Starting Price Set at 74.9 Million Won After Tax Benefits

Hyundai Motor Company launched a new trim, the "Essential," for its high-performance electric vehicle, the Ioniq 5 N, which incorporates advanced electrification technology, on September 22.


The Ioniq 5 N Essential features optimized specifications at a more reasonable price point, lowering the entry barrier so that more customers can experience the high-performance driving capabilities of the Ioniq 5 N.


Hyundai Motor Company retained the high-output motor, battery, and N-specialized functions of the Ioniq 5 N in the Essential trim, while restructuring the features to focus on core convenience options. The selling price has been reduced by approximately 2 million won compared to the existing model, enhancing its price competitiveness.


The Essential trim is equipped with major advanced driver assistance systems (ADAS), including: Forward Collision-Avoidance Assist (covering vehicles, pedestrians, cyclists, oncoming vehicles at intersections, and head-on vehicles), Rear Cross-Traffic Collision-Avoidance Assist (while exiting parking), Blind-Spot Collision-Avoidance Warning (while driving), Rear Cross-Traffic Collision-Avoidance Assist, Intelligent Speed Limit Assist, Smart Cruise Control (with stop-and-go function), Lane Keeping Assist, Highway Driving Assist, and Navigation-based Smart Cruise Control (for safe zones and curves).


Hyundai Motor Company has also introduced a new "Parking Assist Lite" package, which consists of key safety and convenience features to assist with easy parking.


Ioniq 5 N. Provided by Hyundai Motor Company

Ioniq 5 N. Provided by Hyundai Motor Company

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The Parking Assist Lite package includes frequently used features such as Surround View Monitor, Blind-Spot View Monitor, Rear Parking Collision-Avoidance Assist, and Side Parking Distance Warning. This package is exclusively available for the Essential trim.


Additionally, Hyundai Motor Company has enhanced the product value by adding second-row remote folding to the Comfort Plus package.


The retail price of the Ioniq 5 N Essential, after applying eco-friendly vehicle tax benefits, is 74.9 million won. A Hyundai Motor Company representative explained that the actual purchase price may be even lower depending on government or local subsidies.



A Hyundai Motor Company representative stated, "We will continue our efforts to provide vehicles with outstanding product competitiveness so that customers can more easily access high-performance electric vehicles."


This content was produced with the assistance of AI translation services.

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