Hyundai has announced the pricing for the upcoming Hyundai IONIQ 6 sport sedan.
The Hyundai IONIQ 6 captivated onlookers when it was revealed in the second half of last year. Its smooth aerodynamic design and exciting design language from the IONIQ 5 made it an immediate show stopper, and with a set of solid specs to boot, it looked like a world beater. Now, Hyundai has released the pricing structure for the new electric sedan ahead of its launch this summer.
The Hyundai IONIQ 6 will start at $41,600 for the single-motor, RWD, standard-range 53kWh version. The sedan can be spec’d up to $56,100 for the dual-motor, AWD, long-range model. Hyundai notes that all vehicles come with a $1,115 delivery fee.
|IONIQ 6 Trim Level||Electric Powertrain||Drivetrain||Driving Range||MSRP[v]|
|SE RWD Standard Range (18-inch wheels)||149HP rear motor||RWD||240 miles||$41,600|
|SE RWD Long Range (18-inch wheels)||225HP rear motor||RWD||361 miles||$45,500|
|SE AWD Long Range (18-inch wheels)||320HP dual motor||AWD||316 miles||$49,000|
|SEL RWD (20-inch wheels)||225HP rear motor||RWD||305 miles||$47,700|
|SEL AWD (20-inch wheels)||320HP dual motor||AWD||270 miles||$51,200|
|Limited RWD (20-inch wheels)||225HP rear motor||RWD||305 miles||$52,600|
|Limited AWD (20-inch wheels)||320HP dual motor||AWD||270 miles||$56,100|
While Hyundai is bringing some incredibly impressive specs, including 18-minute charging thanks to the vehicle’s 800-volt architecture, 320 max horsepower, and a max range of 361 miles, it remains unclear if its pricing is aggressive enough in the increasingly competitive EV market.
Foremost, because the new IONIQ 6 isn’t assembled in North America, it doesn’t qualify for the federal EV incentive of $7,500. Nonetheless, with its roughly $40,000 starting price, the IONIQ 6 is nearly a full $10,000 cheaper than the average used Tesla. Further, looking at the market overall, the IONIQ 6 falls substantially under the average EV MSRP of roughly $60,000.
Perhaps the most price-competitive spec of the Hyundai IONIQ 6 is the highest-range trim, coming in at $45,500 with a 225 horsepower single-motor RWD system fed by a 77.4kWh battery. Thanks to the Hyundai’s incredible aero design, this trim can achieve a range of 361 miles while retaining a sporty feel and a respectable 0-60.
With used EVs becoming an increasingly better deal, Hyundai may face a sales challenge it has not yet had to deal with. Though with the incredible demand for EVs, there is no doubt the IONIQ 6 is poised for success. Hopefully, Hyundai and other manufacturers can work over the coming years to continue to drop their prices and allow more people than ever to electrify their rides.
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