In Pictures: Hyundai IONIQ 5 Tops 31,000 US Sales in 2026 Despite Federal Tax Credit Expiry

The Hyundai IONIQ 5 remains a cornerstone of the brand's US electric lineup despite the end of federal incentives.

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Hyundai cut 2026 IONIQ 5 prices by up to $9,800 to soften the blow of the expired $7,500 federal EV tax credit.

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Through September 2026, Hyundai moved 31,112 IONIQ 5s in the US, outpacing the Chevy Equinox EV and Toyota bZ.

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The IONIQ 5's sales fell 24% year over year, but the model still leads several key rivals in the competitive EV segment.

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Hyundai's aggressive pricing strategy has helped the IONIQ 5 stay competitive in a market reshaped by the tax credit's expiry.

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The IONIQ 5 continues to anchor Hyundai's US EV strategy as the automaker navigates a post-tax-credit landscape.

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Hyundai's 2026 IONIQ 5 lineup arrives as the automaker pushes to sustain momentum without federal EV subsidies.

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Despite the loss of the $7,500 credit, the IONIQ 5's 31,112 sales through September keep it ahead of key competitors.

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Hyundai's price cuts of up to $9,800 on the 2026 IONIQ 5 aim to keep the model within reach for US buyers.

Photo by Hyundai Motor Group on Pexels