Hyundai has cut up to $35,000 from its Ioniq 6 electric sedan as it works to clear two years' worth of new stock amid declining sales and an inbound facelift.
Australian prices of the Hyundai Ioniq 6 electric sedan have been slashed by up to $35,000 to clear excess stock from Model Year 2023 amid slow sales and a facelift due early next year.
Offered from $49,990 drive-away – down from its $71,500 before on-road costs starting price – prices have been cut between $30,000 and $35,000 when including on-road costs, but only for Model Year 2023 (MY23) stock, not newer MY24 or MY25 examples.
Hyundai Australia has offered a $20,000 deposit contribution for the Ioniq 6 since the start of the year when purchased through Hyundai Finance; however, the latest offer is available to all customers.
Year-to-date, Hyundai Ioniq 6 sales have declined 72 per cent compared to the same period last year, with 93 deliveries recorded in 2025, down from 330 in 2024 and 417 in 2023.
It compares to 5416 Tesla Model 3s, 5308 BYD Seals and 264 Polestar 2s sold in Australia between January and September 2025, according to data supplied by the Electric Vehicle Council (EVC) and Federal Chamber of Automotive Industries (FCAI).
A Hyundai Australia spokesperson confirmed that 115 examples of the MY23 Ioniq 6 remain in stock across Australia, while one newer MY25 example remains, ahead of the facelifted MY26 model coming to Australia soon.
In November 2023, Hyundai announced discounts of up to $12,000 to clear around 600 units of MY23 Ioniq 6 stock, while prices were reduced for MY24 with an expanded line-up, including a smaller battery option.
The rear-wheel-drive Ioniq 6 Dynamiq has a 168kW/350Nm single electric motor, a 614-kilometre driving range on European WLTP lab-testing, and a claimed 7.4-second 0-100km/h acceleration time.
Meanwhile, the $54,990 Techniq and $59,990 Epiq upgrade to all-wheel drive, featuring a combined output of 239kW/605Nm from its front and rear electric motors, a 519km WLTP driving range, and a 0-100km/h time of 5.1 seconds.
A facelift for the Hyundai Ioniq 6 is due in Australia soon, with revised front and rear styling, an N Line variant, new infotainment software, a different steering wheel, and "more premium" door trim materials.
It was previously expected in Australia by the end of the year, but the spokesperson said timing is now 'TBC'.
The Ioniq 6 N performance sedan, a rival for the Tesla Model 3 Performance, has been confirmed to follow between January and March 2026, matching its Ioniq 5 N SUV sibling with 478kW/770Nm in N Grin Boost mode, or 448kW/740Nm in standard mode.
The Ioniq 6 N has a claimed 3.2-second 0-100km/h acceleration time, along with a virtual gear shifter designed to replicate an eight-speed dual-clutch automatic transmission, an 'N Drift Optimizer' mode to initiate tail slides, and 'N Active Sound +' artificial sounds.
2023 Hyundai Ioniq 6 price in Australia (new stock available in October 2025)
Jordan is a motoring journalist based in Melbourne with a lifelong passion for cars. He has been surrounded by classic Fords and Holdens, brand-new cars, and everything in between from birth, with his parents’ owning an automotive workshop in regional Victoria. Jordan started writing about cars in 2021, and joined the Drive team in 2024.
