the Ioniq 5’s standout features is its 800-volt charging capability, which allows for ultra-fast charging. With access to a 350 kW DC fast charger, the Ioniq 5 can charge from 10% to 80% in just 18 minutes, adding up to 68 miles of range in about 5 minutes. This charging speed is among the fastest in the industry, providing added convenience for long-distance travel.

Performance-wise, the Ioniq 5 offers both rear-wheel-drive and all-wheel-drive configurations. The dual-motor all-wheel-drive version delivers 320 horsepower and 446 lb-ft of torque, enabling the Ioniq 5 to accelerate from 0 to 60 mph in just 5.2 seconds. This blend of power and efficiency makes the Ioniq 5 not only a practical daily driver but also a fun and engaging vehicle to drive.

A Strong Contender in the EV Market

Hyundai’s pricing of the 2022 Ioniq 5 reflects a well-thought-out strategy to capture a significant share of the growing electric vehicle market. By offering a range of trims and configurations at competitive prices, Hyundai has made the Ioniq 5 accessible to a wide range of consumers. With its blend of innovative design, advanced technology, and strong performance, the Ioniq 5 is well-positioned to become a popular choice among EV buyers.

As the EV market continues to expand, the Ioniq 5’s combination of affordability, range, and cutting-edge features could make it a standout in the crossover segment. Hyundai’s decision to price the Ioniq 5 competitively shows the automaker’s commitment to making electric vehicles mainstream, and early indications suggest that the Ioniq 5 is right on the money.

  • Chad Kirchner

    Chad is the Editor-in-Chief and founder of Destination Charged. He has nearly 15 years of experience in the automotive industry, working for a variety of publications in both print and online. He was also the co-founder of EV Pulse, another site devoted to electrification in automotive.

    View all posts

Our must-have EV accessories

Best Home Charger
NACS Fast Charging Adapter
Best Home Charger for Native NACS
Emporia EV
Lectron Vortex Plus
Lectron EV Charging Station
EMPORIA Level 2 EV Charger w/ J1772 Connector — 48 Amp, 240V WiFi Enabled Electric Vehicle Charging Station, 25ft Cable, NEMA 14-50, White
Lectron NACS to CCS Electric Vehicle Adapter with Interlock - (500A/1,000V) - Compatible with Tesla Superchargers - CCS1 EV Fast Charging with Vortex Plus [Check Automaker for Compatibility] - UL 2252
Lectron Tesla Level 2 Charger, 48A 240V Electric Vehicle Charging Station with Wi-Fi/App, 16ft Cable - Plug-in/Hardwired V-Box Pro Tesla Charger with NEMA 14-50 Plug, for Tesla Y/X/3/S/NACS EVs ONLY
$429.00
$199.00
$439.99
Best Home Charger
Emporia EV
EMPORIA Level 2 EV Charger w/ J1772 Connector — 48 Amp, 240V WiFi Enabled Electric Vehicle Charging Station, 25ft Cable, NEMA 14-50, White
$429.00
NACS Fast Charging Adapter
Lectron Vortex Plus
Lectron NACS to CCS Electric Vehicle Adapter with Interlock - (500A/1,000V) - Compatible with Tesla Superchargers - CCS1 EV Fast Charging with Vortex Plus [Check Automaker for Compatibility] - UL 2252
$199.00
Best Home Charger for Native NACS
Lectron EV Charging Station
Lectron Tesla Level 2 Charger, 48A 240V Electric Vehicle Charging Station with Wi-Fi/App, 16ft Cable - Plug-in/Hardwired V-Box Pro Tesla Charger with NEMA 14-50 Plug, for Tesla Y/X/3/S/NACS EVs ONLY
$439.99