It’s just over a year since Hyundai introduced its ground-breaking Ioniq 5 electric vehicle (EV) to the Australian market and the Korean car maker isn’t letting the grass grow under its feet, introducing an updated MY23 range that boasts more power, range and performance.

At the heart of the new model changes is a bigger 77.4 kWh lithium-ion battery (up 6.6% from 72.6 kWH) across the range, which features an increased cell count that delivers a higher voltage of 697V (up from 653V).

The 2023 update also introduces a new flagship Epiq grade, expanding the range from two to three variants with all models receiving the bigger battery to enable the entry-level rear-wheel drive Dynamiq to claim a range of 507km (up from 481km) on the WLTP cycle.

Meanwhile, the range of the all-wheel drive Techniq and Epiq variants is also boosted by 24km to 454km. 

Priced from $72,000 (MLP) the Dynamiq is now powered by a slightly more powerful single electric motor driving its rear wheels with outputs of 168kW (up from 160kW) and an unchanged 350Nm of torque.

There are improvements too for the dual motor all-wheel drive Techniq and Epiq variants with electric motor performance up by 10kW at the rear and 4kW at the front for respective outputs of 165kW/350Nm and 74kW/255Nm and a combined system output of 239kW/605Nm (up from 225kW). 

The extra power shaves 0.1 seconds off the Hyundai EV’s already impressive 0-100km/h time, which now rests at 5.1 seconds.

Unsurprisingly, there are price rises for the two existing models with the Dynamiq rising by $2,100 to $72,000 (MRLP) and the Techniq up by $2,000 to $79,500 (MRLP).

Meanwhile, the flagship Epiq adds $5,500 over the Techniq to top the range at $85,000 (MRLP), but gets a host of additional features including digital side mirrors, a high-efficiency heat pump system for cabin heating, a battery-conditioning system for optimal cold-climate charging and driving and a fixed-glass vision roof.

All 2023 Ioniq 5 models feature a new ride and handling package tailored to the revised powertrain and larger battery and service intervals are also extended to two-year/30,000km.

The Ioniq 5 is not sold through Hyundai dealerships but via online order only, with the cars sold in batches as they become available from the factory.

Hyundai said it had sold 730 Ioniq 5 since the cars launch.

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