Hyundai’s electric SUV finds some footing, with IONIQ 5 sales topping 33,000 in 2026 — SkimNews
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- IONIQ 5 U.S. sales rose 21% year over year in October to 1,981 units as the EV market showed signs of recovery.
- IONIQ 5 sold 33,093 vehicles in the U.S. during the first 10 months of 2026, down 23% from more than 42,700 in the same period of 2025.
- Hyundai cut 2026 IONIQ 5 prices by up to nearly $10,000 on some trims, lowering the starting MSRP to around $35,000 after the $7,500 federal tax credit was removed in September.
- Tesla Model Y and Model 3 accounted for about 50% of U.S. EV sales through the third quarter, while IONIQ 5 ranked third.
- Hyundai said the IONIQ 5 helped drive growth in its best-ever U.S. October, when the company sold 73,452 vehicles, up 5% year over year.
- IONIQ 5 2027 SE Standard Range starts at $35,250 with up to 245 miles of range; the extended-range SE RWD costs $2,500 more and reaches up to 318 miles.
Why it matters: Hyundai cut IONIQ 5 prices by up to nearly $10,000 as October demand rebounded 21%. Yet its 33,093 year-to-date sales remain 23% below last year: the month’s gain did not erase the gap left after the $7,500 federal credit disappeared.
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