EVs Just Got a Lot More Affordable
Hyundai is shaking up the EV market with aggressive new pricing across the entire 2026 IONIQ 5 lineup. Price cuts range from $7,600 to $9,800, with an average reduction of $9,155. This marks a bold step toward making electric mobility more accessible for more drivers.
The new base model, the IONIQ 5 SE RWD Standard Range, now starts at just $35,000 MSRP (excluding freight). That’s down from $42,600, making the entry point far more appealing to budget-conscious EV buyers.
According to Hyundai, this pricing move reflects a strategic effort to boost U.S. EV adoption, match rising competition, and take full advantage of increased domestic production capacity.
What’s New for 2026
Beyond price, Hyundai added more value for 2026 buyers. All models now come standard with a dual-amperage Level 1 / Level 2 charger, making home charging easier right out of the box.
Visually, there are new paint options to choose from. Hyundai added a sleek Sage Silver Matte, while Ultimate Red and Cosmic Blue Pearl are now available across all trims for a fresh, premium look.
New Pricing Highlights:
- SE RWD Standard Range – $35,000 (–$7,600)
- SE RWD (225 hp) – $37,500 (–$9,150)
- SEL AWD (320 hp) – $43,300 (–$9,800)
- Limited AWD – $48,975 (–$9,225)
(*Prices exclude the $1,600 freight charge.)
Still Eligible for $7,500 Incentive
While 2026 incentive eligibility remains unclear, 2025 models still qualify for the full $7,500 federal credit. Combined with year-end dealer discounts, the outgoing model could be a steal for those ready to buy now.
Hyundai’s Message Is Clear
Hyundai isn’t just following the EV shift — it’s leading it. With award-winning design, advanced safety features, and now one of the most aggressive price cuts in the segment, the 2026 IONIQ 5 just became even harder to ignore.
