Many traditional automakers are taking a stab at making EVs, and Hyundai's Ioniq 5 is an option that features three different models at various price points. The company's affordable sedans and mid-size SUVs are popular choices, but it has now started to experiment with electric vehicles. Hyundai has offered standard and plug-in hybrid models as an option on select cars for the past few years, but now has its first all-electric car in the Ioniq 5. Most companies start out with a sedan as their first electric vehicle, but recently there has been more experimentation in the industry.

Although nearly all established automakers are developing electric cars for their lineup, the Ioniq 5 is different from other concepts. The plan for most companies has been to take a successful existing model and adapt it into an electric vehicle. A good example of this is Ford, which added all-electric configurations to its Mustang and Ford F-15o series. However, Hyundai designed the Ioniq 5 completely from scratch. The Ioniq 5 looks distinct compared to the rest of the company's vehicles, and that works in its favor.

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There are three different configurations of the Ioniq 5 – the Ioniq 5 SE, Ioniq 5 SEL, and Ioniq 5 Limited. The cheapest model is the Ioniq 5 SE, which is the base trim that costs $44,000. This does not include delivery fees, freight charges, or taxes that may be applicable at the time of purchase, so the actual cost would be higher. The base model is still a compelling option, with a 303-mile range and a 168 kW (225 hp) powertrain. It also includes a digital dashboard that displays key instruments like the speedometer and a touchscreen media panel. On all models, there is an all-wheel drive configuration which increases the available power and subsequently decreases the vehicle's range.

Ioniq 5 Upgrade Configurations

Hyundai Ioniq 5 Interior
Photo via Hyundai

For a few thousand dollars more, the Ioniq 5 SEL adds some extra features that are likely to be useful when the car is driven daily. It has an MSRP of $46,250, but keeps the same 303-mile range and 168 kW (225 hp) powertrain. However, it adds Hyundai's proprietary H-Tex leatherette seating surfaces and a built-in wireless charger for compatible devices. The SEL also has all-LED headlights, which are brighter and longer-lasting compared to traditional bulb headlights. For the sake of convenience, it also has a hands-free smart lift gate that can auto-open when needed.

The most premium configuration of the Ioniq 5 is the Limited model which retails for $51,100 before any other add-ons are selected. Though it is significantly more expensive than the other two models, it offers an upgraded dashboard display that shows information through augmented reality. It also includes a smart parking assistant and blind spot mirrors that are commonplace on high-end EVs, making it competitive in the luxury market. There are benefits to choosing the Ioniq 5 Limited, but it shares the same range and powertrain as the other models. Unfortunately, all the Hyundai Ioniq 5 models have limited availability that is currently restricted to select dealerships in a handful of states.

Next: How Much Does It Cost To Charge An Electric Car?

Source: Hyundai