4 Articles
4 Articles
Hyundai dramatically cuts Ioniq 5 prices in the US
Hyundai is reducing prices across the entire 2026 Ioniq 5 range, with the base model now starting at an attention-grabbing $35,000. The dramatic price cuts come just as the federal tax credits for many EVs have fizzled out, suddenly making the Ioniq 5 a very desirable EV. The price cuts are really big across the entire Ioniq 5 lineup, with savings reaching as high as $9,800 on certain trims. The entry-level 2026 Ioniq 5 RWD Standard Range sees i…
In response to the expiration of the Inflation Reduction Act (IRA), which provided a discount of up to $7,500 (approximately 10.5 million won) per electric vehicle, Hyundai Motor Company has cut the price of its mid-size electric sedan, the Ioniq 5, by up to 13.7 million won. This move is aimed at addressing declining demand for electric vehicles.
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