The 2024 Hyundai Ioniq 5 emerges as a standout compact crossover EV, boasting a spacious cabin for five occupants, abundant standard features, and a range of battery and powertrain options, including the all-new all-wheel-drive N performance variant.
Across its standard trims, the Ioniq 5 delivers a premium cabin experience, offering a tranquil and comfortable ride, responsive handling, and ample power. Stepping up to the N trim unleashes its racing potential, featuring a firmer suspension, sportier seats, dynamic steering and cornering setups, and an impressive power output.
While the Ioniq 5 has historically competed well in the compact non-luxury electric crossover segment, recent changes in eligibility rules have given North American-built rivals an advantage with federal clean vehicle tax credits, significantly reducing their actual cost compared to the Hyundai. Nevertheless, the Ioniq 5 remains an attractive option, boasting stylish design, an industry-leading warranty, and a driving range of up to 303 miles.
The high-performance Ioniq 5 N isn’t shy about its capabilities, rivaling other top-tier EVs like the Tesla Model Y. With a robust 601 horsepower, expandable to 641 horses for quick acceleration bursts, it promises exhilarating performance. While sharing its basic powertrain and platform with the Kia EV6 GT, Hyundai assures a unique level of performance and driving experience for the Ioniq 5 N.
Equipped with rapid 350 kW DC fast-charging capability, the Ioniq 5 stands out among its peers, offering swift charging times comparable to higher-priced competitors. Its cargo capacity ranks near the top of its class, and until recent price adjustments brought the Tesla Model Y into a more affordable category, the Ioniq 5 boasted superior rear legroom and fuel efficiency. Although the Model Y narrowly surpasses it in rear legroom and energy consumption, the Ioniq 5 holds its own in this competitive landscape.
Competitors in the electric crossover arena include the Audi Q4 e-tron, Ford Mustang Mach-E, Kia EV6, Nissan Ariya, Subaru Solterra, Toyota bZ4X, Volkswagen ID.4, and Volvo XC40 Recharge. Despite being three years old, the Ioniq 5 retains the winning formula that established it as a pioneering dedicated EV. With its distinctive design, impressive driving dynamics, and diverse trim, range, and powertrain options, it continues to captivate discerning buyers.
