2026 Hyundai Ioniq 5 price and specs: Model range slashed, new tech added

• 2026 Hyundai Ioniq 5 pricing and specifications
• Digital Key 2.0 tech added
• Powertrains and driving range unchanged
• Priced from $76,200 plus on-road costs

Hyundai has slashed the number of available variants in the 2026 Ioniq 5 range, just 18 months after rolling out a complex model matrix with 16 available grades.

The updated range now constitutes the entry-level Ioniq 5, mid-spec Ioniq 5 Elite, and up-spec Ioniq 5 N Line Premium.

The new Elite and Premium trims replace the former Dynamiq and Epiq trim levels, and bring naming conventions in line with Hyundai’s other models.

The previous option of N Line styling has been removed, with no N Line package for the Elite, and N Line styling standard on the Premium instead.

Hyundai also no longer offer the base model Ioniq 5 with the option of 63kWh and Extended range 84kWh batteries, instead equipping the entire range with the larger capacity 84kWh battery.

Pricing for the Ioniq 5 starts from $76,200 for the base version with rear-wheel drive, 19-inch wheels, and 570km WLTP-rated driving range.

The Ioniq 5 Elite offers rear-wheel drive, but 20-inch wheels, dropping range to 530km. Pricing starts from $81,200.

The Ioniq 5 N Line Premium switched to dual-motor all-wheel drive, with a 495km range rating and pricing from $91,700 – all before on-road costs.

Single motor Ioniq 5s features a 168kW/350Nm motor, the dual-motor N Line Premium uses a 74kW/255Nm front and 165kW/350Nm rear motor setup for a combined 239kW/605Nm output.

With the removal of the Standard Range battery, the less powerful 125kW motor has also been dropped. Hyundai has also removed the option for digital side mirrors.

A full range of features can be found listed at the bottom of this article.

The flagship Ioniq 5 N also continues into the revised range in a single model priced from $115,000 plus on-road costs.

The revised 2026 Ioniq 5 N picks up updates from the 2025 range that skipped the 5N model, including steering wheel haptic feedback, intelligent front lighting system headlights, and auto up/down on all four windows.

The previously optional sunroof is now standard on the Ioniq 5 N.

The 5 N retains the same dual-motor drivetrain as before with a 166kW/350Nm front motor at 282kW/390Nm rear motor for a combined 448kW/740Nm and a boost mode peak of 478kW and 770Nm.

Driving range is short, however, at 448km.

Hyundai has also added its newest Digital Key 2.0 technology to the BlueLink connected services suite.

Via a paired smartphone of smartwatch, Digital Kay 2.0 can utilise the device’s NFC (near-field communication) or UWB (ultra-wideband) functionality to unlock and start the car.

UWB-compatible devices work completely hands-free, while NFC phones require the device to be held to the door handle to unlock.

Digital Key 2.0 can be stored on one device, but users can share access with up to 15 other devices, and can be used on compatible devices even with a flat phone battery. Physical NFC cards are also available as an accessory.

• Ioniq 5 RWD – $76,200 (up $400)
• Ioniq 5 Elite RWD – $81,200 (up $400)
• Ioniq 5 N Line premium AWD – $91,700 (up $400)
• Ioniq 5 N – $115,000 (Up $4617)

Note: All prices above exclude on-road costs.

• Heat pump
• Tyre Pressure Monitoring System (TPMS)
• Auto up/down windows – all positions
• Battery heating system
• Drive Mode – Eco, Normal, Sport, Snow
• Convenience front window open/close
• Battery conditioning function
• i-Pedal mode (one-pedal driving)
• Power child lock – rear doors/windows
• 7 airbags – inc. front centre side airbag
• Smart regenerative braking 2.0
• 10-way power driver seat with two-way lumbar support
• 6-way manually adjustable passenger seat
• 2-way manual rear seats – fore/aft and 60:40 split fold rear backrest with recline
• Highway Driving Assist 2 (HDA 2)
• Forward Collision-Avoidance Assist 2 with car, pedestrian, and cyclist detection, junction turning and crossing, lane change oncoming and side intervention
• Evasive Steering Assist
• Blind-Spot Collision Avoidance-Assist
• Blind-Spot View Monitor
• Driver Attention Warning
• Leading Vehicle Departure Alert
• High Beam Assist
• Intelligent Speed Limit Assist
• Lane Following Assist
• Lane Keeping Assist - Line/Road-Edge
• Manual Speed Limit Assist
• Parking Collision-Avoidance Assist – Rear
• Parking Distance Warning Front/Side/Rear
• Rear Cross-Traffic Collision-Avoidance
• Rear Occupant Alert – logic type
• Safe Exit Assist
• 3D Surround View Monitor
• Navigation-based Smart Cruise Control (NSCC) with Stop & Go function and Machine Learning function
• 19-inch alloy wheels – New design
• Tyre Mobility Kit (TMK)
• Auto dusk sensing headlights
• 12.3” digital instrument cluster - CCNC
• LED projection headlights
• LED tail and rear combination lights
• Adjustable ambient lighting
• LED front light guide – hidden type
• ECM interior mirror
• Shift by Wire – column mounted
• Acoustic laminated windscreen
• Solar control windscreen/front door glass
• Paddle shifters –regenerative brake control
• Acoustic laminated side door glass (front/rear)
• Smart Key with push button start
• Remote start – via Smart Key
• Remote Smart Parking Assist 2 (RSPA2)
• Power door handles - capacitive touch
• Smart Parking Assist (SPA)
• Heated & power folding side mirrors
• Rain sensing aero wipers
• 12.3” Multimedia navigation unit - CCNC
• Android Auto/Apple CarPlay - wireless
• 6 Speaker audio system
• Bluelink & OTA updates w. Digital Key 2.0
• Gloss black window frame/mirror trim
• Satin chrome door & bumper trim
• Liquid silver body cladding and front/rear skid plates
• Wireless phone charger (Qi standard)
• Wool yarn/eco-processed leather appointed combination seats
• 4 x USB-C charging ports
• 2 x 12V socket
• Leather appointed steering wheel
• Dual zone climate control with auto defog
• Cloth knit headlining
• Virtual Engine Sound System (VESS)
• LED interior lighting
• Portable emergency charging cable – ICCB
• Alloy scuff plates
• Vehicle To Load (V2L) function – Inside

• 20-inch alloy wheels
• 255/45 Michelin Pilot Sport EV tyres
• Privacy rear door/tailgate glass
• Smart Power tailgate
• Sliding centre console
• Eco-processed leather-appointed seats
• Heated front seats
• 10-way power passenger seat with two-way lumbar support
• Alloy pedals
• Luggage net
• Head-Up Display (HUD)
• Bose premium audio with eight speakers

• Dual motor AWD
• Vision Roof – fixed glass panel w/ powersunshade
• LED projection headlights with IFS
• Suede seats with N Logo and red stitching
• Premium ‘relaxation’ seats – front
• Ventilated front seats
• Heated steering wheel with N logo and red stitching
• N Line styling package including bumpers and 20-inch wheels
• Memory driver & all passenger seats (front/rear)
• 2-way power rear seats – fore/aft (60:40)
• Heated rear seats
• Rear door sunshades
• Body colour cladding
• N Line exclusive hidden lighting signature
• N Line Badging

• 21-inch forged alloy wheels
• 275/35 R21 Pirelli P-Zero HN tyres
• Electronic Control Suspension - 3 modes
• 400mm ventilated front brake rotors with  N calipers
• 360mm ventilated rear rotors with electronic park brake
• N e-shift
• N Active Sound+ - logic update via OTA
• Electronic Limited Slip Differential (E-LSD)
• N Launch Control
• N Drift Optimiser Pro with Torque Kick Drift – logic update via OTA
• N Pedal
• N Torque Distribution
• N Grin Boost
• Track SOC
• Left Foot Braking
• N Battery pre-conditioning with Drag and Track modes
• N Race with Sprint and Endurace modes
• N styling with luminous orange inserts
• Alcantara and leather-appointed interior
• N light seats, manual adjustment
• 60:40 split fold rear seat w. slide & recline
• N specific centre console – sliding armrest
• Digital rear view mirror - electrochromic
• Paddle shifters (regen/N e-Shift control)
• Head-Up Display (HUD) with N theme

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Kez Casey migrated from behind spare parts counters to writing about cars over ten years ago. Raised by a family of automotive workers, Kez grew up in workshops and panel shops before making the switch to reviews and road tests for The Motor Report, Drive and CarAdvice.

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