The upgraded electric SUV is arriving with up to $16,000 in savings. With discounts, Hyundai’s new 2025 IONIQ 5 can be bought for under $28,000, nearly half off MSRP. That’s even cheaper than a new Toyota RAV4.
Hyundai’s best-selling electric SUV is now better than ever. The 2025 Hyundai IONIQ 5 was introduced last September with more range, style, and features. It now even comes with an NACS port to charge up at Tesla Superchargers.
The refreshed IONIQ 5 was the first vehicle to roll off the assembly line at Hyundai’s new EV plant in Georgia. Build in the US, it now qualifies for the $7,500 federal tax credit for the first time. But that’s not all.
Hyundai is already offering massive savings opportunities as the new electric SUV rolls out to dealerships. According to auto intelligence firm CarsDirect, the 2025 Hyundai IONIQ 5 already has up to $16,000 in discounts.
In addition to the $7,500 EV tax credit, all trims feature a $7,500 Retail Cash Bonus. Buyers can use the tax credit up front, while the Cash Bonus is valid when buying or leasing.
2025 Hyundai IONIQ 5 (Source: Hyundai)
In addition, Hyundai offers a $1,000 conquest in most areas if you trade in a competitive vehicle. This can also be used when buying or leasing.
When added up, that’s up to $16,000 in discounts. Starting at $43,975, you could potentially buy the 2025 Hyundai IONIQ 5 SE Standard Range model for under $28,000.
That’s even more affordable than the 2025 Toyota RAV4, which starts at $30,245. However, Toyota’s SUV does not have a factory rebate. Hyundai’s promotion ends on February 3, 2025.
With a bigger 84 kWh battery, the 2025 IONIQ 5 has a driving range of 318 miles, up from 303 miles in the outgoing model. The Standard Range model, powered by a 63 kWh battery pack, has a range of 245 miles.
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’s new model now comes with an NACS port as standard, unlocking access to 36,000 DC fast chargers. That’s more than double the number current drivers have access to.
The interior, updated based on customer feedback, now includes added HVAC controls, a redesigned steering wheel, and a new center console. The cockpit features a dual 12.3″ infotainment and driver display with wireless Apple CarPlay and Android Auto support.
They may not purr like a well-tuned diesel, but Pet Valu has added two brand-new, whisper-quiet Volvo VNR Electric semi trucks to its growing logistics fleet as part of the company’s ongoing effort to transform its supply chain into one that’s more efficient, and more sustainable.
Pet Valu is one of Canada’s leading specialty retailers, offering a wide variety of pet food, toys, and and other fur-and-feather friendly supplies to keep pets healthy and happy. Part of the company’s efforts to deliver on that happy/healthy promise is in reducing ground-level air pollution, and these new, zero-tailpipe emission electric semi trucks will help Pet Valu achieve that vision.
“At Pet Valu, we are committed to continuously improving how we serve devoted pet lovers and their pets,” explains Nico Weidel, chief supply chain officer, Pet Valu. “Each electric delivery truck represents an opportunity to avoid consuming over 25,000 liters of diesel fuel or over 62 tonnes of CO2 (emissions) per year. We’re excited to explore how these trucks perform and assess the potential for further electrification of our delivery fleet in the future.”
Pet Valu spec’ed out its new Class 8 Volvo VNR Electric day cab trucks with the 565 kWh six-battery pack configuration, offering route drivers an operating range of up to 442 kilometers (about 275 miles) per charge. And, while Volvo’s VNRs are capable of ultra-fast charging, these trucks will power up overnight overnight at the company’s Surrey distribution center an a newly installed 120 kW charger.
In addition to deploying the trucks, the Volvo Trucks team worked closely with Pet Valu to identify and secure additional funding opportunities to help offset the high up-front cost of the battery-electric semis, including federal (Canadian) and provincial incentive programs Clean BC – Go Electric and iMHZEV (incentives for Medium- and Heavy-Duty Zero-Emission Vehicles).
“We are excited to see Pet Valu taking the initiative in the Canadian pet supply industry by adopting Volvo’s VNR Electric trucks,” says Matthew Blackman, managing director for Canada, Volvo Trucks North America. “As they venture into sustainable transportation, this effort is expected to not only strengthen their supply chain but also help support a healthier planet, one ‘purr-fectly’ quiet kilometer at a time.”
And, yes: we made the same joke. (I stand by it.)
Electrek’s Take
Volvo VNR Electric semi deployed by 3PL Martin Brower; via McDonald’s.
Consulting firm TRC has made a name for itself in the clean trucking space both for managing the ACT Expo and helping commercial fleets navigate the increasingly complex world of ZEV incentives. This week, the company reached a major milestone: $2 billion in funding!
Over the last few years, GNA (which was acquired by TRC in 2023) has developed and submitted more than 650 successful grant applications and funding requests on behalf of its clients, helping them to achieve their environmental and sustainability goals while saving money on total cost of ownership in the process.
“We feel privileged to assist forward-thinking companies to achieve their goals to develop and demonstrate the commercial use of some of the most cutting-edge and advanced technologies in the marketplace today,” said Erik Neandross, President, Clean Transportation Solutions at TRC. “Managing multi-million-dollar grant applications can be daunting, but our team’s tenacity and knowledge ensures that our clients will successfully achieve their objectives while they remain focused on their core business activities.”
Noteworthy projects that received funding through TRC’s support include:
Over $40 million for the JETSI Project, which deployed 100 zero-emission Class 8 trucks across Southern California to operationalize zero-emission freight movement at scale.
$44 million for Volvo LIGHTS, an initiative that implemented a blueprint for the complete ecosystem needed to successfully deploy commercial battery-electric trucks.
$5 million for Mariposa County Resource Conservation District to develop, demonstrate and deploy environmentally and economically sustainable biomass-to-energy systems for the forest and food waste sectors.
$6.5 million for Foster Farms for projects to modify parking yards with EV charging parking stalls and implement emissions-reducing mechanical upgrades at five Foster Farms plants.
$4.4 million for Otter Tail Power Company to enhance grid resiliency with next-generation technology.
TRC’s efforts have helped clients to tap funding from sources such as Volkswagen Settlement Funds, Federal Highway Administration, DOE, South Coast Air Quality Management District (AQMD), California Air Resources Board (CARB), California Energy Commission (CEC), Low Carbon Fuel Standard (LCFS) programs, and others.
Electrek’s Take
Joe Annotti is a senior executive dedicated to clean transportation and energy independence initiatives at TRC, and has been a great guest on several of my podcasts – most recently Quick Charge on the Electrek Daily channel. You can check out that episode, above, then let us know what you think of TRC’s fleet decarbonization efforts in the comments.
SOURCE | IMAGES: TRC; photo by the author.
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The Helen Delich Bentley Port of Baltimore has announced a first for the contemporary American maritime industry: a battery-electric rail car mover that can organize the rail yard without dirtying up the air around it.
Built by the Marmon Rail’s Italian Zephir division, the LOK 16.150E model rail car mover features an 80-volt rechargeable battery pack sending current to a pair of 40 kW (about 50 hp) high-torque brushless motors. That may not sound like a lot in a world of 650 hp Kias and 1000 hp Teslas, but it’s enough to generate a drawbar pull (read: towing force) of more than 39,000 lbs. … all while generating zero tailpipe emissions.
Wallenius Wilhelmsen is using the Zephir to move rail cars loaded with heavy lift, farm and construction equipment, and military cargo within the Dundalk Marine Terminal, and claims it will remove over 180 tons of harmful carbon emissions per year.
You can check out the promotional video released by the Port of Baltimore to celebrate the Zephir’s deployment, below, then let us know what you think in the comments.
If you want to learn more about the Pennsylvania Railroads’ 100-year lead on electric rail car switcher technology, check out this article on Railfan, which includes the photos below plus a whole lot more.