The all-electric IONIQ 5 SUV kicked off a new era at Hyundai as the first model in its dedicated EV brand. Hyundai IONIQ 5 sales have reached over 262,000 across 24 countries as the Korean automaker looks to expand its global presence.
Hyundai IONIQ 5 sales tops 262,000 in 24 countries
First launched in February 2021, the IONIQ 5 is Hyundai’s first model to ride on its dedicated E-GMP platform.
The E-GMP is a game-changer as the backbone of its all-electric models. Hyundai’s EV platform includes a large-capacity battery, providing the IONIQ 5 with up to 303 EPA-est miles range.
Perhaps more importantly, with 800V fast charging, the platform delivers ultra-fast charging, enabling the electric SUV to charge from 10% to 80% in as little as 18 minutes. In about 5 minutes, you can get up to 68 miles of range.
Hyundai’s electric SUV began rolling out in the US in May 2021 and is now nearly tied with Korea in cumulative sales.
Since launching, Hyundai has sold 66,938 IONIQ 5s in Korea and 66,481 in the US. As of February 2024, Hyundai IONIQ 5 sales had topped 262,000.
The IONIQ 5 is now on sale in 24 different countries, including Germany (33,731), the UK (14,426), Canada (11,526), and Norway (10,426), among several others.
Hyundai launched the refreshed IONIQ 5 in Korea with slight design improvements, higher battery capacity, and even faster charging. With up to 84 kWh battery capacity, the IONIQ 5 is now rated with up to 301 mi (485 km) range in Korea, up from 285 mi (458 km) from a 77.4 kWh battery. Range and pricing in the US have yet to be revealed.
After the IONIQ 5 earned the sporty N treatment earlier this month, Hyundai is preparing to launch another variant of its top-selling electric SUV.
A rugged XRT trim was spotted testing near Hyundai and Kia’s technical center earlier this month. According to TheKoreanCarBlog, Hyundai is expected to introduce the rugged IONIQ 5 variant in the US and Europe by the end of this year.
The 2024 IONIQ 5 in the US starts at $41,800, but Hyundai is offering massive savings during its “Getaway Sales Event.”
2024 Hyundai IONIQ 5 trim
Starting Price (excluding destination fee)
Range (EPA est miles)
SE Standard Range
$41,800
220
SE
$45,850
RWD: 303 AWD: 260
SEL
$47,400
RWD: 303 AWD: 260
Limited
$53,500
RWD: 303 AWD: 260
Disney100
$59,400
260
2024 Hyundai IONIQ 5 prices and trim options
Hyundai is offering a rare 0% APR offer for up to 60 months or a $7,500 EV bonus. The 2024 IONIQ 5 SEL RWD is available to lease for as low as $229 per month with up to $10,000 in savings ($7,500 EV lease cash + $2,500 customer bonus).
If you’re ready to hop in a new Hyundai IONIQ 5 at some of the lowest prices since its launch, we can help you get started. You can use our link to find deals on the 2024 Hyundai IONIQ 5 in your area.
FTC: We use income earning auto affiliate links.More.
We are finally getting a look at Kia’s sporty new electric SUV. With starting prices under $30,000, the 2025 Kia EV5 GT Line looks ready to compete with the best in China.
Kia unveils the new 2025 EV5 GT Line electric SUV
Kia unveiled the new 2025 EV5 GT Line at the 2024 Guangzhou Auto Show, giving the already impressive electric SUV a stylish upgrade.
After introducing the EV5 last summer, Kia claimed it “brings a new era of electric mobility to the compact SUV sector.” The smaller electric SUV includes much of the advanced new tech and software in Kia’s flagship EV9 but in a more affordable package.
At 4,615 mm long, 1,875 mm wide, and 1,715 mm tall, the EV5 is a direct rival to Tesla’s Model Y (4,760 mm long x 1,921 mm wide x 1,624 mm tall).
Kia launched the EV5 in China last November, starting at just $21,000 (149,800 yuan), undercutting top-selling rivals like the Tesla Model Y.
Powered by a BYD Blade battery, the base EV5 is rated with 329 miles (530 km) CLTC range. The longer-range model, with an 88.1 kWh battery, gets up to 447 miles (720 km) CLTC range.
Now, we are finally getting a look at the upgraded 2025 EV5 GT Line model. As you can see, the GT Line treatment includes a sleek blacked-out exterior design with 20″ aluminum alloy wheels.
The AWD powertrain boasts up to 316 hp (233) kW for a 0 to 62 mph (0 to 100 km/hr) sprint in about six seconds. Kia’s new GT Line model gets up to 360 miles (580 km) CLTC driving range with fast charging (30% to 80%) in 27 minutes.
Kia upgraded the interior with a leather-wrapped two-tone steering wheel and other blacked-out elements. It also includes Kia’s next-gen ccNC infotainment system with dual 12.3″ center and driver display screens.
What do you think of the new EV5 GT Line? Should Kia launch it in the US? Let us know what you think in the comments below.
As part of Zero Motorcycles’ new approach to affordability, the California electric motorcycle maker is increasingly relying on strategic partnerships in the industry to help lower costs and leverage production experience. Now we’re getting word that one of the company’s key partners, Hero MotoCorp, is closing in on its first Zero-enabled electric motorcycle model.
It’s giving a whole new meaning to “from Zero to Hero.”
Last year, Zero joined forces with India’s largest motorcycle maker, Hero MotoCorp, to develop a new electric motorcycle model. Zero obviously eyed Hero’s massive manufacturing footprint and decades of production experience, and it looks like that partnership is closer than ever to revealing the fruits of its labor.
“As far as EV motorcycles, as we have talked about, that we are developing in partnership with Zero Motorcycles. And that’s something that while we have not given out the timeline, but the work is in progress. And it will be coming in the middle-weight segment. I would say it’s in the advanced stage. We haven’t announced the timeline as yet, but we would be looking at something which would not be too far off,” explained Hero MotoCorp CEO Niranjan Gupta during the company’s Q2 earnings call with analysts.
While targeting the more sought-after middleweight market, Hero confirmed that the company would also produce a version for the more performance end of the motorcycling market.
Hero has massive production chops to its name, but the company is relatively inexperienced with electric two-wheelers. Hero has just two models of electric scooters currently available under its Vida brand, and no fully-fledged electric motorcycles of the style for which Zero is known.
Zero and Hero have yet to provide specifics about where such a motorcycle might land in the international market, but recent moves by the company could provide a few clues.
Last month, Zero announced that it had partnered with Chinese motorcycle maker Zongshen to produce its new Zero XE and XB electric motorcycles. The move comes as part of Zero’s recently announced “All Access” initiative, which is built around adding more affordable models to the Zero lineup. Priced at just US $6,494 and $4,195, the Zero XE and XB are the most affordable Zero bikes we’ve seen yet.
There’s more where those came from, too. Zero claims that it will have six unique models, all priced at under US $10,000, in the next two years.
Based on the advanced state of the Hero partnership bike, it’s likely that such a model could be revealed as part of Zero’s All Access program.
California has proposed offering $7,500 state EV tax rebates to residents if Trump kills the federal EV tax credit, Governor Gavin Newsom (D-CA) announced today.
Trump has repeatedly said that he would eliminate the $7,500 EV tax credit for new vehicles and $4,000 for used vehicles created by the Biden administration’s Inflation Reduction Act if he won the election.
In response, Newsom today proposed creating a new version of the state’s Clean Vehicle Rebate Program, which launched in 2010 and was phased out in 2023. California started with a $5,000 rebate for EVs and increased to $7,500. During its lifetime, the Clean Vehicle Rebate Program funded more than 594,000 vehicles and saved more than 456 million gallons of fuel.
Newsom’s announcement says that funding for the state EV tax rebates could come from the “Greenhouse Gas Reduction Fund, which is funded by polluters under the state’s cap-and-trade program.”
Newsom said in a statement:
We will intervene if the Trump administration eliminates the federal tax credit, doubling down on our commitment to clean air and green jobs in California.
We’re not turning back on a clean transportation future – we’re going to make it more affordable for people to drive vehicles that don’t pollute.
Newsom’s announcement didn’t say how the rebates would work, but he’s expected to share more details during an appearance today. The governor would need the backing of the state legislature to revive the rebate program.
California continues to lead the US in zero emissions vehicle adoption, surpassing 2 million electric, plug-in hybrid, and hydrogen-powered vehicles sold across the state. By 2035, all new cars and light trucks sold in California must be zero-emissions vehicles, along with 50% of all new heavy trucks.
To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.
Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*
FTC: We use income earning auto affiliate links.More.