chriskal wrote:
torrey wrote:
Hyundai announced the Ioniq 5 which will directly compete with the iD4, Mach-E and Model Y. While it won’t get the ridiculous acceleration of the Y it claims a 5% to 80% charge time of 18 minutes. I suspect better build quality than Tesla as well.
An est. 45k for a 2WD Hyundai that takes more than 7 sec to get to 60? That’s a hard no on several levels. Those performance numbers are completely inadequate for just about any car that costs that much money and they are asking a premium price for a non-premium brand.
I would guess they price a little lower than what the competition (iD4, Mach-E and Y) has for comparable models taking into account the available tax credit. A base Mach-E is $43k ($35.5k after credits), so I would guess the base Ioniq will land just over $40k or in the low 30's after credits. Maybe more if they think their base model offers much more than the Mach-E. The Bolt EUV is $34k, but they don't have any remaining credits and I think that is more of a Kona equivalent? Hyundai will probably need to drop the price of the Kona to follow suit as the current pricing was based on a real lack of competition.