Powered by
Subscribe to the only car newsletter you’ll ever need

Hyundai Ioniq 6 2024: huge $8500 price drop for Model 3 rival EV sedan


Entry pricing for Hyundai’s electric sedan has now dropped to $65,500 before on-road costs with the Techniq name disappearing from the lineup

Hyundai Australia has confirmed the 2024 pricing and specification for its Ioniq 6 electric fastback sedan, with pricing now starting from $65,500 before on-road costs. 

The price of entry has therefore dropped by $8500, putting the Ioniq 6 now much more in line with key electric rivals such as the Tesla Model 3 and the Polestar 2

But there is a catch: the cheaper entry model, simply called Ioniq 6, uses a smaller battery as standard, along with a less powerful RWD motor than the old base model…which now becomes the mid-spec car.

Hyundai has updated the Ioniq 6 for 2024, including dropping prices

Hyundai has done some mixing around for its 2024 Ioniq 6 lineup, with the eponymous Ioniq 6 now the base version, followed by the Dynamiq as the mid grade and Epiq as the flagship

While the base model is RWD-only, 2024 will mark the first time Hyundai will allow Aussie Ioniq 6 buyers the choice of RWD or AWD for the higher Dynamiq and Epiq grades.

The base Ioniq 6 grade can be specced with either a 53kWh battery or the long-range 77.4kWh battery that is standard on the higher grades.

The Ioniq 6 is now a better price competitor to the likes of the Tesla Model 3

These changes have been made possible in part due to better supply. So far in 2023, Hyundai has delivered 468 examples of the Ioniq 6 to Australian buyers. By comparison, Tesla has delivered 15,718 Model 3s in the same period.

Hyundai’s local arm expects good levels of supply for both Ioniq 5 and Ioniq 6 models right into 2024. The updated Ioniq 6 is available to purchase now through the Hyundai website. 

Ioniq 6 cheaper thanks to available smaller battery

New to the Ioniq 6 lineup is a new base grade, simply called ‘Ioniq 6’, which uses a smaller 53kWh battery pack and rear-wheel drive to deliver 111kW of power and 350Nm of torque

Inside the Ioniq 6 Epiq flagship grade

This new base grade has a claimed WLTP range of 429km and is now on sale for the lowest price yet for an Ioniq 6 – $65,500 before on-road costs – positioning the model not too far off the Tesla Model 3 rear-drive that currently costs $61,900 before on-road costs. 

If range anxiety may be on your mind, the base Ioniq 6 can also be specced with a larger 77.4kWh extended range battery that will allow owners to travel up to 614km (WLTP). It’s priced from $71,500 before on-road costs. 

Other changes for Ioniq 6 for 2024 

Hyundai has reduced the price of the Ioniq 6 to better compete with cars like the Model 3

All Ioniq 6s for 2024 now include a battery condition system as standard that can activate in cold climates for improved DC charging. This software can also automatically preheat the battery when a charging destination is set through the onboard satellite navigation. 

Cabin heating for the Ioniq 6 will be thanks to a new heat pump that uses wasted heat from other energy sources in the vehicle to warm the cabin. 

The remainder of the Ioniq 6 range, including current powertrains for all-wheel drive, remain the same for 2024. 

The 2024 Hyundai Ioniq 6 range is now on sale in Australia

Key specifications of the 2024 Ioniq 6 

Standard equipment for the Ioniq 6 base grade includes the following:

  • 12.3-inch instrument cluster
  • 12.3-inch infotainment touchscreen
  • 18-inch alloy wheels
  • Wired Apple CarPlay and Android Auto 
  • Six-speaker sound system
  • Wireless phone charging 
  • Dual zone climate control
  • LED headlights, tail lights and daytime running lights 
  • 10-way power driver’s seat
  • Ambient lighting 
  • Smart key 
  • Four USB ports
  •  V2L function for inside use 
Hyundai Kona Premium N Line 2023 front badge
Hyundai as a brand offers both combustion and electric options for buyers

The Dynamiq adds:

  • 20-inch alloy wheels
  • Pirelli P Zero tyres
  • Heated front seats 
  • Head-up display 
  • Eight-speaker sound system
  • Leather appointed seats 
  • 10-way power passenger seats
  • Alloy pedals 
The charging port from the Hyundai Ioniq 6

The Epiq grade adds:

  • Glass sunroof 
  • Premium relaxation seats
  • Memory for driver’s seat
  • Ventilated front seats
  • Heated rear seats 
  • Heated steering wheel 

Hyundai Ioniq 6 2024: prices in Australia

All prices listed are before on-road costs.

  • Ioniq 6 RWD: $65,500 (NEW)
  • Ioniq 6 RWD: $71,500 (NEW)
  • Dynamiq RWD: $77,500 (-$3500)
  • Dynamiq AWD: $82,000 (NEW)
  • Epiq RWD: $81,000 (NEW)
  • Epiq AWD: $85,500 (-$1788)