Hyundai is on a hot streak. The Korean auto giant just had its best sales month in the US. Hyundai's impressive EV range is very expensive, with the Hyundai IONIQ 5 SUV als its best-seller.o set a new US record after sales doubled in November.
Hyundai IONIQ 5 records US sales in November
With 76,008 vehicles sold in November, Hyundai's US record breaking record is not slowing down. The CEO of Hyundai Motor America, Randy Parker, said that the growing demand for EVs and hybrid vehicles is contributing to the growth.
Hyundai's EV sales are up 77% from last year, while hybrid sales are up 104%. Retail sales of electric vehicles (EV, PHEV, and hybrid models) rose 92% overall last month.
Several vehicles, including the Santa Fe HEV, Tucson PHEV, Tucson HEV, and IONIQ 5, had their best sales month ever.
The IONIQ 5 continues to be one of the best-selling EVs in the US. Hyundai sold 4,989 IONIQ 5 models last month, more than double (+110%) from the 2,372 sold in November 2023 and an 11% increase from the previous record in October.
In the first 11 months of 2024, Hyundai sold 39,805 IONIQ 5s in the US, up 30% year-over-year. Hyundai's record sales come after it introduced the refreshed 2025 IONIQ 5, which is a major upgrade over the previous model.
The updated 2025 model does not
The upgraded electric SUV has more range, features, and improved styling. It even includes a NACS port to access Tesla's Supercharger network.
Hyundai's new 2025 IONIQ 5 starts at $43,975, including a $1,475 destination charge. That's for the Standard Range model, which has a driving range of up to 245 miles. The extended range model starts at $46,550 and has a range of up to 318 miles. For adventure seekers, the rugged new XRT trim is available starting at $56,875.
Hyundai has also improved the interior with a redesigned steering wheel and HVAC controls. The new model also features an improved center console.
Inside it has two 12.3″ driver displays and infotainment screens. Based on customer feedback, Hyundai has added several physical buttons.
| 2025 Hyundai IONIQ 5 Trim | EV Powertrain | Driving distance (miles) | Starting price* |
| IONIQ 5 SE RWD Standard range | 168-horsepower rear engine | 245 | $42,500 |
| IONIQ 5 SE RWD | 225-horsepower rear engine | 318 | $46,550 |
| IONIQ 5 SEL RWD | 225-horsepower rear engine | 318 | $49,500 |
| IONIQ 5 Limited RWD | 225-horsepower rear engine | 318 | $54,200 |
| IONIQ 5 SE Dual Motor AWD | 320-horsepower dual motor | 290 | $50,050 |
| IONIQ 5 SEL Dual Motor AWD | 320-horsepower dual motor | 290 | $53,000 |
| IONIQ 5 XRT Dual Motor AWD | 320 horses two engines | 259 | $55,400 |
| IONIQ 5 Limited Dual Motor AWD | 320-horsepower dual motor | 269 | $58,100 |
Hyundai is building 2025 IONIQ 5 models at its largest EV plant in Georgia. All US-built Hyundai EVs are eligible for a $3,750 tax credit, but Hyundai passes on the full $7,500 with the lease. When the battery plant opens next year, Hyundai expects US-made EVs to qualify for the full $7,500.
With its first three-row electric SUV, the IONIQ 9, to be launched next year, Hyundai expects to gain momentum in the US.
As the new 2025 IONIQ 5 hits dealerships, Hyundai is offering close pricing on 2024 models. The 2024 Hyundai IONIQ 5 is available to lease for as low as $199 per month while in stock. You can use our link to view offers on the 2024 and 2025 Hyundai IONIQ 5 models at a dealer near you.
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