Hyundai Elexio News

Shock price hike as cheaper electric SUV looms for Hyundai to rival the 2026 Tesla Model Y, Kia EV5 and XPeng G6
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By Byron Mathioudakis · 24 Sep 2025
If you’re in a market for a new Hyundai Ioniq 5, then act quickly, because the highly-acclaimed and ground-breaking electric vehicle (EV) is about to become $6400 more expensive to access, thanks to the deletion of the base Standard Range battery grade.Why? It is understood that Hyundai Motor Company Australia (HMCA) is making room for the coming Elexio/EO expected here sometime next year.This is the fresh mid-sized SUV EV fraternal twin to the popular Kia EV5, co-developed and built in China through the brand’s Beijing Hyundai joint-venture program with BAIC Motor.The number of Ioniq 5 grades for 2026 has been slashed, from 11 to just four, including the N flagship that now costs around $4600 more than before. The Dynamiq and Epiq variant names are also disappearing – perhaps due the Volkswagen Group’s coming Skoda Epiq EV SUV.“We have nothing to say about future product and nothing has been confirmed at this stage,” HMCA General Manager of Corporate Affairs, Bill Thomas, told CarsGuide.According to a dealer source, the slow-selling, entry-level 125kW single-motor rear-wheel drive (RWD) 63kWh Standard Range (SR) battery grade, starting from $69,800 (all prices are before on-road costs) is about to be dropped for the 2026 model year.This comes barely 15 months after the Ioniq 5 RWD 63kWh SR was announced, as part of a wholesale mid-cycle facelift in July, 2024.Stepping in its place will be the continuing, more-powerful 168kW RWD 84kWh Extended Range (ER) version, that is now $400 more expensive than before from $76,200, followed by the fresh Elite 168kW RWD 84kWh ER from $81,200, which usurps the previous Dynamiq 168kWh RWD 84kWh ER from $80,800.The upside of the ER is usefully more WLTP range compared to the SR (up from 440km to 570km in its most efficient specification wearing 19-inch wheels), as well as stronger performance, though – as before – torque remains the same in both motors, at 350Nm.Buyers will need to fork out an additional $6400 for a 2026 Ioniq 5 with the rousing 239kW/605Nm twin-motor and all-wheel drive (AWD) ER powertrain.This is because the current mid-spec Dynamiq 84kWh ER AWD from $85,300, its sportier Dynamiq N-Line 84kWh ER AWD from $87,800, up-spec Epiq 84kWh ER AWD from $88,800 and sport/luxury Epic N-Line 84kWh ER AWD from $91,300 will also soon be gone for 2026.All but the latter will be wiped out, to simplify a complex model-walk structure, and replaced by the newly-minted N-Line Premium 84kWh ER AWD grade from $91,700.While all the AWD versions also use the 84kWh ER battery, the added weight of the second motor plus other items means that its WLTP range drops compared to the RWD equivalents, from 570km to about 500km.Additionally, for 2026, all versions adopt the so-called Digital Key 2.0, enabling owners and users to operate their vehicle with a compatible smartphone, rather than having the experience the inconvenience of carrying a regular key fob.Meanwhile, the previously-optional Vision Roof – a fixed panoramic glass roof with an electric sunshade – is now standard equipment in the Ioniq 5 N, accounting for its circa-$4600 price hike. Whether that affects its 3.4-second (on boost) sprint-time to 100km/h from standstill is not yet known.Finally, the highly-controversial digital side mirror that forced drivers to rely on even more screens instead of an intuitive exterior-mirror glance has been discontinued.We understand that Australian production for the 2026 Ioniq 5 range kicks off next month, with cars reaching dealers possibly before Christmas.Stay tuned to find out more.

Big brand's plan to battle China: 2026 Hyundai Elexio electric SUV approved for sale in Australia to battle XPeng G6, Geely EX5 and Tesla Model Y
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By Dom Tripolone · 18 Sep 2025
Hyundai is priming a rival to the Tesla Model Y.