Hyundai IONIQ

Hyundai IONIQ pricing

Hyundai IONIQ comes in two models: plug-in hybrid and all-electric. The all-electric model starts at $34,045. It may be eligible for federal tax credits depending on the year. It’s time consuming to investigate what prices dealers will offer, so Electrek has called around to find the best deals available. You can take these prices to your dealer, and they will generally match them.

Check out our pricing and leasing pages for all the latest pricing information.

2020 IONIQ Electric Pricing
Model	Electric Motor	Transmission	Drivetrain	MSRP
SE	100kW (134HP & 218 lb.-ft. of torque)	Single-speed reduction gear	FWD	$33,045
Limited	100kW (134HP & 218 lb.-ft. of torque)	Single-speed reduction gear	FWD	$38,615

Hyundai IONIQ features

Hyundai IONIQ is one of the most efficient EVs on the market. The 2020 model includes a 38.3kWh battery that yields a new 170-mile EPA-rated range. The only EV that is more efficient is the Tesla Model 3.

Hyundai has been the champion of the electric vehicle efficiency game since it debuted its IONIQ in 2016. That vehicle and subsequent model years had a 28kWh battery from which Hyundai was able to squeeze an impressive 124 miles of range. That gave it a MPGe rating of 136 miles, which is above the 120-ish miles that compact BMW i3 and Chevy Bolts were able to achieve.

The ratings are based on EPA’s formula, in which 33.7 kilowatt-hours (121 megajoules) of electricity is equivalent to one (US) gallon of gasoline. So how far can the car go on 33.7kWh?  More from Wikipedia.

This year, Hyundai updated the IONIQ battery 36% to 38.3kWh that yields a new 170-mile EPA-rated range. That should make its customers quite a bit happier and push it from compliance land to something that can do long commutes and short trips. The 170 EPA miles compares to the 183-mile WLTP standard used in Europe, and about what we had guessed at the time. Unfortunately for Hyundai, that increased battery and slight design refresh seems to have pushed its MPGe rating down slightly to 133 MPGe, where Tesla’s Model 3… was.

The Tesla Model 3 Standard Range Plus debuted with a 133 MPGe with its 240-mile range, and that continued through to the 2019 Model year. Tesla doesn’t do model years like most makers, however, as it continuously updates its cars for efficiencies and additional features. The EPA just takes one snapshot per year, and 2020 just dropped.

Tesla’s website was updated three weeks ago, showing 250 miles, and with the results out today from the EPA, it looks like that was enough to push Tesla to an incredible 141 MPGe combined, or only 24kWh of battery to travel 100 miles. That not only beats this year’s bigger IONIQ, it beats the all-time champ, the 2017-2019.

Hyundai IONIQ review

Electrek has not reviewed the 2020 model, but we did review the 2017 model.

In our reviews, Hyundai IONIQ performed very well. Both of our reviewers came away impressed with the car at its price point.

While the 2020 edition has a brand-new design, the older design is still tried and true. One of our chief complaints in the review was the number of buttons that the car has compared to Tesla. Be sure to read the entire review, though.

I love the Hyundai IONIQ EV and many of the decisions the engineers made on this vehicle. At around $19-23,000 after $7,500 US tax credit and various state incentives, it is the cheapest EV I’d recommend and opens the EV segment to a whole new swath of the population. If Hyundai is able to communicate the total cost of ownership to its customers, I think it could be a huge hit.