Hyundai announces pricing for Ioniq Hybrid and Ioniq EV

2017 IONIQ HEV

Hyundai’s new Ioniq offers three ways to go electric – it’s available in hybrid, plug-in hybrid and electric versions.

The Ioniq Hybrid and Ioniq Plug-in Hybrid both feature a 1.6-liter Atkinson-cycle four-cylinder gas engine that delivers 104 hp and 109 ft-lb of torque, along with a six-speed double-clutch transmission. The Hybrid sports a 32 kW (43 hp) electric motor and a 1.56 kWh battery. The Hybrid Blue version has an EPA-estimated 58 mpg combined rating, which Hyundai says is the highest rating of any non-plug-in vehicle in the US market.

The Ioniq Plug-in Hybrid rocks with a 45 kW (60 hp) motor and an 8.9 kWh battery. Electric range is estimated at 27 miles.

The Ioniq Electric is the thoroughbred in the stable. Its motor delivers 88 kW (118 hp)  of power and 218 ft-lb of torque, and is mated to a single-speed reduction-gear transmission. A 28 kWh battery supports an estimated range of 124 miles. Hyundai says its EPA-estimated 136 MPGe is the highest efficiency rating of any EV on the US market. DC fast charging is standard.

The Ioniq lineup takes lightweighting to a new level. Aluminum parts in the hood and tailgate reduce weight by 27 lbs compared with conventional steel. Unlike other hybrids, the Ioniq Hybrid does without a lead-acid auxiliary 12 V battery, which saves about 26 pounds. Extensive use of aluminum in the suspension saves around 22 lbs compared with conventional materials.

2017 IONIQ HEV

“Ioniq will attract an entirely new group of eco- and efficiency-oriented buyers in the US market,” said Mike O’Brien, VP of Corporate and Product Planning, Hyundai Motor America. “With outstanding powertrain flexibility, design, connectivity, and advanced technologies, Ioniq meets the needs of a large and growing group of buyers needing a highly efficient, enjoyable to drive, low-emissions vehicle without compromise to their daily lifestyles.”

The Hybrid and Electric versions are beginning to arrive at US dealerships now, and the Plug-in Hybrid version is expected in late summer. All models will be available to order in all 50 states, although Hyundai says it will not “actively market” each model nationwide. In addition to sales and leasing, Hyundai plans to offer the Electric version (in California only) through a subscription-based service called Ioniq Unlimited.

The Ioniq Unlimited program includes unlimited mileage, charging costs, scheduled maintenance, and replacement costs for “wear items” in a single monthly payment, and is available for either a 24- or 36-month term.

The Ioniq Hybrid starts at $23,035, and comes in three trim levels. The Ioniq Electric starts at $30,335. A Limited trim level starts at $33,335.

 

Source: Hyundai, Green Car Reports

  • John McVicker

    Consumers look at the $7000 price delta to get the plug-in and many who are lessees don’t find it an economic choice especially if the hybrid offers similar highway mpg. The ones who could benefit the most are shorter-commuters who can take the roughly $4000 ITC on the smaller battery. I have to wonder how much rebate this will get in Ontario and other high-incentive countries.

    • Ramon A. Cardona

      Any short term lease can favor lower price cars. Yet some with math abilities will find that not buying gas at $3,000 a year for 3 years is $9K. Even paying for electrons still comes less than gas, oil changes, filters. For many the lack of emissions is a plus. Others choose a hybrid or plug-in hybrid due to needs. Since the electric is a CA car, at least for now, and CA offers advantages to owners, this EV will sell well. With federal and state rebates the list price barrier melts away. Cheers.

      • John McVicker

        Some areas in CA do not have the special deep discounted TOU rates. I would still say it is hard to believe $3000/year is saved in this case for most customers.

  • Durkle

    Can you confirm that the Ioniq Hybrid has no 12V battery? The owner’s manual says it’s located in the trunk…

    • Bob

      Each one has starting battery in the trunk!

    • http://ChargedEVs.com/ Christian Ruoff

      The Ioniq Hybrid no Lead Acid 12 V Battery. It does have a 12 V Li-ion pack that is directly adjacent to the higher voltage li-ion pack.

      However, the Ioniq PHEV and Ioniq EV do have a Lead Acid 12 V battery.