2027 Hyundai IONIQ 5 Launches As 2026 IONIQ 5 Wins Special EV Award In USA

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Over in its home market of South Korea, the 2027 Hyundai IONIQ 5 has just launched. The popular all-electric model is coming in with a price cut, trying to stay competitive with the ever-expanding BYD lineup. At the same time, the 2026 Hyundai IONIQ 5 has just got exclusive EV recognition over in the United States.

The 2027 IONIQ 5 comes in the following trims: Standard E-Value+, E-Lite, Modern, Premium, Inspiration, and N Line. The Modern trim comes with a 1.6 million won ($1,054) price cut as well as various incremental improvements year over year. The Premium trim is getting a 900,000 won ($593) price cut. Here are all of the starting prices by trim:

• Standard E-Value+ 2WD — 47.35 million won ($31,228)
• Long Range E-Lite — 50.64 million won ($33,398)
• Modern — 52.90 million won ($34,888)
• Premium — 58.25 million won ($38,417)
• Inspiration — 61.50 million won ($40,560)
• Hyundai N Line — 59.45 million won ($39,194)

“The 2027 Hyundai IONIQ 5 is a model that has secured price competitiveness through its new trim lineup,” a Hyundai official stated. “We will deliver greater satisfaction to customers through the 2027 Hyundai IONIQ 5, which combines strong product appeal with affordability.”

Sales begin today — well, June 9 — in South Korea.

Naturally, we’ll have to wait to see how much the new Hyundai IONIQ 5 costs in the US and other markets. Presumably, though, the model will see lower prices there as well.

Hyundai IONIQ 5 Wins Special KBB Award

Kelley Blue Book has released its 2026 Best Family Cars list. While many of us here at CleanTechnica wouldn’t agree with its list, which is dominated by gas-powered vehicles, there was one electric model that made the list that I think we can all get behind.

Yes, of course, that was the Hyundai IONIQ 5. With the 2026 model year’s price getting cut by nearly $10,000 on some trims, and the base model starting at just $35,000, the high-tech, spacious, family-friendly IONIQ 5 was just too good to pass up. The Tesla Model Y didn’t get chosen. The Chevy Equinox EV didn’t. And the Tesla Cybertruck certainly didn’t. The Hyundai IONIQ 5 stood alone as the only EV chosen by KBB.

Not only that, but the IONIQ 5 was also one of only three 2-row vehicles on this list. Here’s the full list:

Best 2-Row SUVs for Families
2026 Honda CR-V
2026 Hyundai Ioniq 5
2026 Toyota RAV4

Best 3-Row SUVs for Families
2026 Chevrolet Tahoe
2026 Ford Expedition
2026 Honda Odyssey
2026 Honda Pilot
2026 Hyundai Palisade
2026 Hyundai Santa Fe
2026 Kia Sorento
2026 Toyota Grand Highlander
2026 Toyota Sienna

Now, do I agree with the list overall? No, of course not. However, if a team creating this list thinks the IONIQ 5 belongs, that just shows how much of a case the IONIQ 5 is making for buyers.

I’ve been covering the IONIQ 5 a lot this year. Here are a few key stories in case you missed them:

By the way, regarding the Toyota RAV4 being on KBB’s list, also see this piece: $1,052 to Fuel Toyota RAV4 Hybrid vs. $205 to Energize Kia EV6.