Hyundai Ioniq Priced Cheaper than Toyota Prius

Hyundai is joining the ranks of automakers with an electric auto on offer thanks to its 2017 Ioniq Electric.

The so-called "first vehicle in the world" to offer a range of unique electrified powertrains on a single platform, the Ioniq will vary in price from as little as $22,200, to as much as $32,500 depending on how you spec it.

The U.S. organization said Ioniq's top place finish was "quite a feat", noting the top spot had been claimed only by compact or subcompact vehicles over the past 10 years.

The starting (base) version of the INOIQ has been priced at $29,500 in the USA (spreading across 835 destinations), excluding the $7,500 federal tax credit which the customers avail for purchasing an environmental-friendly vehicle.

In comparison, the Chevrolet Bolt EV, which is also new for 2017, is priced from $37,495 but has a 238-mi range. The Hyundai Ioniq Hybrid and Ioniq Blue earned a Green Score of 59 and 62, respectively.

All these models will be equipped with a 1.6-liter four-cylinder mill mated to an electric motor and a six-speed EcoShift dual clutch transmission along with front-wheel drive setup. Powering the electric motor and storing recovered energy is a lithium-ion battery rated at 1.56 kwh in the hybrid and 8.9 kwh in the plug-in hybrid. After all, the company has been posting double-digit unit sales growth, to offer high-end pricey electric vehicles.

The Ioniq, launched early past year, is also available in a plug-in hybrid version.

That makes the Ioniq Hybrid $2,535 less than the cheapest Toyota Prius Two, which starts from $25,570 including destination.

All Ioniq models will be available to order across the 50 states, although Hyundai will not actively market each model nationwide.

  • Arturo Norris