"Lower Price, Same Performance": Hyundai Launches New Ioniq 5 N Trim
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.
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.
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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."
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