2025 Hyundai Ioniq 5
Vehicle Type: Midsize Electric SUV
Assembly: United States
Partial Tariff: 25% applies to at least 71% of vehicle value (Non-US/Canada Content)
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.
Important Note:
It is difficult to determine the exact breakdown of U.S. and Canadian content in a vehicle, but tariffs will still apply to the Canadian portion of the content.
United States Tariff and Duty Guidelines for Imported Vehicles:
- The 25% tariff will be applied to imported passenger vehicles (sedans, SUVs, crossovers, minivans, cargo vans) and light trucks, as well as key automobile parts (engines, transmissions, powertrain parts, and electrical components), with processes to expand tariffs on additional parts if necessary.
- Importers of automobiles under the United States-Mexico-Canada Agreement (USMCA) will be given the opportunity to certify their U.S. content and systems will be implemented such that the 25% tariff will only apply to the value of their non-U.S. content.