Luxury Electric Vehicle Market to Get a New Contender: Slovakian Import to Challenge Hyundai Ioniq 5 In a move that could shake up the electric vehicle (EV) market, a new model from Slovakia is set to arrive in the US, priced competitively in the high $40,000s. The new vehicle, which promises to be a more affordable alternative to the Hyundai Ioniq 5, boasts a larger size profile compared to its predecessor, the EX40. At a starting price of $56,545 with shipping, the EX40 has already carved out a niche for itself in the EV market. With its new Slovakian rival promising to bring a more budget-friendly option to the table, consumers are likely to be eagerly awaiting the opportunity to get behind the wheel of this exciting new model.


Priced in the high $40,000s, the new model to be imported from Slovakia is taller and longer than the EX40, which starts at $56,545 with shipping.