The 2026 Hyundai IONIQ 5 has substantial pricing reductions across its lineup ranging from $7,600 to $9,800, enabling Hyundai to better align with current market dynamics and support increased U.S. production volume. The IONIQ 5 starts at $36,600 (including $1,600 freight charges), a $7,600 price decrease, for the 168 horsepower SE RWD Standard Range with a 125 kW electric motor. The top-of-the-line 320 horsepower IONIQ 5 Limited AWD with 74 kW and 165 kW electric motors is $50,575, a $9,225 price reduction.