Hyundai has confirmed that the smaller battery capacity (58.2 kWh) version of the Ioniq 5 will be launched in the U.S. alongside the 77.4 kWh battery version, however a bit later - in Spring 2022.

This entry-level version has 220 miles of EPA range, a 125 kW electric motor for rear-wheel-drive, and, most importantly, an MSRP of $39,700 (+$1,225 DST), which after deducting the $7,500 federal tax credit will turn into effectively $33,425.

Once we checked the list of available EVs, it turns out that it's one of the least expensive electric crossovers/SUVs.

Hyundai Ioniq 5 SR Vs Hyundai Ioniq 5 LR

The first thing that requires an answer is the difference compared to the same SE trim, but with a bigger battery (77.4 kWh) and higher power output (168 kW).