Hyundai Motor said on the 22nd that it launched a new trim, "Essential," for the high-performance electric vehicle Ioniq 5 N. It keeps the Ioniq 5 N's high-output motor and battery as is, while optimizing features to lower the sticker price by about 2 million won.
The Essential comes with forward collision-avoidance assist, rear cross-traffic collision-avoidance assist, blind-spot collision-avoidance assist and warning, and intelligent speed limit assist. A new "Parking Assist Lite" package, which bundles safety and convenience features that help with easy parking, was also added.
The Parking Assist Lite package includes features frequently used by customers, such as ▲ surround view monitor ▲ blind-spot view monitor ▲ rear parking collision-avoidance assist ▲ side parking distance warning, and is available only on the Essential trim.
The Ioniq 5 N Essential is priced at 74.9 million won based on eco-friendly car tax benefits. Depending on government and local government subsidies, the actual purchase price is expected to be lower.
A Hyundai Motor official said, "The Essential trim is a new trim with improved value for money to lower the entry barrier to high-performance EVs," adding, "We will work to offer a vehicle with outstanding product competitiveness so customers can access high-performance EVs more easily."