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Hyundai officially announced prices and EPA range estimates for the new 2025 IONIQ 5. The upgraded IONIQ 5 is Hyundai’s first EV with an NACS port, so you can charge up at Tesla’s extensive Supercharger network. With more range, features, and trim options than ever, the electric SUV is an improvement in every way.

Hyundai shook the internet after unveiling the upgraded 2025 IONIQ 5 in September. The electric SUV has already been a massive hit for the Korean automaker, but the new model is poised to see even more demand.

Prices for the 2025 Hyundai IONIQ start at $43,975, including a $1,475 destination fee. That’s for the base SE RWD Standard Range model with up to 245 EPA-est miles driving range.

For $46,550, the extended range SE RWD trim provides an impressive up to 318 miles driving range.

You can also snag the new XRT trim, loaded with added off-road design features like Terrain Mode and front tow hooks, starting at $56,875. If you’re looking for even more, the range-topping Limited AWD model starts at $58,100 with a full slate of new features.

2025-Hyundai-IONIQ-5-prices
2025 Hyundai IONIQ 5 XRT (Source: Hyundai)

2025 Hyundai IONIQ 5 prices and driving range by trim

The IONIQ 5 is already Hyundai’s best-selling EV, but the upgrades are a drastic improvement over the current model.

Hyundai’s new 2025 IONIQ 5 now comes with a standard Tesla NACS charging port and CSS adaptor, unlocking access to 36,000 DC fast chargers, more than double the amount current drivers have access to.

2025-Hyundai-IONIQ-5-prices
2025 Hyundai IONIQ 5 (Source: Hyundai)

The NACS port will “make the ownership experience and road trips more convenient and enjoyable for our customers,” said Olabisi Boyle, Hyundai Motor North America’s senior VP of product planning.

The new model also gains a bigger battery. Standard models now have 63 kWh battery packs, up from 58 kWh. The long-range models feature an 84 kWh battery, up from the previous 77.4 kWh.

2025 Hyundai IONIQ 5 Trim EV Powertrain Driving Range (miles) Starting Price* 
IONIQ 5 SE RWD Standard Range 168-horsepower rear motor 245 $42,500
IONIQ 5 SE RWD 225-horsepower rear motor 318 $46,550
IONIQ 5 SEL RWD 225-horsepower rear motor 318 $49,500
IONIQ 5 Limited RWD 225-horsepower rear motor 318 $54,200
IONIQ 5 SE Dual Motor AWD 320-horsepower dual motor 290 $50,050
IONIQ 5 SEL Dual Motor AWD 320-horsepower dual motor 290 $53,000
IONIQ 5 XRT Dual Motor  AWD 320 horsepower dual motor 259 $55,400
IONIQ 5 Limited Dual Motor AWD 320-horsepower dual motor 269 $58,100
2025 Hyundai IONIQ 5 prices and range by trim (*includes $1,475 destination fee)

Hyundai also upgraded the interior and exterior. You can immediately see the exterior design improvements with a redesigned front bumper and headlights, adding to the IONIQ 5’s bold look.

Based on feedback, the interior has been fine-tuned. It includes redesigned HVAC controls and a new center console and steering wheel.

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2025 Hyundai IONIQ 5 Limited interior (Source: Hyundai)

A 12.3″ center infotainment is at the center of it with wireless Apple CarPlay and Android Auto support.

The 2025 IONIQ 5 is Hyundai’s first vehicle built at its massive new Metaplant America manufacturing plant in Georgia.

2025-Hyundai-IONIQ-5-prices
2025 Hyundai IONIQ 5 (Source: Hyundai)

All US-built IONIQ 5 models qualify for a $3,750 federal tax credit, but Hyundai is offering the full $7,500 through leasing. The 2025 models will begin arriving at dealerships by the end of 2024.

Ahead of its arrival, the 2024 model is still one of the top-selling EVs in the US. The electric SUV helped push Hyundai to its best-ever October US sales last month.

With the new 2025 IONIQ 5 arriving by the end of the year, Hyundai is offering closeout deals on 2024 models. You can use our link to find the best deals on Hyundai’s IONIQ 5 at a dealer near you.

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Trump’s latest offshore wind cancellation is a threat to the grid – ISO New England

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Trump's latest offshore wind cancellation is a threat to the grid – ISO New England

Trump’s Interior Department halted construction on 704 megawatt (MW) Revolution Wind, the US’s first multi-state offshore wind project that’s already 80% complete. Grid operator ISO New England says the decision is a threat to the grid.

ISO New England released a statement responding to the stop-work order, warning that “delaying the project will increase risks to reliability.”:

As demand for electricity grows, New England must maintain and add to its energy infrastructure. Unpredictable risks and threats to resources – regardless of technology – that have made significant capital investments, secured necessary permits, and are close to completion will stifle future investments, increase costs to consumers, and undermine the power grid’s reliability and the region’s economy now and in the future.

Revolution Wind, a joint development between Ørsted and BlackRock’s Global Infrastructure Partners, is a 65-turbine project capable of powering around 350,000 homes in Rhode Island and Connecticut once it’s complete. It was expected to come online next year. The project has created more than 1,200 jobs.

On August 22, the director of Bureau of Ocean Energy Management sent a vague letter to Ørsted commanding it to halt all activities on the fully permitted Revolution Wind, citing “national security interests,” yet providing no details.

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BOEM’s Record of Decision for Revolution Wind, reported in 2023 in Section 4.6, page 185, states that the national security effects of the project would be “negligible and avoidable.”

This latest move echoes Trump’s cancellation in April of New York’s $5 billion Empire Wind 1 project, which was already under construction off New York’s coast. No viable reasons were given for that stop-work order either, and the cancellation was reversed in May.

Kit Kennedy, managing director for power at Natural Resources Defense Council (NRDC), released the following statement in response to the Revolution Wind order:

The Trump administration’s war on the electricity needed to power the grid continues on all fronts. Halting Revolution Wind is a devastating attack on workers, on electricity customers, and on the investment climate in the US.

New England homeowners will feel this when they tear open their electricity bills and look at the surging costs of keeping the lights on.

This administration has it exactly backwards. It’s trying to prop up clunky, polluting coal plants while doing all it can to halt the fastest growing energy sources of the future – solar and wind power.

It makes no sense to say we have an energy emergency and then make decisions like this. Unfortunately, every American is paying the price for these misguided actions.

Read more: Trump reversal revives Empire Wind, NY’s offshore energy giant


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Tesla teases new product release on Friday

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Tesla teases new product release on Friday

Tesla is teasing a new product release on Friday, August 29th, coming to Europe and the Middle East. It’s likely going to be the Model Y Performance.

On X today, Tesla has teased an upcoming product release coming this friday.

The post is cryptic. It only mentions ‘spoiler alert’ and the date August 29 with what looks like a close up of a vehicle with what appears to be a spoil – hence the “spoiler alert” reference:

There are main suspect is the Model Y Performance due to the spoiler reference.

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Since the Model Y refresh in January, Tesla stopped selling the Model Y Performance. It is due to launch the top performance version under the new design.

When Tesla released the Model 3 refresh in 2024, it took about 4 months for Tesla to launch the new performance version.

Electrek’s Take

The only thing that I find strange with this likely being the Model Y Performance is the fact that they tweeted this from the Europe and Middle East account.

It would be strange for the Model Y Performance to launch there first, but who knows. Maybe Tesla started production at Gigafactory Berlin first.

I don’t think this will have a major impact on Tesla’s business. The Model Y Performance is the least popular version of the best-selling Model Y.

We don’t have the full mix of sales, but I wouldn’t be suprised if it represents less than 10% of Tesla’s Model Y deliveries.

The Model 3 Performance is probably a more popular option within the Model 3 lineup as it is a lot more fun to drive.

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Genesis GV60 Magma EV sheds camo, revealing a radical new look [Video]

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Genesis GV60 Magma EV sheds camo, revealing a radical new look [Video]

The GV60 Magma will have a distinct look and feel compared to other Genesis vehicles. As the first EV from its new performance sub-brand, the Genesis GV60 Magma will debut with enhanced power, advanced suspension, a sporty new design, and more. For the first time, it was caught on video racing around the Nürburgring, giving us our closest look yet.

Genesis GV60 Magma EV flexes new style at Nürburgring

We got our first look at the new Magma models last March at the NY Auto Show alongside the full-size Neolun concept.

Magma is “the brand’s expansion into the realm of high-performance vehicles,” Genesis boasted. Among the first vehicles to earn a Magma upgrade is the GV60.

Genesis fine-tuned the electric crossover SUV, giving it a wider and lower stance for improved control. The larger lower air intake contributes to the aggressive new look, while also serving to cool the batteries and motor, both of which have been upgraded for enhanced performance.

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Earlier this year, we got a good look at the GV60 Magma during winter testing in Europe. Although you could see a few new design features, it was mostly covered in camo.

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Genesis GV60 Magma testing with other Magma vehicles (Source: Genesis)

After it was recently spotted with less camo at the Nürburgring race track in Germany, we are getting an even better idea of what to expect when it arrives.

The video from CarSpyMedia shows the Genesis GV60 Magma EV with a production body and minimal camouflage.

You can see the high-performance vehicle flexing its power and handling as it rips around the track. Like other Hyundai Motor performance EVs, including the new IONIQ 6 N, you can expect the Genesis GV60 Magma to deliver over 600 horsepower, if not closer to 700.

The current Genesis GV60 Performance delivers up to 429 horsepower and 516 lb-ft of torque, good for a 0 to 60 mph sprint in 3.7 seconds.

Horsepower 0 to 60 mph
(seconds)
Starting Price
Genesis GV60 Performance 429 3.7 $69,900
Genesis GV60 Magma ? ? ?
Porsche Taycan 402 4.5 $99,400
Porsche Taycan Turbo GT
(with Weissach Package)
1,092 2.1 $230,000
Tesla Model S Plaid 1,020 1.99 $89,990
Genesis GV60 Magma vs Porsche Taycan vs Tesla Model S Plaid

Genesis will launch the GV60 Magma EV later this year in Korea, followed by the US, Europe, and other global markets. We will learn prices and final specs closer to launch, but given the Performance models start at $69,900, you can expect a higher starting price tag, likely closer to $75,000.

At that it would be significantly less than the Porsche Taycan Turbo and Tesla Model S Plaid. Will it match the performance?

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