Hyundai
Ioniq Electric
2022
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2022 Hyundai Ioniq Electric: Model Preview & Release Date

Alex Bernstein
Senior Pricing Analyst - December 27, 2021

Model Preview

The Hyundai Ioniq Electric has been discontinued for 2022. Although the South Korean automaker will continue to sell hybrid and plug-in hybrid versions of the Ioniq hatchback for the 2022 model year, the all-electric variant will be replaced by a new upcoming model called the IONIQ 5.

The current Ioniq EV has a range of up to 170 miles on battery power and a starting price of just over $34,000 with destination before factoring in any incentives. While EV range has never been the electric car's strong suit, the car has been eligible for some very cheap Ioniq EV lease deals.

For 2022, the IONIQ 5 is a new EV featuring the latest technology and a range of over 300 miles. The vehicle has an SUV-like profile and a starting price of $40,925. Even though it qualifies for a full federal EV tax credit, Hyundai is keeping the incentive when customers choose to lease.

Electric car shoppers partial to a smaller hatchback layout will still be able to buy an Ioniq Hybrid or Ioniq Plug-In Hybrid (PHEV). The Hybrid is rated at up to 59 mpg in combined city and highway driving, while the PHEV gets 119 MPGe but is limited to an electric range of only 29 miles.

Apart from range, one of the Ioniq EV's biggest weaknesses has been the fact that Hyundai only sells it in a handful of CARB emissions states. Sadly, IONIQ 5 sales will also be limited to select states, at least for now. In contrast, EVs like the Nissan LEAF remain available nationally.

Pictured: 2021 Hyundai Ioniq Electric

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