Preview: 2022 Hyundai Ioniq 5 electric crossover offers retro looks from $40,925

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Hyundai in 2020 established the sub-brand Ioniq for its future electric vehicles (the name was taken from Hyundai’s current Prius rival), and in February the covers came off the first member of the new EV family: the 2022 Hyundai Ioniq 5.

Hyundai on Monday provided details on what U.S. buyers can expect, including the all-important pricing information. The 2022 Ioniq 5 arrives at dealerships later in December with a starting price of $40,925, including a $1,225 destination charge.

The base price is similar to what rivals like the Volkswagen ID.4, Tesla Model Y and Ford Mustang Mach-E start at. The Ioniq 5 also has corporate cousins in the form of the Kia EV6 and Genesis GV60, though pricing for these models is yet to be announced.

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

Note, the Ioniq 5’s base price is for an SE Standard Range model which comes with a 58-kilowatt-hour battery and a single electric motor at the rear generating 168 hp. All other Ioniq 5 models come with a 77.4-kwh battery and the choice of either 225 hp in single-motor, rear-wheel-drive guise or 320 hp in dual-motor, all-wheel-drive guise.

EPA-rated range for the Ioniq 5 SE Standard Range is 220 miles. Models with the bigger battery are rated at 303 miles in rear-wheel-drive guise or 256 miles in all-wheel-drive guise.

The quickest Ioniq 5 sprints to 60 mph from rest in less than five seconds and all models have a top speed of 115 mph. Maximum tow capacity is 1,500 pounds. Hyundai said it is still deciding whether to develop a more extreme model via its N performance skunkworks, but it looks like one is coming.

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

2022 Hyundai Ioniq 5

The Ioniq 5 has a boxy, almost wedge-like look that echoes the Giugiaro-designed Pony Coupe concept of 1974, which later spawned the first Hyundai. There are also cool elements like lights made up of individual pixels and a clamshell hood that spans the width of the car.

Underpinning it is Hyundai Motor Group’s new E-GMP dedicated EV platform, a skateboard-style design that is extremely stiff. The platform can support both 400V and 800V fast-charging, and its multi-charging system will effectively step up the voltage with 400V hardware to achieve fast, stable charging. According to the automaker, the Ioniq 5 can get from a 10% charge to 80% in just 18 minutes, and as a bonus, buyers receive two years of complimentary charging with Electrify America.

The Ioniq 5 has also been designed with bi-directional charging and as a result can supply a continuous 3.6 kilowatts, which can be ideal when camping or during a blackout. Power connectors can be found under the rear seats and at the charging port on the exterior of the vehicle.

2022 Hyundai IONIQ 5 at Electrify America DC fast-charging station

2022 Hyundai IONIQ 5 at Electrify America DC fast-charging station

The Ioniq 5 is about 182 inches long which makes it roughly five inches shorter than the Model Y, though the Hyundai has the longer wheelbase. That wheelbase, Hyundai is keen to point out, amounts to lots of space for five adults. Cargo space is ample, too—18.8 cubic feet in back, or 56.2 cubic feet with the seats folded. A wide, configurable cockpit features individual 12-inch screens for the instrument cluster and infotainment hub. Augmented reality head-up display technology is also included, as are multiple electronic driver-assist features including semi-autonomous highway and parking assist features.

Hyundai has already confirmed two additional vehicles based on the E-GMP platform and slotting in the Ioniq family. One is an Ioniq 6 sedan based on last year’s stunning Prophecy concept. It’s due in 2022. Another is an Ioniq 7 large SUV due in 2024 and previewed by the recent Seven concept. Together with fellow Hyundai Motor Group brands Kia and Genesis, we should see a total 23 EVs introduced by 2025.

Full pricing for the full range is listed below:

2022 Hyundai Ioniq 5 SE Standard Range – 168 hp – RWD – 220 miles – $40,925
2022 Hyundai Ioniq 5 SE – 225 hp – RWD – 303 miles – $44,875
2022 Hyundai Ioniq 5 SE – 320 hp – AWD – 256 miles – $48,375
2022 Hyundai Ioniq 5 SEL – 225 hp – RWD – 303 miles – $47,125
2022 Hyundai Ioniq 5 SEL – 320 hp – AWD – 256 miles – $50,625
2022 Hyundai Ioniq 5 Limited – 225 hp – RWD – 303 miles – $51,825
2022 Hyundai Ioniq 5 Limited – 320 hp – AWD – 256 miles – $55,725

All prices include a $1,225 destination charge.

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