Home » 2024 Hyundai Ioniq 5 Release Date, Price, Engine

2024 Hyundai Ioniq 5 Release Date, Price, Engine

The all-new Hyundai Ioniq 5 is a game-changer in the world of electric vehicles. With its stylish design, long list of standard features, and impressive range, the Ioniq 5 is sure to turn heads when it hits dealerships in the spring of 2024. We had the chance to test drive the Ioniq 5 on a short journey from Seoul to the Hyundai Motor Group’s Namyang R&D Center, and we came away impressed with what this EV has to offer. Here are our thoughts on the new Ioniq 5.

History and Overview

The Hyundai Ioniq is a hybrid and electric vehicle produced by the South Korean manufacturer Hyundai. It was first introduced in 2016 and is currently in its second generation. The Ioniq has a number of unique selling points, including its spacious interior and advanced safety features.

The Ioniq’s history begins in 2012, when Hyundai started development of the car under the codename “Blue-Will”. The Ioniq was unveiled to the public for the first time at the 2016 Geneva Motor Show. The first generation Ioniq was launched in South Korea in January 2017, followed by Europe and North America later that year.

Engine and Performance

The Hyundai Ioniq comes standard with a 1.6-liter four-cylinder engine that produces 104 horsepower and 109 pound-feet of torque. A six-speed manual transmission is standard, and a seven-speed dual-clutch automatic is optional. The Ioniq is available in three different trims: Blue, SEL, and Limited. The Blue trim has a EPA-estimated fuel economy rating of 58 mpg city/53 mpg highway/56 mpg combined.1

If you’re looking for a hybrid or electric vehicle with excellent fuel economy ratings, the Hyundai Ioniq should be at the top of your list. It comes standard with a 1.6-liter four-cylinder engine that produces 104 horsepower and 109 pound-feet of torque, and it’s available in three different trims: Blue, SEL, and Limited. The Blue trim has an EPA-estimated fuel economy rating of 58 mpg city/53 mpg highway/56 mpg combined,1 making it an ideal choice for those who want to save money at the pump.

Fuel Economy

The Ioniq’s fuel economy is one of its best features. It gets an estimated 58 mpg in the city and 55 mpg on the highway. That’s impressive for a compact car. The Ioniq also has a low emissions rating, which is good for the environment.

Interior Design

When it comes to the interior design of the Hyundai Ioniq, there is a lot to love. From the comfortable and spacious seats to the sleek and modern dashboard, everything about the Ioniq’s interior is designed with the driver and passengers in mind.

One of the best features of the Ioniq’s interior is its infotainment system. This system is one of the most user-friendly and intuitive systems on the market, and it makes staying connected while on the go a breeze. Other great interior features include plenty of storage space, automatic climate control, and a sunroof.

Whether you’re looking for a comfortable commuter car or a stylish family vehicle, the Hyundai Ioniq has you covered. With its impressive list of interior features, this car is sure to meet all of your needs and exceed your expectations.


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When it comes to safety, the Hyundai Ioniq does not disappoint. This vehicle comes standard with a bevy of features that are designed to keep you and your passengers safe on the road. These features include:

-A rearview camera: This feature allows you to see what is behind you when reversing, making it easier to avoid potential accidents.

-Lane keeping assist: This system uses sensors to detect when your vehicle is straying from its lane and will provide gentle corrective steering input to help keep you on course.

-Automatic high beams: These headlights automatically switch between high and low beam settings based on the lighting conditions, ensuring that you always have optimal visibility.


The Ioniq comes in three different versions: hybrid, plug-in hybrid, and electric. The base model starts at $23,200, while the fully loaded electric will set you back $32,500. There is a federal tax credit of up to $7,500 for electric vehicles, so if you’re looking to save some money on gas, the Ioniq might be the car for you.

Release Date

The Ioniq will be available in South Korea in late 2024 or early 2025. An exact date has not yet been announced.


The all-new Hyundai Ioniq 5 is an impressive electric SUV vehicle that offers a long list of features and benefits. With a starting price of just under $40,000, it’s one of the most affordable EVs on the market. It has a range of up to 250 miles on a single charge, making it perfect for long road trips. And its sleek design makes it stand out from the crowd. If you’re in the market for an electric vehicle, the Ioniq 5 should definitely be at the top of your list.

Clay Perry

Clay Perry

Clay Perry: A car enthusiast with a penchant for storytelling, Clay Perry has spent over a decade navigating the winding roads of the automotive world. From classic restorations to the latest electric innovations, he's been hands-on with it all. Through his blog, Clay shares not just reviews and insights, but also the personal tales and passions that fuel every gearhead. Join him for a drive down the memory lane of automobiles and a glimpse into what the future holds.