Hyundai’s upgraded 2025 IONIQ 5 starts at under $44,000 with more range and an NACS port
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 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.
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 |
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.
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.
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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In the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy. In this week’s episode, we discuss how Trump’s victory will impact the EV market, TSLA surging, the new Ioniq 5 being a great deal, and more.
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Environment
Range Rover to launch smaller Velar electric SUV, the first to ride on JLR’s EMA platform
Jaguar Land Rover confirmed the first EV based on its new EMA platform will be here in less than two years. After the Range Rover Electric and Sport EVs, a smaller electric SUV, likely the Velar will hit the market.
Range Rover Velar electric SUV is due out in 2026
The first Range Rover electric SUV is expected to make its big debut soon, with sales starting in 2025.
Shortly after, the Range Rover Sport Electric will hit the market. JLR’s CEO Adrian Mardell has now confirmed that the first EV to ride on its new EMA platform will launch in less than two years.
Unlike Range Rover’s flagship EV, the new model will be underpinned by the company’s new EMA platform. The Range Rover Electric and Sport EVs share the same MLA platform as the current gas models.
According to AutoCar, the new EV is expected to be the smaller Range Rover Velar Electric, which will launch in under two years.
“We’ll first have MLA BEV, with the Range Rover BEV later next year,” Mardell said. “Then it’s the first vehicle off EMA, which will probably be springtime in 2026.”
Well ahead of its debut, Range Rover’s smaller Velar electric SUV model has already been spotted out testing.
In August, we got our first look at the electric Velar, which was being delivered on a transporter to JLR’s Nurburgring test facility.
The first EMA-based model will launch with hands-free, eyes on driving features. A spokesperson told AutoCar it would be the first to feature the new tech.
With the first Range Rover Electric launching soon, JLR said the electric SUV had already secured over 48,000 clients on its waitlist. According to JLR, its customers are using PHEVs “as a stepping stone towards battery electric vehicles (BEVs).” The Range Rover Electric will make its first appearance shortly. Check back for more details soon.
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Trina Solar is selling its Texas solar panel factory as the US scrutinizes Chinese companies cashing in on Inflation Reduction Act tax breaks.
FREYR Battery is acquiring Trina Solar’s 5 gigawatt (GW), 1.35 million-square-foot solar panel factory in Wilmer, Texas, that only just came online on November 1.
FREYR, which was founded in Norway and moved its headquarters to Georgia, will pay $340 million for Trina’s factory. Trina will retain a minority ownership stake in Freyr, reports Bloomberg. The factory is set to reach full production by 2025, with firm contracts already locking in 30% of its estimated output for US customers.
The two companies announced the acquisition on November 6, the same day that Kamala Harris conceded the US election to Donald Trump. On July 31, senators introduced S.4873, a bipartisan bill aimed at stopping Chinese companies from cashing in on US tax credits meant to boost American solar manufacturing. Chinese companies are expected to face even tighter trade restrictions under the Trump administration.
As Electrek reported in August 2023, Changzhou-headquartered Trina Solar was one of five Chinese solar panel manufacturers that received a US Department of Commerce (DOC) tariff slap because the DOC ruled that the companies were dodging US tariffs on China-made goods by processing components in Southeast Asian countries before shipping their solar products to the US.
Daniel Barcelo, FREYR’s newly appointed CEO, said, “We are proud to be partnered with Trina Solar, a global manufacturing and solar technology leader. Domestic manufacturing capacity for solar and batteries is essential for energy transition and job creation.” Barcelo said in an interview, according to Bloomberg, that he feels confident that the newly acquired factory will qualify for the IRA manufacturing tax credit.
As Politico reported earlier this week about the Inflation Reduction Act’s 45X tax credit:
The 45X tax credit pays factory owners based on each component that’s produced. A solar module, for instance, can receive 7 cents a watt, or $70,000 per megawatt, though the payment will get smaller beginning in 2029.
Trina’s 5,000-megawatt Texas factory stands to receive $1.775 billion from 2025 through 2032 if it operates at a 78% utilization rate, according to Antoine Vagneur-Jones, head of trade and supply chains at BloombergNEF. At a 60% utilization rate, Trina would net more than $1 billion, he said.
FREYR says its next step is to build a 5 GW solar cell factory in the US, and site selection is already underway. The company plans to break ground in the second quarter of 2025, aiming for initial production in the second half of 2026. The new US-owned and operated solar cell factory will help solve a key bottleneck for developers, create up to 1,800 direct jobs, and meet local content requirements for US solar projects.
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