2025 Hyundai Ioniq 5 Now Qualifies Federal EV Tax Credits

The 2025 Hyundai Ioniq 5 is the first Hyundai vehicles to be built at the company’s shiny new Georgia Metaplant.


Ordinarily, that’d be a boring load of PR nonsense hardly worth covering. However, because Georgia is a state within the United States of America, the Ioniq 5’s new home means it now qualifies for the $3,750 federal EV tax credit on purchase, in addition to the full $7,500 credit applied to lessees.


For 2025 there are a slew of model year changes like new tech, NACS charging compatibility, a bigger battery, and updated styling leading to a $780 price increase. As a result, the Ioniq 5 starts at $43,975 including destination, prior to the application of any tax credits.

Hyundai has also announced EPA range estimates. The base model Ioniq 5 SE Rear-Wheel Drive Standard Range (mouthful, isn’t it?) gets a larger 63kWh battery, and as a result, will travel an EPA-estimated 245 miles on a charge.


The SE can be optioned with a larger 84kWh battery, which is good for 318 miles on a charge. That’s about 15 more than last year's Ioniq 5, a fact bolstered by the added boon from the new tax credits. The SE Dual Motor will cover 290 miles on a charge, and so will the SEL Dual Motor. At the top of the Ioniq 5 pyramid, the Limited Dual Motor will cover 269 miles on a single charge. You can find complete pricing and range for all trims below.

2025 Ioniq 5

EPA-estimated range (miles)

MSRP ($1,495 dest. incl)

SE RWD Standard Range

245

$43,995

SE RWD

318

$48,045

SEL RWD

318

$50,995

Limited RWD

318

$55,695

SE Dual Motor AWD

290

$51,545

SEL Dual Motor AWD

290

$54,495

XRT Dual Motor AWD

259

$56,895

Limited Dual Motor AWD

269

$59,595

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Chase Bierenkoven
Chase Bierenkoven

Chase is an automotive journalist with years of experience in the industry. He writes for outlets like Edmunds and AutoGuide, among many others. When not writing, Chase is in front of the camera over at The Overrun, his YouTube channel run alongside his friend and co-host Jobe Teehan. If he's not writing reviews of the latest in cars or producing industry coverage, Chase is at home in the driver's seat of his own (usually German) sports cars.

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