Hyundai has finally announced pricing for two of the three electrified powertrain options available to the Ioniq, electric and hybrid. Pricing for the plug-in hybrid version, also known as the Electric Plus, will be released at a later date.
The most affordable model at $24,299 each is the Ioniq hybrid in Blue trim. Powered by both a 1.6-litre four-cylinder engine and 32 kW electric motor, this version’s 139 horsepower is managed by a 6-speed dual-clutch transmission. This is also the first time a DCT is used in a hybrid vehicle. Aside from the base model, there are three additional trims to choose from: the SE ($26,499), Limited ($29,749), and Limited Tech ($31,749).
Sure, its fuel economy of 4.1L/100 km is a bit less than the 2017 Toyota Prius which uses an average of 4.5L/100 km, but the entry level trim is more affordable than its rival’s $27,190 price tag.
Sitting higher on the price range is the all-electric Hyundai Ioniq which starts at $35,649 in SE trim. There’s also a Cold Climate Package available for the SE trim which increase the price to $36,849 and comes with a heat pump, battery temperature management system, and heated rear seats. Bumping the MSRP to $41,849 is the Electric Limited.
At that price, the Ioniq SE does cost more than the Nissan LEAF at $33,998, but still less than the Chevrolet Bolt EV’s price tag of $42,795. Not bad for an EV with an 88 kW motor which produces 118 horsepower and 218 pound-feet of torque. On a full charge, the Ioniq has a range of 200 km and a combined consumption rating of 1.7Le/100 km.
Auto123 has noted that the full-electric Ioniq will only be available in provinces with government rebates like Quebec, Ontario and British Columbia. Those who are interested in getting a full-electric Ioniq may need to figure out a workaround.