EV Buyers: $4,000 Incentive Offered; Ioniq 5 Big On Style & Tech

Hyundai Ioniq 5 buyers will be able to qualify for a $4,000 rebate through Illinois’ Climate and Equitable Jobs Act. But act quickly. The rebate is reduced to $2,000 in 2026 and only $1,000 in 2028.

Electric vehicle buyers will enjoy the effort placed on style and technology in the Ioniq 5. The Ioniq 5 has big digital displays with retro-themed styling. Electric vehicle shoppers will have plenty to love on the new Ioniq 5.

The Ioniq 5 is selling fast! The Ioniq 5 is very quickly becoming the EV consumer choice.

With one of the fastest charging times in its class, the Ioniq 5 will provide a full charge in only 8.2 hours. And EV drivers can quickly charge the battery from 10% to 80% in just 18 minutes. The Mustang Mach-E and Audi E-Tron take about 10 hours to charge fully.

Drivers will enjoy the comfortable ride and lack of excess noise, toning down the road and wind noises.

Safety-conscious drivers will be happy with the Highway Driving Assist technologies, including adaptive cruise control and lane assist.

Taking the technology lead, the Ioniq 5 comes with the Bluelink App, which controls some of the car’s functions. For example, Ioniq 5 owners can control the heat and air conditioning before driving, set charge times, and identify where charging stations are located. Of course, the Ioniq 5 comes with Apple CarPlay and Android Auto connectivity. The entire 12.3” infotainment system responds quickly and is easy to use.

Future-proofing your EV, the Ioniq 5 is compatible with the latest high-powered 350-kW fast-charging stations. Previously, only the high-end EVs had that capability.

Leading the pack, the Ioniq 5 boasts an 8.3/10 overall critic rating and 4.4/5 consumer rating compared to the Mustang Mach-E (8.2, 4.2) and Audi E-Tron (8.2, 2.0).
Topping EV range comparisons, the Ioniq 5 has an electric range of 303 miles, compared to the Ford at 270 miles and Audi at 222 miles.

As long as funds are available, Illinois residents that purchase an all-electric passenger vehicle in Illinois will be able to apply for a rebate. Illinois requires the purchaser must retain ownership of the vehicle for a minimum of 12 consecutive months immediately after the vehicle purchase date, with only one rebate will be issued to a purchaser in any 10-year period.