Hyundai Ioniq 5 for Australia sold out within hours

The Hyundai Australia official website went down after numerous visitors rushed in to pre-order their Ioniq 5 e-SUV. Shortly after it went back online, the first production batch of 240 units was sold out.

The company promises to re-open pre-ordering for a second batch of 160 EVs, but the number is dwarfed by over 13,000 current backorders. The Ioniq 5 is not available through dealerships and comes equipped with a single electric motor good for 217 PS (214 hp / 160 kW) and 350 Nm (258 lb-ft) of torque. The top spec adds another motor for 306 PS (302 hp / 225 kW) and 605 Nm (446 lb-ft) total.

Both versions run off the same battery array rated at 72.6 kilowatt-hours, granting them around 430–450 km (267–280 miles) of range. The former starts from 71,900 AUD and the latter from 75,900 AUD before options.

Later on, Hyundai plans to launch more affordable trims with less power and range.