The refreshed, U.S.-made Ioniq 5 is eligible for a $3,750 tax credit when purchasing. It also gets a bigger battery and more range.
The 2025 Hyundai Ioniq 5 is the first model to be assembled at Hyundai Motor Group's brand-new factory in Georgia. The updated EV is eligible for a partial $3,750 federal tax credit when purchasing. Thanks to bigger batteries, the electric crossover can now drive longer distances than the outgoing model. The refreshed, U.S.-made 2025 Hyundai Ioniq 5 is here, and it’s a pretty big deal.
Photo by: InsideEVs 2025 Hyundai Ioniq 5 Limited The longest-range all-wheel-drive versions of the 2025 Hyundai Ioniq 5, the SE Dual Motor and SEL Dual Motor, can cover up to 290 miles on a full charge–30 more than on the outgoing model. The SE AWD starts at $51,975 while the SEL AWD goes for $54,475. Both are powered by a dual-motor setup that’s good for 320 hp. The most expensive model is the Ioniq 5 Limited Dual Motor, with a price of $59,574.
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