Hyundai’s electric SUVs are winning over buyers, and it’s easy to see why

Hyundai's electric SUVs are selling well, which matters if you're weighing an EV purchase alongside home energy upgrades like a heat pump or EV charger install. The IONIQ 5 starts at $35,000 for the base model with 245 miles of range, or $37,500 for a version with 318 miles of range. Hyundai cut prices on some trims by up to $9,800 after the federal EV tax credit expired at the end of September, aiming to keep the car affordable without that credit. Both the IONIQ 5 and the larger three-row IONIQ 9 are built at Hyundai's US plant near Savannah, Georgia, which helps the company avoid import tariffs and keep prices down.

The IONIQ 9, a three-row SUV, starts at $60,555 with 335 miles of range and more interior space than some competing three-row SUVs. Right now Hyundai is offering lease deals as low as $269 a month for the IONIQ 5 and $369 a month for the IONIQ 9, plus 0% financing, up to $3,000 off, and 90 days with no payments through a summer promotion.

If you're thinking about pairing an EV with a home charger, these lower purchase and lease prices could make an electric SUV more affordable to add to your household. Fast charging on the IONIQ 5 can add about 178 miles of range in 15 minutes on a public DC fast charger, though most home charging happens more slowly overnight. Worth checking whether any state or utility incentives apply to your own home charging setup.