Overview

• Hyundai lists the Ioniq 5 N Essential at ₩74.9 million after incentives, a ₩2.5 million reduction versus the regular Ioniq 5 N in South Korea.
• The model retains the 478 kW/770 Nm dual‑motor AWD setup and 84 kWh battery, keeping the same acceleration and N performance features.
• Cost cuts come from deleting items such as the head‑up display, wireless charging pad, V2L connector, the intelligent headlamp system, some ADAS functions, and digital key.
• Optional add‑ons include a Comfort Plus package (₩590,000) and Parking Assist Lite (₩900,000), with extras like Alcantara trim, a vehicle protection film, and a Walk‑in Interior package.
• Hyundai Australia says the Essential will not be sold there, and it is not available in the U.S., where the Ioniq 5 N starts at $66,200 and lease deals currently reflect a $7,500 tax credit set to end on September 30.