Kiwi pricing confirmed for electric Hyundai Ioniq 5

Hot on the heels of Hyundai New Zealand’s support for the government’s much discussed new Clean Car Discount scheme, it has confirmed pricing and spec for its much anticipated Ioniq 5. 

Cutting straight to the chase, Hyundai has managed to squeeze in one model of the 5 underneath the government’s $80,000 threshold; the 58kWh two-wheel drive model being priced from $79,990. Buyers will be able to claim a $8,625 rebate off that price, giving the model an effective $71,340 price. 

Hyundai is set to offer two different battery pack options, as well as both rear-wheel drive and all-wheel drive across its line-up. Only this base grade will utilise the smaller 58kWh battery, while the remaining models will use a larger 72.6kWh battery. 

The cheapest of these is the Extended Range 2WD, priced at $89,990. The first of the AWD models, the Extended Range AWD, follows at $94,990. Next is the Elite 2WD, at $96,990. And lastly are two flagship models; the Limited AWD with a ‘Vision Roof’ for $109,990, and the Limited AWD with a ‘Solar Roof’ for $112,990. 

Hyundai New Zealand doesn’t quote a range figure for the entry-level model, but two-wheel drive models with the 72.6kWh battery are said to be capable of around 470km per charge according to WLTP tests. 

The 58kWh variant comes with a 125kW/350Nm motor and can hit 100km/h in 8.5 seconds, meaning it’s not exactly a rocketship. Long-range two-wheel drive models are a little quicker, with 160kW/350Nm on tap and a 7.4-second 0-100km/h time. And all-wheel drive models are the quickest, hitting the tonne in 5.4 seconds by virtue of a combined 225kW/605Nm. 

The solar roof option gives the flagship added efficiency, supplying charge for the heating and air conditioning. Each model gets the Hyundai SmartSense driver assistance suite, a 12-inch infotainment screen, and ultra fast charging. Hyundai New Zealand is still to specify the spec differences between each aforementioned grade beyond battery size and outputs. 

 “Since announcing we would bring Ioniq 5 to New Zealand we have had a flood of enquiries and pre-orders, so it’s great to finally be in a position to announce specifications and price to our dealer network and customers,” says Andy Sinclair, Hyundai New Zealand General Manager. 

“The IONIQ 5 is a really exciting addition to our existing EV line-up. We’re proud to be able to give Kiwis more choice when it comes to going electric.”