2023 Hyundai Ioniq 5 EV pricing: Latest batch sold out, more coming

UPDATE, November: Sold out! More coming soon...

Tesla may be the Apple of cars, but Hyundai's Ioniq 5 has somehow become a pair of must-have sneakers: Limited batches released every now and then, and buyers lining up out the door.

Hyundai Australia has confirmed the most recent batch of Ioniq 5 electric vehicles has sold out, with all 200 finding homes across all states and territories of Australia, except NT.

Buyers went for a mix of Dynamiq (2WD) and Techniq (AWD) models, but the brand wouldn't say what proportion of each were sold.

Official VFACTS new-car sales figures for 2022, to the end of October, show Hyundai has sold 594 examples of the Ioniq 5 in Australia this year.

The Ioniq 5's stablemate, Kia's EV6, isn't far behind with 514 sales for 2022, to the end of October.

Tesla's Model Y, although not in this month's top 10 overall sales, is still comfortably ahead of EV rivals with 1076 sales in October and 6452 for the year so far.

As for the Ioniq 5, Hyundai Australia says we'll see another batch announced in late November or early December.

JUMP AHEAD

• 2023 Ioniq 5 news
• 2023 Ioniq 5 price list
• Features
• Powertrains, charging, & driving range
• Safety
• Dimensions
• Warranty & servicing
• Availability

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The story to here

2023 Hyundai Ioniq 5 pricing and features

The 2023 Hyundai Ioniq 5 has been detailed for Australia, with the updated mid-size electric SUV gaining more tech, power and driving range.

It is headlined by a new flagship grade, the Epiq, which gains digital side mirrors, a heat pump, and battery conditioning – all features previously unavailable in Australia.

Debuting ahead of the Ioniq 6 electric sedan, the digital side mirrors utilise a pair of OLED displays in the cabin, with improved “driver vision in all conditions” and reduced aerodynamic drag.

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The heat pump consumes less energy than a conventional electric heating system, while the battery conditioning system will activate in cold climates or if a DC charger is inputted into the navigation system for “improved DC charging and driving performance.”

However, pricing has increased for the carryover Dynamiq and Techniq variants, which were last updated just three months ago, with a circa-$2000 bump across the board.

This is offset by a larger 77.4kWh lithium-ion battery – up from 72.6kWh – enabling a WLTP-rated driving range of 507 kilometres, a 26-kilometre increase.

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In addition, the single-motor RWD and dual-motor AWD versions receive more power, and a revised ride and handling tune improves wheel control, bump absorption and body control.

Hyundai Australia has confirmed the next batch of Ioniq 5 Dynamic and Techniq models will be released at 1:00pm AEDT on Wednesday, October 26. It will comprise 200 vehicles and, as before, will be unavailable in the Northern Territory.

The range-topping Epiq will become available in a later release before the end of 2022.

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2023 Hyundai Ioniq 5 pricing

Prices exclude on-road costs.

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Comparisons

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2023 Hyundai Ioniq 5 features

Dynamiq

Techniq, in addition to Dynamiq

Epiq, in addition to Techniq

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Powertrains, charging, and driving range

Under the skin, the 2023 Hyundai Ioniq 5 features a 77.4kWh lithium-ion battery pack, with an increased cell count delivering 697 volts, up from 653 volts.

As before, it has an 800-volt electrical architecture with support for 350kW ultra-rapid charging.

The entry-level Dynamiq is powered by a single motor mounted to the rear axle, producing 168kW and 350Nm – up from 160kW.

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It has a claimed electric driving range of around 500 kilometres, which is a 19-kilometre increase over the 2022 model.

Stepping up to the Techniq and Epiq adds a 74kW front motor and 165kW rear motor – up 4kW and 10kW, respectively – for a total system output of 239kW and 605Nm (up from 225kW).

Both versions deliver a WLTP-rated electric driving range of 454 kilometres (up from 430km).

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Safety

The entire Hyundai Ioniq 5 range is covered by a five-star ANCAP safety rating, based on testing conducted in 2021. It has a 88 per cent score for adult occupant protection, 87 per cent for children, 63 per cent for vulnerable road users, and 89 per cent for safety assist.

Seven airbags (dual front, side, curtain, and front-centre) feature across the range.

Each variant includes the following active safety equipment as standard:

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Dimensions

The Hyundai Ioniq 5 has a wheelbase of 3000 millimetres, and is 4635mm long, 1890mm wide and 1605mm high.

RWD versions have a claimed 593-litre boot capacity, expanding to 1653 litres with the second row folded. It has a 57-litre front boot.

For all-wheel-drive models, luggage space is reduced to 560 litres or 1620L with the rear seats down, and a 24-litre front boot.

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Warranty and servicing

As per the wider Hyundai range, the Ioniq 5 is covered by the brand's five-year, unlimited-kilometre warranty, while its battery receives eight years and 160,000 kilometres of coverage.

Hyundai has doubled the Ioniq 5’s service intervals for model-year 2023, with maintenance now required every two years or 30,000 kilometres, whichever occurs first.

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Availability

The updated 2023 Hyundai Ioniq 5 Dynamiq and Techniq will arrive in Australia showrooms this month, while the flagship Epiq is expected to launch before Christmas.

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