Why the Hyundai Ioniq 6 costs 13,000 euros more in France than in the US

In France, the spectacular Hyundai Ioniq 6 starts from 52,200 euros. A fairly substantial budget, which generally contrasts with the budget announced in the US. The Korean sedan starts at $ 41,600, or about 39,200 euros. What can explain such a difference?

Hyundai Ioniq 6 // Source: Clément Choulot for Frandroid

The Ioniq 6 is the new 100% electric sedan from the Korean manufacturer Hyundai. The one that emerges from the spectacular Prophecy concept car is just as spectacular, with a design that breaks from what we’re used to seeing. And, as we found in our recent trial, the Hyundai Ioniq 6 is also an excellent electric car.

Yes, but excellence has a price, in this case of 52,200 euros including tax in France for the “basic” version. A price that borders on premium, except that Hyundai does not want to be a high-end manufacturer. In addition, we also noticed that the Ioniq 6 was significantly cheaper in the US. On the other side of the Atlantic, prices start from $41,600 (approx €39,200), a difference of about 25%.

And this gap is not filled in France by the ecological bonus, since since the beginning of 2023 the Ioniq 6 has been excluded from the bonus that only concerns electric models displayed below 47,000 euros. But how can we explain such a price difference between the same model?

Hyundai Ioniq 6 // Source: Clément Choulot for Frandroid

French customers prefer the more expensive versions

The difference is quite simple, since Hyundai offers its Ioniq 6 in France from the start with a fairly high-end level and a large battery. The manufacturer, like many others, explains this by the attraction of French customers for the top versions and with the best autonomy.

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Proof of this is that the Hyundai Ioniq 5 with the “small” 58 kWh battery is no longer available on the French configurator. It didn’t sell as well as the 77 kWh version. As a result, the base price for an Ioniq 5 also rises in France and is now at 51,300 euros, while with the small battery it was still under 40,000 euros for a few weeks (including bonus).

The Hyundai Ioniq 6 should not be available in France with a small battery. The Korean sedan is only offered with the 77 kWh battery, giving it a range between 545 and 614 km depending on the selected equipment.

The basic version “Intuitive” is also particularly well equipped, with the cdual-zone automatic climate control, the cdigital gauges, theactive lane assist, the fautonomous emergency cleaning with crossroads function, theparking aid front and rearreversing camera or GPS.

Hyundai Ioniq 6 // Source: Clément Choulot for Frandroid

More choices in the United States

In the United States, the base Hyundai Ioniq 6 has a motorization with a single electric motor at the rear that gives it 229 hp, as in France. A version with two electric motors, four-wheel drive, for an output of 325 hp is also available.

The base Ioniq 6 in the US has a “small” battery pack of 53 kWh, giving it a range of 240 miles on the EPA cycle, or about 386 km knowing that the EPA cycle is stricter than our WLTP cycle. This gives 429 km on the European WLTP cycle. With its ultra-fast charging, it could compete with the Tesla Model 3 Propulsion, with an autonomy of about 500 km, but slower charging.

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It should also be remembered that the sales prices shown in the United States, unlike in France, do not include VAT. Which would increase this entry-level version to around 7,000 euros by applying 20% ​​VAT to the sales price in dollars. If it were to be sold in France, it’s a safe bet that it would retail for around 45,000 Euros.

However, this version could eventually arrive in Europe and France, depending on the evolution of Hyundai’s commercial policy and consumer demand.

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We were allowed to test the Hyundai Ioniq 6 and the latter showed all its qualities on this occasion. Frandroid recommends this electric sedan with super fast charging and high autonomy, to keep up with…
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Ana has been with businesscraze for 3 years, writing copy for client websites, blog posts, EDMs and other mediums to engage readers and encourage action. By collaborating with clients, our SEO manager and the wider businesscraze team, Ana seeks to understand an audience before creating memorable, persuasive copy.