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Hyundai cuts IONIQ 5 N EV prices by $6,300
(electrek.co)
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If you think this is insane, you haven’t shopped for a new car recently.
The average cost of a new car in the US is apparently 51k, so you're dead on. This "performance verison" is well within the range of a normal upgrade package.
The mere fact all prices are insane does not magically make them sane.
It's all insane.