The Hyundai IONIQ 5 is still in the EV sales mix, with 31,000+ sold in 2026 — SkimNews
Get the Energy newsletter
Daily energy & climate — solar, EVs, oil, the policy fights and tech bets shaping the transition. Free.
- Hyundai sold 31,112 IONIQ 5s through September 2026, down 24% from the same period in 2025 when the $7,500 federal EV tax credit was still available.
- Q3 2026 IONIQ 5 sales totaled 2,928 units, a 65% drop from the more than 8,400 moved in Q3 2025.
- Hyundai cut 2026 IONIQ 5 prices by up to $9,800 on some trims after the federal tax credit expired last September.
- Chevy Equinox EV sales collapsed 92% year-over-year in Q3 2026, with just 1,902 units sold and 18,154 through September — nearly 13,000 fewer than the IONIQ 5.
- Toyota bZ sales reached nearly 25,000 through September 2026, still trailing the IONIQ 5, with both EVs starting around $35,000, offering 300+ miles of range, and equipped with a NACS port.
- The 2027 IONIQ 5 SE Standard Range starts at $35,250 with up to 245 miles of range, while upgrading to the SE RWD extended-range model costs an extra $2,500 and delivers up to 318 miles.
- A top commenter noted a glut of off-lease 2024 and 2025 IONIQ 5s hitting the used market at roughly 25% below new, arguing inflation plus lost incentives makes used the rational buy for price-sensitive shoppers.
Why it matters: Hyundai absorbed the post-credit EV market shock better than GM — the IONIQ 5 outsold the Chevy Equinox EV by nearly 13,000 units through September 2026 despite a 65% Q3 decline. That gap suggests Hyundai's $9,800 price cut and NACS-port-equipped lineup bought it relative positioning competitors didn't capture, though a growing off-lease inventory could undercut new-vehicle pricing further.
Ask SkimNews
