Hyundai Ioniq 5 EV

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The pricing announced today for the Ioniq 5 was pretty predictable, at least in one respect: with the base version listed at under $45,000, the EV becomes eligible for government discounts, both federal and, where applicable, at the provincial level. This is of course a good thing for consumers.

And so, the Essential version is priced at $44,999. In this configuration the Ioniq 5 offers a range of 354 km, as does the next in line, the Preferred, which will require an additional $2,000 to purchase.

Then comes the Preferred Long Range variant with its 480 km of range, priced at $51,999. Adding all-wheel drive to this version adds $3,000 to the price and reduces range to 415 km. Still interesting though.

Then, at the top of the ladder, Hyundai offers a Preferred Long Range version with all-wheel drive, but plus the Ultimate equipment package. Here, the price will be $59,999, with a range reduced by 15 km for a total of 400.

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