Hyundai's Electric Future: 2022 Hyundai Ioniq 5 EV Priced from 39,700

Awhile back, Hyundai unveiled the production version of its Ioniq 5 electric hatchback. With concept-inspired styling, a spacious interior, and built on Hyundai's first dedicated EV platform, the Ioniq 5 is the first in a line of fully-electric vehicles from the Brand. Hyundai has finally announced pricing for the 2022 Ioniq 5, with base models starting at $39,700. However, with a $7,500 federal tax credit for EV's, pricing for base-model 2022 Hyundai Ioniq 5 models will be brought down to just $32,000, making it affordable for most EV shoppers. Read on to find out more about the 2022 Hyundai Ioniq 5. NOTE: All pricing discussed in this article includes a mandatory destination fee, but does NOT include any applicable taxes, or other fees.

Starting at $39,700, the base 2022 Hyundai Ioniq 5 SE Standard Range RWD comes very well-equipped for its price point. Standard features on the SE Standard Range trim includes a single 125kW electric motor with a 58kWh battery producing 168 horsepower, and Ultra-Fast Charging with an 800-watt (800W) charging system, four-wheel disc brakes with an Antilock Braking System (ABS), independent McPherson-Strut front and multi-link rear suspension, an electric power steering system, an electronic parking brake with auto-hold functionality, six total airbags, a regenerative braking system with steering wheel-mounted paddles and brake assist, a forward collision avoidance assist system with junction turning, a blind spot collision avoidance system with rear cross-traffic collision avoidance assist, lane keeping assist with lane following assist, driver attention warning, power rear door child locks and rear occupant alert, a vehicle stability management system with traction control, hill start assist with downhill brake control, a rear view monitor camera system with guidance lines, a rear park distance warning system, a tire pressure monitoring system (TPMS) with individual tire monitoring, a tire mobility kit, active front grille shutters, LED front headlamps with automatic on/off delay functionality and automatic front high beam headlamp control, 19" "Aero" aluminum-alloy wheels, a 0.85 Cubic Ft. (0.85 Cu. Ft.) "Frunk" (front trunk), LED daytime running lamps (DRL's), aero front windshield wiper blades, a "Shark Fin" roof-mounted antenna, dual heated exterior side mirrors with integrated turn signal indicators, acoustic and solar-absorbing window glass with rear privacy glass windows, "Aero" flush-mounted exterior front and rear door handles and a hidden charge port door, LED rear tail lamps, a rear tailgate spoiler with an LED center high-mounted stop (CHMSL) lamp, a 12.3-inch (12.3") full Thin Film Transistor (TFT) reconfigurable LCD instrument cluster display screen, a dual-zone automatic climate control system with "Driver-Only" mode, power windows with a front driver's fully-automatic power window, power door locks, LED interior lighting, illuminated front visor vanity mirrors and sun visor extensions, a leather-wrapped tilting-and-telescoping steering wheel with multifunction controls, stain-resistant cloth seating surfaces, an eight-way, power-adjustable front driver's bucket seat and a six-way, manually-adjustable front passenger bucket seat, a front center floor console with an armrest and storage compartments, front seat back map pockets, a 60/40 manually folding-and-sliding rear bench seat with a reclining seat back, a rear seat center armrest with cup holders, rear cargo area hooks and a rear cargo area lamp, Highway Driving Assistant I (HDA I) with Smart Cruise Control (SCC) with Stop-and-Go and Machine Learning, a remote keyless entry system with a proximity keyless entry system, a 12.3-inch (12.3") touchscreen GPS navigation infotainment system with HD Radio and SiriusXM Satellite Radio (the latter including a paid trial subscription) and Apple CarPlay and Android Auto smartphone integration, the BlueLink connected car system with a paid trial subscription and remote charge access, a dynamic voice recognition system, multiple USB ports, and multiple 12V DC power outlets. There are no available options or packages on the base SE Standard Range RWD trim, although it should be noted that this trim will have delayed availability, with all other trims available at launch.

The 2022 Hyundai Ioniq 5 SE RWD, starting at $43,650, adds a 168kW electric motor with 225 horsepower, a 77.4kWh battery, and a towing capacity of up to 1,500 lbs.. The SE AWD trim, starting at $47,150, adds All Wheel Drive (AWD), as well as a heat pump, a battery heating system, and a 74kW electric motor in addition to the 168kW unit with a combined output rating of 320 horsepower, as well as an 'HTRAC' emblem on the rear tailgate. There are no options or packages available on either SE trim (RWD or AWD).

For those 2022 Hyundai Ioniq 5 buyers seeking even more convenience, there's the mid-level SEL RWD trim, which starts at $45,900, and adds more convenience items onto the base SE RWD trim, including LED projector-beam front headlamps, premium LED front accent lighting, power-folding exterior side mirrors, a HomeLink garage door opener system, a heated steering wheel, an ambient interior lighting system, a Qi-compatible wireless device charging system, leatherette-trimmed seating surfaces, "Soft-Touch" interior front and rear door panel trim, dual fully-automatic front power windows, rear HVAC system vents, a "Hands-Free" power rear tailgate with automatic-opening functionality, front AND rear park distance warning sensors, and Highway Driving Assistant II (HDA II). The SEL AWD model, starting at $49,400, adds these same features onto the base SE AWD trim. There are no additional options or packages on either SE trim (RWD or AWD).

For buyers of the 2022 Hyundai Ioniq 5 seeking luxury amenities, there's the range-topping Limited RWD trim, starting at $50,600. The Limited RWD trim adds even more luxury amenities onto the mid-level SEL RWD trim, including a surround-view monitor camera system, a blind spot view monitor camera system, a reverse parking collision avoidance assist system, Gloss Black-painted exterior accents, a "Vision" fixed panoramic sunroof, rain-sensitive front windshield wipers, a premium heads-up display (HUD) system with augmented reality (AR) functionality, an integrated front driver's memory system, dual power-adjustable front bucket seats, dual heated AND ventilated front bucket seats, a front driver's bucket seat "Relaxation" Function, premium interior door sill plates, a sliding front center console, rear window-mounted sunshades, adjustable rear seat head restraints, a Vehicle To Load (V2L) on-board charging system, a rear cargo compartment area tonneau cover, a Near-Field Communication (NFC)-compatible Hyundai Digital Key System, Remote Smart Parking Assist (RSPA), and an eight-speaker Bose premium amplified audio system. The Limited AWD trim, starting at $54,500, adds these same features onto the mid-level SEL AWD trim, plus twenty-inch (20") aluminum-alloy wheels. There are no available options or packages on either Limited trim (RWD or AWD).

Exterior paint color options on the 2022 Hyundai Ioniq 5 include Atlas White Clear Coat (Gloss White), Phantom Black Metallic (Metallic Black), Digital Teal Metallic (Metallic Blue-Green), Lucid Blue Metallic (Metallic Light Blue), Cyber Gray Metallic (Metallic Light Gray), Matte Shooting Star Clear Coat (Matte Dark Gray, NOT available on the base SE RWD/AWD trims). Interior color choices include Black (Monotone Black), Gray Two-Tone (Two-Tone Dark Gray/Light Gray), or Two-Tone Dark Green (Two-Tone Light Gray/Dark Green, NOT available on the base SE RWD/AWD trims). Hyundai will build the Ioniq 5 at its assembly plant in Ulsan, South Korea, and shares its platform with the upcoming 2023 Genesis GV60 EV and the 2022 Kia EV6. The 2022 Hyundai Ioniq 5 will reach Hyundai dealerships nationwide by the end of 2021. Its competitors include the all-new Chevrolet (Chevy) Bolt EUV, the Ford Mustang Mach-E, the related all-new Kia EV6, the all-new Subaru Solterra, the Tesla Model Y, and the all-new Toyota bz4X. What do you think of the 2022 Hyundai Ioniq 5? Let us know in the comments down below, and stay tuned right here to DriveTribe for more information as it becomes available!