Friday, November 25, 2022
News Ioniq 5 Pre-Sales Top 23,760 Units On First Day In Korea

Ioniq 5 Pre-Sales Top 23,760 Units On First Day In Korea

The Ioniq 5 has hit a nerve with the Korean domestic market and could very well become a global hit, and quickly


  • The total annual sales target for the first year is set at 26,500 units.

  • The large-compact electric crossover was revealed only a few days ago.


The Ioniq 5 may turn out to be a greater success story than even Hyundai expected. In Korea, pre-sales for the new EV has smashed records and in the process has caused something of a headache for the competition.

The IONIQ 5 Is The First Of Hyundai’s New Breed Of EVs

In Korea, the Ministry of Environment allocates subsidies for the purchase of 75,000 EVs nationally. With just shy of 24,000 hand-raisers already on board for the Ioniq 5, this leaves precious few spots for the competition to use as leverage to encourage potential buyers to get in a new EV.

As reported by Media Naver, Hyundai said (translated from Korean): “The reason why Ionic 5 was able to get an explosive response from customers in one day was because it responded to the demands and expectations of customers for the first exclusive electric vehicle for Hyundai Motor Company that will provide a whole new experience with innovative design and advanced technology.”

We have to agree that the new Ioniq 5 is certainly an appealing product. With a number of powertrain configurations available, a modern and sleek design to go along with a spacious and advanced interior, it should do well globally.

2022 Ioniq 5 | Photo: Hyundai

2022 Ioniq 5 | Photo: Hyundai

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Matt St-Pierre
Trained as an Automotive Technician, Matt has two decades of automotive journalism under his belt. He’s done TV, radio, print and this thing called the internet. He’s an avid collector of many 4-wheeled things, all of them under 1,500 kg, holds a recently expired racing license and is a father of two. Life is beautiful. Send Matt an emai

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