On Monday, September 22, Hyundai Motor Company officially launched a new trim level for its high-performance electric vehicle, the IONIQ 5 N, called the ‘Essential’. This new version is designed to lower the entry barrier for drivers looking to experience Hyundai’s cutting-edge EV performance at a more affordable price point.
Performance Meets Practicality: What Sets the IONIQ 5 N Essential Apart?
Despite its lower price, the IONIQ 5 N Essential maintains the core high-performance elements of the standard IONIQ 5 N:
- High-output electric motors
- Advanced battery system
- N-specific performance features
The major difference lies in its streamlined feature set, focusing on essential convenience and safety technologies while cutting down on non-core luxuries. This allows Hyundai to reduce the price by approximately KRW 2 million (~$1,500 USD) compared to other trims, based on eco-friendly vehicle tax incentives.
Packed with Advanced Driver Assistance and Safety Features
The Essential trim comes equipped with a robust suite of ADAS (Advanced Driver Assistance Systems), including:
- Forward Collision-Avoidance Assist (for vehicles, pedestrians, cyclists, intersections)
- Blind-Spot Collision-Avoidance Assist (rear and side)
- Rear Cross-Traffic Collision-Avoidance Assist
- Intelligent Speed Limit Assist
- Smart Cruise Control with Stop & Go
- Lane Keeping Assist
- Highway Driving Assist
- Navigation-based Smart Cruise Control (for safety zones and curves)
New Parking Assist Lite Package Adds Daily Convenience
Hyundai has introduced a new “Parking Assist Lite” package, available exclusively for the Essential trim. This package includes:
- Surround View Monitor
- Blind-Spot View Monitor
- Rear Parking Collision-Avoidance Assist
- Parking Distance Warning (Side)
These features are designed based on customer usage trends, providing high-utility functions without overloading the trim with premium features.
More Comfort for All Trims
Hyundai has also upgraded its Comfort Plus Package, now including second-row remote folding seats, enhancing usability for all available trims — not just the Essential.
Pricing and Availability
The IONIQ 5 N Essential is priced at KRW 74.9 million (approx. $55,000 USD), based on eco-friendly tax benefits. Depending on government or local EV subsidies, the actual purchase price may be even lower.
Hyundai’s Commitment to Accessible EV Performance
A Hyundai spokesperson commented:
“The IONIQ 5 N Essential trim was developed to offer a more value-driven option for drivers who want to experience high-performance electric vehicles. Hyundai will continue to innovate and provide customers with competitively priced, high-quality EV options.”