Here’s How Much New EV You Can Get for $40k

If you have been considering an EV, you’ll want to see the cheapest new ones you can buy.

So you’ve been wondering if an EV would be a good choice for you. But all of the cool ones seem to cost $100k or more. Well luckily prices have been coming down and there are five EVs you can buy in the U.S. for $40k. They are:

Model Average Sale Price Average Listed Price
Nissan Leaf $27,956 $34,706
Nissan Ariaya $35,556 $51,438
Hyundai Ioniq 6 $36,506 $46,917
Tesla Model 3 $40,547 $43,649
Toyota bZ4X $40,646 $48,087

Why two columns? That “average listed price” is before any automaker discounts, federal tax credits, or local tax breaks. One big difference for the federal EV tax credit in 2024 is that it is applied at the point of sale, so you don’t need to wait until you file your taxes to see the cash.

Nissan is one of the oldest names in EVs. The Nissan Leaf, introduced in 2009, is the longest running model on this list. It looks like Nissan is cashing in on this reputation and some dealerships are marking up Leafs. The average Leaf is currently going for 6% above MSRP, so you’ll want to shop around.

The face of the 2024 Hyundai Ioniq 6
2024 Hyundai Ioniq 6 | Allison Barfield | MotorBiscuit

Experts worry that these EV prices won’t stay so low. But Tesla’s recent stock woes have driven it to slash prices. And other automakers are doing the same to compete. The Model 3 is by far its cheapest model. While it is a little outdated by the quick charging speeds of competitors, the Model 3 still benefits from Tesla’s comprehensive “Supercharger” network.

While Toyota’s bZ4X (and its Subaru Solterra twin, MSRP $44,995) are getting mixed reviews, the Hyundai Ioniq 6 is getting rave reviews. With this first generation of EVs, everything is about the numbers and Hyundai is leading its segment with 800-volt charging speeds. Because you can charge the Ioniq 6 for 20-30 minutes, then drive for several hours, it is one of the only EVs you can roadtrip indefinitely.

The Volvo EX30 Takes On The Hyundai Kona Electric And The Winner Isn’t Obvious

The Electrifying YouTube channel decided to roll out the Hyundai Kona Electric for a head-to-head comparison of the features, capabilities, and pricing with the new Volvo EX30. While at first glance, you might expect the EX30 to come away with a major win, this is not a one-sided comparison by any means.

A Quick Takeaway of the EX30 and Kona Electric

The EX30 has fast charge speeds and is more attractive inside and out, but it is not spacious and has an overreliance on the central touchscreen. The Kona has a longer driving range, heads-up-display, large rear seat and excellent V2L features.

Regarding styling, both hosts agree that the EX30 easily takes the win. The Volvo has a nice clean look, even if it isn’t particularly bold or exciting. Nicki describes the Volvo’s overall aesthetic as having a “kind of coherent, Scandinavian finish to it.” Nicola especially appreciates the EX30’s 20-inch wheels, even if they aren’t the most efficient option.

When it comes to the Kona Electric’s aesthetics, the car takes a bit of a beating from front to back. The first punch is thrown at the Kona’s forward-facing, off-center charge port. “It’s not the most coherent car,” Nicola says. “It’s bubbly at the front, jiggy-jagged down the side, and has a little booty in the back.”2024 Hyundai Kona Electric Interior

On the interior, the hosts have differing tastes. The Kona Electric has a perfectly functional interior, with a nice driver’s cockpit. Most importantly for Nicola, most functions in the Kona are tied to actual buttons rather than the central screen. Nicki feels that while buttons are nice, the Kona’s cockpit is overkill and criticizes the interior for being too grey.

While the Kona might go too far in one direction, the EX30 takes it to the extreme in the other direction. Almost all primary functions are assigned to the 12.3-inch screen. Nicola is not a particular fan of this Tesla-styled cockpit “I just want a nob and a button. That’s all I’m asking for.”

Nicki and Nicola can agree that the Hyundai’s heads-up display is great, and are disappointed that it is not available on the Volvo.

The rear seat of the Kona is also a clear winner. The little Hyundai is nice and roomy with heated seats and plenty of ports including a vehicle-to-load (V2L) outlet. The rear of the EX30 does have good headroom thanks to the panoramic sunroof. But legroom is very tight and the Volvo lacks heated rear seats and a V2L outlet.

Both vehicles have small but quite functional frunks. Whereas the trunk space comparison is a blowout, with the Kona holding 466L and the EX30 only carrying 318L.

On the road, the Volvo drives very well, feeling a bit quicker than the Hyundai. They’re driving the single-motor rear-wheel drive version here, which has 272 hp and feels surprisingly sporty. The twin motor version does have better performance, but even the single motor EX30 has a respectable 5.3 second 0-60 time.

The Hyundai does not have the same level of performance, with 215 hp and a 7.8 second 0-60 time. The Kona Electric is also front-wheel drive and is prone to frequent tire squeals and loss of traction if you gun it from a standstill. Constantly pinging driver alert notifications are also irritating and go off for everything from slightly wandering eyes, hugging too close to lane markers and every single speed limit change. Still, the regen paddles are a nice feature and the ride itself is very good for a car this size and this price range.

On range and charging, there is a split decision. The Kona has a driving range of 319 miles WLTP range and takes 41 minutes to charge from 10 to 80%. The EX30 has a 295-mile WLTP range but takes only 28 minutes to charge 10-80% at a DCFC.

In the end, there are two recommendations: for those with children, the Hyundai Kona Electric is the obvious answer thanks to its larger rear seat and trunk space. For couples and singles, the Volvo EX30 is the way to go.

Hyundai Kona: The Hybrid vs. Gasoline Debate in 2024

Hyundai’s latest Kona model has stirred interest in the automotive market, offering both hybrid and gasoline options. The new model boasts enhanced dimensions with a length of 4.35 meters and an improved design for a striking appearance. The hybrid variant stands out with better fuel efficiency and advanced tech, while the gasoline version remains a cost-effective alternative, priced at NIS 155,000 compared to the hybrid’s NIS 173,000.

  (credit: Walla System / Udi Etzion)
(credit: Walla System / Udi Etzion)
  (credit: Walla System / Udi Etzion)
(credit: Walla System / Udi Etzion)

In the face of rising fuel prices and the challenge of range anxiety, the Kona’s hybrid model is becoming a popular choice for those seeking economical driving. The base gasoline version offers commendable performance with a 1,000 cc turbo engine, while the hybrid version promises up to 20 km per liter, providing significant savings for frequent drivers. Despite minor differences in comfort and features, the gasoline variant delivers strong value, especially for those who drive less than 15,000 kilometers annually.

  (credit: Walla System / Udi Etzion)
(credit: Walla System / Udi Etzion)
  (credit: Walla System / Udi Etzion)
(credit: Walla System / Udi Etzion)

Specifications Overview:

  • Engine: 1,000 cc turbo gasoline, 120 hp, dual-clutch automatic
  • Performance: 0-100 km/h in 11.7 seconds, top speed 180 km/h
  • Fuel Consumption: Manufacturer’s claim 16.9 km/l, tested urban 13.5 km/l
  • Dimensions: Length 4.35m, Width 1.82m, Height 1.57m, Wheelbase 2.66m
  • Safety Features: Autonomous emergency braking, adaptive cruise control, lane departure warning
  • Warranty: 3 years or 100,000 km
  (credit: Walla System / Udi Etzion)
(credit: Walla System / Udi Etzion)
  (credit: Walla System / Udi Etzion)
(credit: Walla System / Udi Etzion)

For those debating between the hybrid and gasoline models, the Kona provides a range of options tailored to various needs, balancing performance, economy, and advanced features.

Hyundai Kona Named Best Small SUV Under $50K for 2024

The Rise of Small SUVs

The landscape of compact SUVs has never been more vibrant, with the 2024 Drive Car of the Year Award for Best Small SUV under $50K highlighting the Hyundai Kona as a standout choice. As the small SUV segment continues to evolve, this category offers unprecedented value and innovation, benefiting consumers with increasingly advanced and affordable options.

This year’s competition included formidable contenders such as the refreshed Kia Seltos and the Nissan Qashqai, the previous year’s champion. However, the Hyundai Kona’s combination of cutting-edge features, a stylish design, and practical performance set it apart from its rivals, securing its position as the best choice under $50K.

Hyundai Kona: A Comprehensive Overview

The 2024 Hyundai Kona impressed judges with its remarkable blend of technology and comfort. The model’s sleek, futuristic design is complemented by a significant increase in standard features, including a 12.3-inch touchscreen, adaptive cruise control, and a host of safety technologies.

Notably, the Kona offers a range of powertrains to suit various needs, from the efficient hybrid version to a more dynamic turbocharged engine. With a competitive price and extensive feature list, the Kona delivers exceptional value, making it a top pick for those seeking a reliable and stylish small SUV.

Hyundai Clinches Major Awards in 2024 U.S. News Best Value Vehicle Evaluation

Hyundai’s Exceptional Achievement in National Auto Awards

Hyundai has captured significant accolades in the 2024 U.S. News Best Cars for the Money awards, underscoring the brand’s prowess in automotive engineering and design. Ricky Lao, Hyundai Motor North America’s Director of Product Planning, emphasized that these accolades confirm the company’s dedication to producing vehicles that excel in innovation, driving pleasure, and efficiency, while also offering features that enhance user experience.

Excellence Across Multiple Vehicle Categories

Hyundai’s vehicles, particularly the Elantra Hybrid, IONIQ 5, and Tucson, have earned praise for their value and driving satisfaction, according to Jim Sharifi, Managing Editor at U.S. News Best Cars. These models are celebrated for providing cost-efficient ownership and fulfilling driving experiences, showcasing Hyundai’s capacity to deliver vehicles that perform well beyond their price points.

Thorough Review Process by U.S. News Best Cars

The evaluation by U.S. News & World Report involves a detailed review across twelve vehicle categories, aiming to spotlight those that offer the best value and satisfaction over time. This rigorous process considers safety and reliability statistics, automotive expert reviews, current market pricing, and comprehensive ownership cost analysis over five years, providing buyers with reliable and extensive vehicle purchasing advice.


Hyundai’s Robust Contribution to the U.S. Auto Market

Hyundai Motor America significantly influences the U.S. automotive sector, reflecting the overarching goals of Hyundai Motor Company to foster human advancement. Its operations include significant manufacturing and research facilities in the U.S., such as the large-scale assembly plant in Alabama and the innovative Hyundai Motor Group Metaplant America underway in Georgia. These operations inject billions into the U.S. economy and support numerous jobs, reinforcing Hyundai’s commitment to American technological progress and economic development.

Honda, Kia and Hyundai dominate list of Best Cars for the Money

Just in time for this weekend’s D.C. Auto Show, U.S. News & World Report has issued its 2024 list of the Best Cars for the Money. Eleven cars have won the distinction ranging from compact sedan to minivan to three-row SUV.

Three automakers dominate the list: Honda, Kia and Hyundai.

“We believe that you can’t ever get a good deal on a car unless you’re getting a good car that will give you years and years of trouble-free and inexpensive service. So our ‘Best Cars for the Money’ awards really honor those cars that have good reliability, good quality and are going to be on the road for the long haul,” said John Vincent, senior editor in charge of vehicle testing at U.S. News & World Report.

The organization measures the quality of the vehicles that make the list by determining the actual cost of a car — including ongoing costs, like repairs and insurance — and the comfortability with the drive, interior and tech features.

There are familiar names and models that have long-earned the praise and loyalty of car buyers, including the Honda Civic, the 2024 model named Best Compact Car for the Money.

“Honestly, that’s probably one of the most competitive awards here … the Civic competes with the Toyota Corolla known long for its reliability, [and] the Kia Forte, which comes with that 10-year, 100,000-mile warranty. But when we look at the complete package, our numbers show that the Civic comes out on top. The Civic is popular, it’s stylish … everything about that car works really well,” said Vincent.

Other Hondas judged “best for the money” are the 2024 Accord in the mid-size category, the 2024 Odyssey minivan and 2024 Passport, which is a two-row SUV.

Kia has placed four models on the “Best Car for the Money” list.

“That’s surprising from a brand that … has only been in the market for a relatively short time to have four awards out of 11. That’s amazing to me,” said Vincent.

The 2024 Kia Soul was named “Best Subcompact SUV for the Money,” the 2024 Sportage Hybrid won “Best Hybrid SUV for the Money,” the 2024 Sportage PHEV, “Best Plug-in Hybrid SUV for the Money” and the 2024 Telluride were named the “Best 3-Row SUV for the Money.”

“Telluride — they still haven’t met demand. They’ve had it out for several years and … as many of them as they can build they deliver into customers hands instantly,” said Vincent. “It does everything that you want from a three-row SUV, it’s comfortable, it drives great.”

The 2024 Hyundai Tucson was named “Best Compact SUV for the Money,” the 2024 Hyundai Ioniq 5 was named “Best Electric SUV for the Money” and the 2024 Hyundai Elantra Hybrid was named “Best Hybrid Car for the Money.”

Vincent said the awards will be doled out at this weekend’s D.C. Auto Show, where all of the cars on the list are expected to be on display.

© 2024 WTOP. All Rights Reserved. This website is not intended for users located within the European Economic Area.

The Surge in Kia and Hyundai Thefts: A Growing Concern for Public Safety

Rising Theft and Reckless Behavior

The surge in thefts involving Kia and Hyundai models is becoming increasingly troubling, with reckless actions escalating the issue. The trend, driven by the so-called “Kia Boys,” reveals how these vehicles are easily stolen and then used in increasingly serious crimes. This alarming behavior is not just about theft but also includes intentional crashes and dangerous joyrides.

Stolen Vehicles Used in Violent Crimes

The phenomenon of stolen Kia and Hyundai models has spread quickly, largely fueled by viral content on TikTok. Youngsters, many as young as 12, are driving these stolen cars in reckless ways—speeding, performing dangerous stunts, and causing significant damage. This reckless joyriding has resulted in numerous accidents, with some collisions tragically leading to fatalities.

Intentional Property Damage and Theft

In a disturbing twist, these stolen vehicles are now being used to intentionally crash into storefronts. Perpetrators slam through shop windows to loot merchandise before abandoning the cars. Recent incidents include a gun shop heist in Canal Fulton, Ohio, and thefts from a tobacco and marijuana shop in Everett, Washington.

Measures to Counteract Theft

To combat the rising thefts, Kia and Hyundai have introduced several preventive measures. For models lacking engine immobilizers—devices that prevent unauthorized starting—owners can purchase a security kit from Hyundai or use steering wheel locks provided by both brands. While newer models now come with standard immobilizers, older vehicles without this feature remain vulnerable.

2024 Hyundai Ioniq 5 N First Drive: More Than Just Huge Power (But It Has That Too)

In an age where electrified performance is as easy as moving a slider or turning a knob, where speed is a question of how quickly you can shuttle ions from anode to cathode, it’s honestly a little hard to get excited about yet another big, heavy, dual-motor electric vehicle with an ungodly amount of power.

Take the Kia EV6 GT, for example. Great as it is, it feels a bit disconnected at times. It’s stupidly fast, sure, but it’s also a bit boring. Kia added the power but forgot about the rest of the experience, the special touchpoints and tweaks that brands like BMW’s M division or Mercedes-Benz’s AMG have turned into cottage industries.

Given that, I didn’t know what to expect from the Hyundai Ioniq 5 N. More power, sure, but would it feel special? Or would it just feel like a bigger hammer?

As it turns out, Hyundai N’s performance engineers went way above and beyond to create a car that legitimately does feel special—rowdy even, while still delivering all the excellence of the base Ioniq 5.

Quick Specs 2024 Hyundai Ioniq 5 N
Output 641 horsepower/545 lb-ft of torque
Drivetrain All-Wheel-Drive
Battery 84 kilowatt-hours (lithium-ion)
0-60 MPH 3.2 seconds
Top Speed 162 mph (electronically limited)

The Complete Package

Let’s get the numbers out of the way first because, impressive as they are, they’re the least interesting part about this car. The Ioniq 5 N is officially rated at 641 horsepower and 545 pound-feet of torque. That power figure is exactly twice what the base Ioniq 5 puts down, a fact that can’t be a coincidence.

That power comes courtesy of new electric motors front and rear, 223 hp to the front and 378 at the rear, each able to go into an overboost mode for 10 seconds to get up to that 641 hp figure.

They’re powered by a wholly new battery pack rated at 84 kWh. That’s up about 7 kWh over the base car, a figure that seems hardly worth the effort of designing a wholly new pack. But then there are many aspects of the Ioniq 5 N that seem like they’d deliver dubious amounts of return on investment, like the extra seam welding and adhesive to boost chassis rigidity or the reinforced axles. And while Hyundai hasn’t given us range or efficiency estimates yet, you can be sure both will be less than a standard Ioniq 5.

Taken in isolation, each of these minor tweaks feels a bit unnecessary, fiddling for fiddling’s sake, but if nothing else, it shows the microscopic attention to detail brought to the table by Hyundai’s engineers in creating something more than the aforementioned bigger hammer.

The Ioniq 5’s suspension has also seen comprehensive revisions, with larger dampers fitted at every corner to provide a broader spread between soft and firm. An electronically activated, clutch-type, mechanical limited-slip differential at the rear ensures that the 282 kW motor at the back doesn’t liquidate the inside tire coming out of corners.

The front diff is open, but the car’s stability and traction systems have been comprehensively revised to enable it to do some basic torque vectoring by braking the inside wheel.

More Ioniq 5 News

Hyundai Motor Sold Over 19,600 All-Electric Cars In July 2023
Listen To Hyundai Ioniq 5 N’s Fake Exhaust At Idle In This Drift Spec Model
Watch 2024 Hyundai Ioniq 5 N Go Hard At The Nurburgring
Hyundai Exec: Ioniq 5 N Will Be “Much Faster” Than i30 N

Wonderful Toys

The software changes extend throughout all the systems under the proverbial hood, but they present themselves in numerous extra features available to the driver. It starts with the steering wheel, which features not only a drive mode button on the upper-left but also two more mode buttons, both labeled N.

The left N button cycles through a few different performance-minded driving modes. You can configure all these to your specifications — so long as your specifications entail a raucous, rowdy experience. The right N button dials up the societal nuisance factor even further by toggling through one of three fake engine noises, played not only inside the cabin but outside the car, too. There’s even a fake shifting experience, which you can read all about here.

Finally, there’s a shiny red button that sits tantalizingly close to your right thumb. A beautiful, shiny button labeled NGB: N Grin Boost. Press this, and you get those 10 seconds of maximum power, in which the car becomes most aggressive, most angry, and lightning quick. Tap this to get to the launch control quickly, but make sure you warn your passengers to put their head on the headrest before you take your foot off the brake.

The customizations continue through to the touchscreen interface, where a specific N page lets you cycle through endless configurable parameters, with toggles for enabling a track-oriented regen mode called N Pedal, an N Race section where you can toggle between maximum power for a single lap or more endurance, and even the N Drift Optimizer, for those who need a little help getting sideways.

The most tantalizing thing on this page, though, is the N Torque Distribution slider that lets you control the car’s power distribution. Leave it in the middle for maximum power from both motors. Want a FWD Ioniq 5 N? Slide it to the left. Want a taste of RWD action? Slide it all the way to the right—and get ready to do some sliding of another sort.

All these toggles and buttons are initially overwhelming and disorienting, way too many options to get through on your first drive. Honestly, though, I love it. This was my biggest complaint about the EV6 GT: There just wasn’t a single iota of performance-oriented customization to the car’s user interface. If anything, Hyundai’s gone a little too far in throwing a kitchen sink full of sliders and options at the Ioniq 5 N. Still, tech-obsessed buyers, those who’ve spent more time than they like to admit fiddling with setups in Gran Turismo, will adore the reconfigurability.

Behind The Wheel

If you’ve never had the chance to drive in Korea, let me assure you that you’re not missing much. Terminally slow speed limits (30 kph, or 19 mph, in many towns) enforced by endless speed cameras popping away at endless gridlock make for an underwhelming place to helm the wheel. Given that, I learned little about the Ioniq 5 N’s more performance-oriented on-road dynamics while in Korea.

However, I did learn that it’s still a perfectly civilized way to get from A to B, just like its non-N variant. Ride quality isn’t terribly compromised by those low-profile 275/35R21 Pirelli P Zero tires, though they bring more road noise to the party. The suede microfiber seats are still quite comfortable for big miles (and we did a lot of miles), while the latest version of Hyundai’s Highway Drive Assist works well on the highway, keeping the car centered in the lane and automatically stopping and resuming when stuck in traffic.

Thankfully, the destination of our long grind of a journey was Korea International Circuit, home of the doomed Korean Formula One Grand Prix from 2010 to 2013. Mother Nature is clearly reclaiming this massive, ill-fated track. Vines crawl up many of the disused grandstands. Sun-faded banners feature the distinctive, walrus-tusked F1 cars of the era, which thankfully haven’t been seen since.

Under-used though the circuit may be, it was a great chance to finally turn up the wick on the Ioniq 5 N. While my time on the track was too brief to know whether the car delivers on its promised endurance. It was enough, however, to determine that the 5 N has a delightful, playful character to it.

In the default mode, Normal, the Ioniq 5 N is fast but ultimately a bit tame and quick to reign in things whenever you start to have a bit of fun. Just give a tap to the N button and everything changes.

Now, the car wants to play. The accelerator is more eager, naturally, but the stiffer suspension imparts more urgency when you head for the apex, and it all culminates in much more fun on the way out. Even with the stability and traction controls well and truly enabled, the Ioniq 5 N gladly wags its tail under full-throttle acceleration, and that’s a delightful thing.

Turn on the N Pedal mode, which amps up the regen to add a sort of permanent trail-braking, and things get even more lurid. Here, I was able to get the car into a properly good slide coming out of the tightest bend on the circuit. This, again, was with the stability control still enabled.

The car definitely had a strong tendency towards understeer. That at least partly comes down to weight. Hyundai didn’t quote a formal figure for the 5 N but did say it weighs more than a regular Ioniq 5, which clocks in at around 4,000 pounds in AWD trim. Given that mass, you can’t expect much in the way of nimbleness on the track. Still, the 5 N was remarkably playful, a legitimately good time.

Every little drift was effortless to catch, just a quick twist of the quickened steering. Braking, too, is precise, despite having no mechanical connection between your foot and those calipers. It’s a full brake-by-wire system, so the car’s ECU decides how much braking to apply in response to your command.

The 5 N can pull up to 0.6 G under regeneration alone, which gets you most of the way there. But, when you ask for more, the car seamlessly brings in the four-piston monobloc calipers at the front and more modest single-piston units at the rear to help reign things in. It’ll even let you brake and throttle at the same time, a useful technique for low-grip racing that I’ve never been able to deploy on an EV before.

So the new N is fast and competent, and that’s all great, but what’s more important is its endurance. Too many high-power EVs can deliver amazing performance numbers only over short intervals. But, push them hard, and they soon start cutting power.

Hyundai N technical advisor Albert Biermann (formerly of BMW M fame) promised two full laps of the Nurburgring before the Ioniq 5 N needed to start dialing back the power. That, he said, was about 16 minutes of full-throttle action.

The goal, he said, was for you to do a 20-minute session at your favorite track, hit the pits, and spend 20 minutes on a fast charger, then be back out for another 20-minute session with no loss in power at all. That, sadly, we didn’t get to test, but it’s the kind of promise that should open the eyes of many a weekend warrior to the joys of electrification.

The Cost Question

There’s no way to hide the fact that the Ioniq 5 N is a big ol’ car. Its weight and girth are considerable obstacles to overcome in making it a legitimate track-day performer. Yet that’s just what Hyundai has done. The Ioniq 5 N is a real joy on the track, and yet also a pleasure to commute through the worst of all the copious traffic that Korea has to offer.

Many of the added features here are of dubious usability, but even the most gimmicky ones are fun, and fun is what Hyundai’s N division is all about. The Ioniq 5 N takes a great car and makes it a proper grin machine.

There is, however, one huge question that Hyundai has yet to answer: price. The Ioniq 5 N is clearly a specialized machine. Hyundai’s current Elantra N and Kona N both carry a roughly $10,000 premium over their base counterparts, representing a nearly 50 percent boost in price. Meanwhile, the approximately $63,000 Kia EV6 GT comes in about $20,000 more than a base EV6.

Given that, it seems unlikely that you’ll get into an Ioniq 5 N for less than $70,000, and I fear the final price will be even higher than that. We at least won’t have to wait long to find out.

The Ioniq 5 N hits dealers in March 2024.

Competitor Reviews

Kia EV6 GT

Tesla Model Y Performance

BMW iX

FAQs

What will the Hyundai Ioniq 5 N cost?

Hyundai hasn’t confirmed pricing on the Ioniq 5 N, but expect it to come in higher than its performance-oriented sibling, the Kia EV6 GT, which will set you back around $63,000.

What is the Hyundai Ioniq 5 N’s range?

Hyundai hasn’t given any range estimates for the performance-oriented Ioniq 5 N. It has a bigger battery pack than the current Ioniq 5 AWD, which is rated for 260 miles. But, with its worse aerodynamics, more weight, and more power, there’s a good chance it’ll come in lower.

Will the Hyundai Ioniq 5 N qualify for EV tax credits?

Unfortunately, since it is currently made in Korea, it will not. Like other EVs made abroad, the tax credit is still available if the car is leased.

2025 Hyundai Ioniq 5 N
Motor Two, Permanent Magnet, Synchronous
Output 641 Horsepower / 545 Pound-Feet
Drive Type All-Wheel-Drive
Battery 84 kWh, lithium-ion
Speed 0-60 MPH 3.2 seconds
EV Range TBA
Charge Time TBA
Charge Type 238 Kilowatt-Hours DC
Weight TBA
Seating Capacity 5
Cargo Volume 27.2 / 59.3 Cubic Feet
Towing TBA
Payload TBA
Base Price TBA
As-Tested Price TBA

Comparing Toyota’s Manual Transmission EV with Hyundai Ioniq 5 N’s Synthetic DCT: A Detailed Analysis

Experiencing Toyota’s prototype manual transmission in the Lexus UX300e was a revelation. Initially skeptical about this simulated manual, I was surprised to find myself enjoying the authentic driving sensations it offered, such as rev-matching and heel-toe shifting, which made me reevaluate my expectations for EV driving experiences.

In contrast, Hyundai’s approach with the Ioniq 5 N offers a different take on the synthetic transmission experience. While Toyota’s system, still in prototype phase, mimics a six-speed manual, Hyundai has implemented a faux eight-speed dual-clutch transmission (DCT) in its production model, featuring paddle shifters and three distinct engine sounds that can be toggled on or off. This feature enhances the driving experience by adding auditory feedback, though the effectiveness of these sounds compared to traditional engine notes remains debatable.

Hyundai’s synthetic transmission allows for a blend of performance and personal preference, with options for simulated shifting and external sound effects that create a dynamic driving atmosphere. While some might find the artificial sounds less engaging, the Ioniq 5 N’s customization options reflect a broader trend towards blending classic driving elements with modern EV technology.

Amazon’s Entry into Car Sales: What It Means for Traditional Dealerships

Hyundai Teams Up with Amazon for Innovative Car Sales

Hyundai has recently announced a partnership with Amazon to streamline the car-buying process, marking a significant shift in automotive sales. This collaboration won’t let you haggle with Alexa, but it promises a more convenient way to purchase a vehicle, either picking it up from a local dealership or having it delivered. This development hints at a major transformation in how cars are sold and raises questions about its impact on traditional dealerships.

The Shift Towards Online Car Buying and Its Implications

The demand for a hassle-free car-buying experience has grown, particularly with the rise of digital platforms. Amazon’s foray into vehicle sales is likely to revolutionize the automotive market by offering a familiar e-commerce interface for car purchases. Lawrence Pier of ComCap notes that while this shift offers convenience, it also places pressure on traditional dealerships to adapt or consolidate in response to the new online competition.

The Continuing Role of Dealerships in the Automotive Ecosystem

Despite Amazon’s new car sales platform, traditional dealerships will remain integral to the automotive industry. They will continue to handle vehicle pick-ups, inventory management, and essential services like repairs. As e-commerce giants like Amazon enter the car market, local dealers will need to enhance their technological capabilities to stay competitive and meet evolving customer expectations.

The Future of Car Sales and Customer Experience

While buying cars online is not entirely new, Amazon’s involvement could make the process more seamless for consumers. The support from OEM dealerships for post-sale issues and warranty repairs will be crucial for ensuring a smooth transition. Overall, if Amazon succeeds in delivering a superior buying experience, it could establish a lasting change in how vehicles are sold, benefiting both buyers and the industry at large.