2025 Hyundai Ioniq 5
Vehicle Type: Midsize Electric SUV
Assembly: United States
Subject to Full 25% Tariff (Not Compliant With CUSMA Rule)
Vehicle Details
| Vehicle Type | Midsize Electric SUV |
| Assembly | United States |
| US / Canada Content | 29% |
| Major Sources Of Foreign Parts Content | 29% Korea |
| 2nd Major Sources Of Foreign Parts Content | 33% Hungary |
| Country Of Origin For Engine/ Motor | United States |
| Country Of Origin For Transmission(s) | United States |
Important Note:
While some vehicles may be subject to a full or partial 25% tariff, automakers do not always pass the entire cost on to consumers. In some cases, manufacturers may choose to absorb a portion of the tariff to remain price competitive.
Canada’s Tariff and Duty Guidelines for Imported Vehicles:
- A 25% tariff applies to fully assembled vehicles imported from the U.S. if they are not compliant with CUSMA.
- A 25% tariff applies to the non-Canadian and non-Mexican content in CUSMA-compliant fully assembled vehicles imported from the U.S.
- A 6.1% duty applies to vehicles not manufactured in Canada, the U.S., or Mexico.
- A 6.1% duty applies to vehicles manufactured in Mexico that are not CUSMA-compliant.