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Simplified Hyundai Ioniq 5 line-up for 2026

Hyundai consolidates, tweaks Ioniq 5 BEV line-up for 2026 as entry price rises $6400

8 Dec 2025

HYUNDAI has updated the Ioniq 5 line-up for 2026, condensing the battery electric crossover line-up from 14 variants to just four while upping the price of entry, although spec-for-spec price increases over the 2025 equivalents are modest. 
 
Now consisting of rear-wheel drive Ioniq 5 and Ioniq 5 Elite (formerly Ioniq 5 Dynamiq) variants plus the all-wheel drive Ioniq 5 N Line Premium (formerly Ioniq 5 Epiq) and flagship Ioniq 5 N, the $6400 higher base model price is due to Hyundai’s deletion of the 63kWh battery option. 
 
Instead, all Ioniq 5 variants are equipped with the larger 84kWh battery as well as additional technology such as a smartphone-based ‘digital key’ (alongside a traditional fob). 
 
Pricing for equivalent specification levels is up by a modest $400, offset by technology upgrades, but a sub-$70,000 entry price is now out of the question due to the larger battery offered across the board. 
 
The base Ioniq 5 and Ioniq 5 Elite have a 168kW/350Nm motor driving the rear wheels, with WLTP battery ranges of 570km and 530km respectively, while the dual-motor all-wheel drive N Line Premium produces 239kW/605Nm and will travel 495km (WLTP) between charges. 
 
Hyundai’s manic Ioniq 5 N remains a potent package, but is now offered in a single grade, with a fixed glass panoramic roof. 
 
Outputs from the range topper come in at an unchanged 448kW/770Nm, with a claimed driving range of 448km before plugging in, but Hyundai has tweaked the Drift Optimiser Pro system to offer “improved customisability and functionality” and the active sound system logic has also been updated – although it is not yet known whether the sound itself will differ. 
 
The flagship model also gets additional technology, which came as part of the earlier MY25 update, like smarter LED headlights, auto up/down for all windows and a haptic feedback steering wheel. 
 
All Ioniq 5 models are covered by Hyundai’s seven-year/unlimited kilometre warranty, while the battery is warranted for eight years/160,000km, and the company also offers 24- and 48-month pre-paid servicing plans. 
 
“We’re delighted to introduce our refined 2026 IONIQ 5 and IONIQ 5 N range, which brings the convenience of Digital Key 2.0 and an appealingly simple model line-up to our multi-award-winning electric medium SUV,” said Hyundai Motor Company Australia chief operating officer, Gavin Donaldson. 
 

2025 Hyundai Ioniq 5 pricing*: 

Ioniq 5 (a) 
$76,200 
Ioniq 5 Elite (a) 
$81,200 
Ioniq 5 N Line Premium (a) 
$91,700 
Ioniq 5 N (a) 
$115,000 
*Pricing excludes on-road costs

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