Hyundai has reshaped its popular Ioniq 5 electric SUV for 2026, streamlining the range while increasing base prices by a significant $6,400. This follows a prior $2,300 increase for the 2025 model year, making the Ioniq 5 less accessible at the entry level.
Battery and Trim Changes
The biggest change is the elimination of the entry-level 63kWh battery option. All 2026 Ioniq 5 models now come standard with the larger 84kWh battery pack, resulting in a more uniform but also pricier lineup. The range now consists of four variants: a basic rear-wheel drive model, the Elite RWD (previously the Dynamiq), the all-wheel drive N Line Premium (formerly the Epiq), and the high-performance N.
The previous Dynamiq and Epiq trims offered both rear and all-wheel drive configurations with an optional N Line package; now, those choices have been consolidated.
New Tech and Deleted Features
Hyundai has introduced Digital Key 2.0, allowing smartphone or smartwatch-based vehicle access. Devices with ultra-wideband (UWB) capability unlock and start the car seamlessly without physical contact, while older devices require tapping against the door handle. This digital key can be shared with up to 15 devices and operates without a mobile network connection.
However, the Ioniq 5 also loses some features: digital side mirrors are no longer available, and a light interior color scheme has been removed due to “customer demand.”
Performance and Safety
The Ioniq 5 N remains the top-tier model, now exclusively equipped with a panoramic glass roof. Updates to the N include enhanced LED headlights, haptic steering wheel feedback, and auto up/down window controls. The N Drift Optimiser Pro system has been refined for greater customization, while the N Active Sound system has improved logic.
The Ioniq 5 carries a five-star safety rating from ANCAP (based on 2021 tests), though the N variant remains unrated. Standard safety features include adaptive cruise control, autonomous emergency braking, lane-keeping assist, and more.
Warranty and Servicing
Hyundai provides a seven-year, unlimited-kilometer vehicle warranty and an eight-year/160,000km high-voltage battery warranty. However, the vehicle warranty is reduced to five years if servicing is performed outside the Hyundai dealer network. Pre-paid service plans are available for 24 months/30,000km and 48 months/60,000km at set prices.
Conclusion
The 2026 Hyundai Ioniq 5 represents a strategic shift toward simplifying the range and increasing profitability. While the new features are welcome, the price increases and removal of certain options may deter some buyers. The move reflects a broader trend in the EV market: automakers are adjusting pricing and features as production costs stabilize and competition intensifies.
