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Over in its home market of South Korea, the 2027 Hyundai IONIQ 5 has just launched. The popular all-electric model is coming in with a price cut, trying to stay competitive with the ever-expanding BYD lineup. At the same time, the 2026 Hyundai IONIQ 5 has just got exclusive EV recognition over in the United States.
2027 Hyundai IONIQ 5
The 2027 IONIQ 5 comes in the following trims: Standard E-Value+, E-Lite, Modern, Premium, Inspiration, and N Line. The Modern trim comes with a 1.6 million won ($1,054) price cut as well as various incremental improvements year over year. The Premium trim is getting a 900,000 won ($593) price cut. Here are all of the starting prices by trim:
Standard E-Value+ 2WD — 47.35 million won ($31,228)
