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Monday, November 18, 2024

Hyundai to launch up to date 2025 IONIQ 5 at its new EV plant quickly


Hyundai’s best-selling electrical car is getting a refresh. The up to date 2025 IONIQ 5 would be the first car to roll out of Hyundai’s new $7.6 billion EV plant in Georgia later this yr. Listed below are some adjustments you’ll be able to anticipate to see with the brand new Hyundai IONIQ 5.

The IONIQ 5 was launched in February 2021 as Hyundai’s first devoted EV constructed on its E-GMP platform.

4 years later, Hyundai’s all-electric SUV is already due for a refresh. With practically 34,000 fashions handed over within the US final yr, Hyundai’s IONIQ 5 was the sixth best-selling EV, topping the Rivian R1S and Ford F-150 Lightning.

Regardless of rivals reporting “slower-than-expected” EV demand, Hyundai’s IONIQ 5 has maintained its momentum in 2024.

Hyundai bought practically 15,000 IONIQ 5s within the US by the first 5 months of 2024, up 43% from final yr. Final month, the IONIQ 5 set a brand new Could gross sales file with 4,449 fashions bought, up 82% YOY.

Regardless of the recent begin, Hyundai plans to launch an upgraded IONIQ 5 later this yr. Hyundai mentioned the up to date 2025 IONIQ 5 would be the first car produced at its new Metplant in Georgia.

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2024 Hyundai IONIQ 5 (Supply: Hyundai)

Hyundai’s international chief working officer, Jose Munoz, known as it a “no-brainer” to have the IONIQ 5 lead manufacturing at its new EV and battery plant.

In an interview with Automotive Information final month, Munoz mentioned EVs just like the IONIQ 5 will qualify for the $7,500 federal tax credit score as soon as manufacturing begins in GA.

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The brand new Hyundai IONIQ 5 facelift (Supply: Hyundai)

Though Hyundai has been passing it on to prospects by leasing, “As of October, we’ll have the option to take action as effectively with retail prospects who pay money or finance,” Munoz defined.

Hyundai Motor Group Metaplant America (HMGMA) confirmed Tuesday that the 2025 IONIQ 5 would be the first manufacturing car constructed on the facility. The brand new plant will make all IONIQ 5 trims (excluding the IONIQ 5 N) and can finally be the one plant constructing IONIQ 5 fashions for the US.

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Hyundai IONIQ 5 refresh (Supply: Hyundai)

Hyundai is at the moment coaching workers to start manufacturing within the fourth quarter of 2024. Manufacturing is predicted to start out in October.

“We’re within the last section of development and are preparing for the 2025 Hyundai IONIQ 5 to roll off the road,” Oscar Kwon, president and CEO of HMGMA, mentioned.

“It’s the best car for us to start out manufacturing with,” Kwon added. Though Hyundai has but to formally unveil the 2025 IONIQ 5 for the US market, we now have an concept of what to anticipate.

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Hyundai IONIQ 5 refresh inside (Supply: Hyundai)

Hyundai revealed the up to date 2025 IONIQ 5 in Korea in March with a number of new upgrades and options. The brand new mannequin comes with a much bigger battery, new styling, and an added rear wiper.

The IONIQ 5 refresh options an 84 kWh battery, up from 77.4 kWh. With extra energy, the IONIQ 5s vary elevated from 458km (285 mi) to 485km (301 mi) in Korea. It additionally consists of barely sooner charging, enabling 10% to 80% in 18 minutes.

In the meantime, Hyundai launched a brand new incentive this month for IONIQ 5 consumers within the US. If you are going to buy a 2024 Hyundai IONIQ 5, you at the moment are eligible for a $7,500 money rebate.

If you happen to don’t need to look forward to the up to date mannequin, the 2024 Hyundai IONIQ 5 is at the moment supplied at a number of the lowest costs. You should use our hyperlink to search out offers on Hyundai IONIQ 5 fashions in your space.

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