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6h ago

Hyundai Launches Lower-Cost IONIQ 5 N Essentials Trim in Korea

The pared-back model keeps the full dual-motor performance and skips select convenience features, with no plans for Australia or the U.S.

This photo provided by Hyundai Motor Co. shows the automaker's Ioniq 5 N model. (PHOTO NOT FOR SALE) (Yonhap)
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Overview

  • Priced at 74.9 million won after incentives, the Essentials undercuts the standard IONIQ 5 N’s 77.4 million won in South Korea.
  • Hyundai removes items such as ‘Intelligent’ headlights and the head-up display to reduce cost while preserving performance hardware.
  • The trim retains the 84 kWh battery and 478 kW/770 Nm AWD setup, with a claimed 3.4-second 0–100 km/h time and 260 km/h top speed.
  • Hyundai adds a Parking Assist Lite package with surround view monitoring and rear parking assistance alongside core ADAS features.
  • Hyundai Australia says the variant will not be offered locally, and Electrek reports it is not available in the U.S., where the 2025 IONIQ 5 N starts at $66,200 and lease deals reflect a $7,500 credit set to end September 30.