Brand’s pricing plan runs up to $110k

THE entry version of Hyundai’s crucial new Ioniq 5 electric car will achieve eligibility for Government’s EV feebate, according to pricing and other information posted on the brand’s website.

Full pricing and specification details posted by Hyundai New Zealand show the five-door hatchback coming in for $79,990 in its base format – so, just $10 under the $80,000 barrier Government has set for achieving the funded rebate of almost $8700 that enacts from July 1.

The starter version is a single motor model with a smaller, 58kWh electric drivetrain than the four other versions also set to land later this year, which all come with a 72kWh unit. Those price when in two-wheel-drive at $89,990 entry and $96,990 Elite while all-wheel-drive variants start at $94,990 and top at $109,990, for a Limited.

The cited torque output for all drivetrains is 350Nm, but the 58kWh unit makes 125kW power while the 72kWh creates 155kW in dual motor all-wheel-drive and 160kW in single unite rear-wheel-drive.

Even the cheapest Ioniq 5 can travel up to 386km before needing a recharge, while the rear-drive 72.6kWh version will reach around 480km.

Opting for the all-wheel-drive version of the latter will give 462kms’ range.

The all-wheel-drive is also the quickest, able to accelerate from zero-to-100kmh in 5.2 seconds.

Regardless of powertrain/battery combination though, all Ioniq 5s come with fast-charging capabilities, able to recoup 80 percent of battery capacity in less than an hour using a 50kW charger. The car supports dual-mode 400V/800V charging. Further, it can support ‘Vehicle to Load’, or V2L, which means it can use its stored energy to power other devices

The first Hyundai product on sits on the brand’s new E-GMP (Electric - Global Modular) platform, the model is a star attraction of the brand’s stand at the national Field Days this week, though customer examples are not set to release until later this year.