“Ioniq 5 introduces the Hyundai brand to a whole new set of buyers,” said Jose Muñoz, CEO of Hyundai Motor America. “Once behind the steering wheel, they are going to be shocked by the range, power, comfort, interior space and advanced technology.”
The Ioniq 5, which has ultra-fast charging capabilities not offered by mainstream rivals, will come with two years of free charging on the Electrify America network, Hyundai said. Buyers will get unlimited 30-minute sessions at about 800 stations expected to be in operation by the end of 2021.
Hyundai said it will offer more details on the free charging agreement closer to launch.
The Ioniq 5 will also come with some kind of subscription model, according to Hyundai, which did not detail the new offering.
Hyundai Motor America “is also looking at alternative ownership models to attract and engage first-time EV customers. People are interested in trying EVs, but want to do so in a convenient, low-risk way and are already comfortable using subscriptions to buy goods and services,” the company said.
“In the future, Hyundai dealers will offer a simple automobile subscription service for Ioniq shoppers,” the company said. “This subscription service will feature a single, all-inclusive monthly payment, covering the vehicle, insurance and maintenance.”
