The Hyundai Ioniq 5 offer in the U.S. has electrified customers as the MSRP pricing appears to be very competitive.
We have already compared the all-wheel-drive version with other crossovers/SUVs, but now let's take a look at the less expensive, rear-wheel-drive version with the 77.4 kWh battery, which appears to be one of the top value propositions.
For the comparison we selected several crossover/SUV models (from Tesla, Ford, Audi, VW and Nissan), with a single motor and/or range or about 300 miles, that might be cross shopped with the Hyundai Ioniq 5 RWD.
Hyundai Ioniq 5 Vs Tesla Model Y
First on the list is the Tesla Model Y, which in the U.S. is available only in the all-wheel drive version (this is the only AWD model in this comparison). However, as the Tesla Model Y is by far the most popular electric car on the market (see sales results here), it's the starting point for any discussion.
The Hyundai Ioniq 5 SE RWD has a similar battery to the Tesla Model Y LR AWD, and it seems that both cars with 19" wheels have a pretty similar range. 303 miles (488 km) of EPA range in the case of the Hyundai Ioniq 5 is a really good result.
Tesla's advantage will be 8% more EPA range, dual-motor, all-wheel-drive, probably better acceleration, better top speed, and of course, access to the Supercharging network.
However, the Hyundai Ioniq 5 has an outstanding fast charging capability - one of the best on the market as long as there are high-power 800 V chargers (10-80% SOC in 18 minutes) - and a big advantage in terms of MSRP price - 26% or over $15,000.
Because Tesla is no longer eligible for the $7,500 federal tax credit, the effective difference is at almost 38% or almost $23,000. That's a very big difference that allows adding some options or even selection of a better-equipped trim.
We assume that if one does not need the AWD and better acceleration, but would like about 300 miles of range, the price difference makes it a very serious competitor.
The unknown is the availability (it might be limited) and dealer markups, which would affect the price difference between the two.
| EV Comparison Side-by-Side by InsideEVs | |||
| Model | 2022 Hyundai Ioniq 5 SE RWD 19" [A] | Difference [A] / [B] | 2021 Tesla Model Y Long Range AWD 19" [B] |
| Drive | RWD | AWD | |
| Battery | 77.4 kWh | -3.3% | 80 kWh* |
| EPA Range | |||
| Combined | 303 mi (488 km) | -8.2% | 330 mi* (531 km) |
| Specs | |||
| 0-60 mph | 4.8 s | ||
| Top speed | 115 mph (185 km/h) | -14.8% | 135 mph (217 km/h) |
| Peak power | 168 kW | ||
| EPA Energy Consumption (including charging losses) | |||
| Combined | 114 MPGe: 296 Wh/mi (184 Wh/km) | ||
| City | 132 MPGe: 255 Wh/mi (159 Wh/km) | ||
| Highway | 98 MPGe: 344 Wh/mi (214 Wh/km) | ||
| Prices | |||
| MSRP | $43,650 | -26% | $58,990 |
| Dest. Charge | +$1,225 | +$1,200 | |
| Tax Credit | $7,500 | N/A | |
| Effective Price | $37,375 | -37.9% | $60,190 |
Hyundai Ioniq 5 Vs Ford Mustang Mach-E
The next EV on the list is the Ford Mustang Mach-E (the latest 2022 model year) in the base Route 1 Extended Range RWD version.
The Mach-E has noticeably bigger battery (by some 22%), but it has basically the same EPA range, even with smaller 18" wheels. The 19" wheels in Premium trim ($2,325 more) decrease the range a bit to 300 miles EPA.
The biggest difference appears to be the price - much more attractive in the case of the Hyundai Ioniq 5 (by over 19% of $9,000 effectively). The Ioniq 5 also has a better charging curve.
| EV Comparison Side-by-Side by InsideEVs | |||
| Model | 2022 Hyundai Ioniq 5 SE RWD 19" [A] | Difference [A] / [B] | 2022 Ford Mustang Mach-E Route 1 ER RWD 18" [B] |
| Drive | RWD | RWD | |
| Battery | 77.4 kWh | -21.7% | 98.8 kWh |
| EPA Range | |||
| Combined | 303 mi (488 km) | -0.7% | 305 mi* (491 km) |
| Specs | |||
| 0-60 mph | 6.1 s | ||
| Top speed | 115 mph (185 km/h) | ||
| Peak power | 168 kW | -22.2% | 216 kW |
| EPA Energy Consumption (including charging losses) | |||
| Combined | 114 MPGe: 296 Wh/mi (184 Wh/km) | 12.9% | 101 MPGe: 334 Wh/mi (207 Wh/km) |
| City | 132 MPGe: 255 Wh/mi (159 Wh/km) | 22.2% | 108 MPGe: 312 Wh/mi (194 Wh/km) |
| Highway | 98 MPGe: 344 Wh/mi (214 Wh/km) | 4.3% | 94 MPGe: 359 Wh/mi (223 Wh/km) |
| Prices | |||
| MSRP | $43,650 | -17.3% | $52,775 |
| Dest. Charge | +$1,225 | +$1,100 | |
| Tax Credit | $7,500 | $7,500 | |
| Effective Price | $37,375 | -19.4% | $46,375 |
Hyundai Ioniq 5 Vs Audi Q4 e-tron
The Audi Q4 40 e-tron (RWD) is similarly priced, but despite a slightly bigger battery, it has a noticeably lower EPA range. Acceleration is expected to be better in the Hyundai Ioniq 5, which has a higher top speed and better fast charging characteristics.
| EV Comparison Side-by-Side by InsideEVs | |||
| Model | 2022 Hyundai Ioniq 5 SE RWD 19" [A] | Difference [A] / [B] | 2022 Audi Q4 40 e-tron 19" [B] |
| Drive | RWD | RWD | |
| Battery | 77.4 kWh | -5.6% | 82 kWh |
| EPA Range | |||
| Combined | 303 mi (488 km) | 21.2% | 250 mi* (402 km) |
| Specs | |||
| 0-60 mph | 7.9 s | ||
| Top speed | 115 mph (185 km/h) | 16.2% | 99 mph (159 km/h) |
| Peak power | 168 kW | 12% | 150 kW |
| EPA Energy Consumption (including charging losses) | |||
| Combined | 114 MPGe: 296 Wh/mi (184 Wh/km) | ||
| City | 132 MPGe: 255 Wh/mi (159 Wh/km) | ||
| Highway | 98 MPGe: 344 Wh/mi (214 Wh/km) | ||
| Prices | |||
| MSRP | $43,650 | -0.6% | $43,900 |
| Dest. Charge | +$1,225 | +$1,095 | |
| Tax Credit | $7,500 | $7,500 | |
| Effective Price | $37,375 | -0.3% | $37,495 |
Hyundai Ioniq 5 Vs Volkswagen ID.4
The comparison with the Volkswagen ID.4 is very similar to the previous one, but the ID.4 is less expensive (effectively, by 11%). We are also waiting for the numbers for the 2022 model year.
| EV Comparison Side-by-Side by InsideEVs | |||
| Model | 2022 Hyundai Ioniq 5 SE RWD 19" [A] | Difference [A] / [B] | 2021 Volkswagen ID.4 Pro 19" [B] |
| Drive | RWD | RWD | |
| Battery | 77.4 kWh | -5.6% | 82 kWh |
| EPA Range | |||
| Combined | 303 mi (488 km) | 16.5% | 260 mi (418 km) |
| City | 278.5 mi (448 km) | ||
| Highway | 237.1 mi (381 km) | ||
| Specs | |||
| 0-60 mph | |||
| Top speed | 115 mph (185 km/h) | ||
| Peak power | 168 kW | 12% | 150 kW |
| EPA Energy Consumption (including charging losses) | |||
| Combined | 114 MPGe: 296 Wh/mi (184 Wh/km) | 15.2% | 99 MPGe: 340 Wh/mi (212 Wh/km) |
| City | 132 MPGe: 255 Wh/mi (159 Wh/km) | 23.4% | 107 MPGe: 315 Wh/mi (196 Wh/km) |
| Highway | 98 MPGe: 344 Wh/mi (214 Wh/km) | 7.7% | 91 MPGe: 370 Wh/mi (230 Wh/km) |
| Prices | |||
| MSRP | $43,650 | 9.1% | $39,995 |
| Dest. Charge | +$1,225 | +$1,195 | |
| Tax Credit | $7,500 | $7,500 | |
| Effective Price | $37,375 | 10.9% | $33,690 |
Hyundai Ioniq 5 Vs Nissan Ariya
The last model on the list is the upcoming 2023 Nissan Ariya (see more info here), which in its entry-level Venture+ version (front-wheel drive), appears to be interesting.
The Ariya has a noticeably bigger battery, but the EPA range is expected to be basically the same - about 300 miles. The power output is similar, so the performance might also be quite similar.
The price of the Ariya is only slightly higher. That's a good sign because the well-equipped Platinum+ trim (AWD) starts at an MSRP of $58,950 (much more expensive than the AWD Ioniq 5).
The problem with the Nissan Ariya is its fast charging rate (only up to 130 kW), and the availability - it will be launched in Fall 2022. A lot might change in a year from now.
| EV Comparison Side-by-Side by InsideEVs | |||
| Model | 2022 Hyundai Ioniq 5 SE RWD 19" [A] | Difference [A] / [B] | 2023 Nissan Ariya Venture+ FWD 19" [B] |
| Drive | RWD | FWD | |
| Battery | 77.4 kWh | -14.9% | 91 kWh |
| EPA Range | |||
| Combined | 303 mi (488 km) | 1% | 300 mi* (483 km) |
| Specs | |||
| 0-60 mph | 7.2 s | ||
| Top speed | 115 mph (185 km/h) | ||
| Peak power | 168 kW | -5.6% | 178 kW |
| EPA Energy Consumption (including charging losses) | |||
| Combined | 114 MPGe: 296 Wh/mi (184 Wh/km) | ||
| City | 132 MPGe: 255 Wh/mi (159 Wh/km) | ||
| Highway | 98 MPGe: 344 Wh/mi (214 Wh/km) | ||
| Prices | |||
| MSRP | $43,650 | -5% | $45,950 |
| Dest. Charge | +$1,225 | +$1,175 | |
| Tax Credit | $7,500 | $7,500 | |
| Effective Price | $37,375 | -5.7% | $39,625 |
* estimated/unofficial values
Summary
It seems that the Hyundai Ioniq 5 RWD significantly undercuts the Tesla Model Y and beats others in terms of price and/or specs, which should attract a lot of customers. Feel free to leave us a comment as to which 300-mile crossover/SUV would be the best for you. And remember, soon the Kia EV6 will join the party.
Prices
| Model | Base Price | Dest. Charge | Tax Credit | Effective Price |
| 2022 Audi Q4 40 e-tron 19" | $43,900 | +$1,095 | $7,500 | $37,495 |
| 2022 Ford Mustang Mach-E Route 1 ER RWD 18" | $52,775 | +$1,100 | $7,500 | $46,375 |
| 2022 Hyundai Ioniq 5 SE RWD 19" | $43,650 | +$1,225 | $7,500 | $37,375 |
| 2023 Nissan Ariya Venture+ FWD 19" | $45,950 | +$1,175 | $7,500 | $39,625 |
| 2021 Tesla Model Y Long Range AWD 19" | $58,990 | +$1,200 | N/A | $60,190 |
| 2021 Volkswagen ID.4 Pro 19" | $39,995 | +$1,195 | $7,500 | $33,690 |
Basic specs
| Model | Drive | Battery (kWh) | EPA Range | 0-60 mph (sec) | Top Speed |
| 2022 Audi Q4 40 e-tron 19" | RWD | 82 | 250 mi* (402 km) | 7.9 | 99 mph (159 km/h) |
| 2022 Ford Mustang Mach-E Route 1 ER RWD 18" | RWD | 98.8 | 305 mi* (491 km) | 6.1 | |
| 2022 Hyundai Ioniq 5 SE RWD 19" | RWD | 77.4 | 303 mi (488 km) | 115 mph (185 km/h) | |
| 2023 Nissan Ariya Venture+ FWD 19" | FWD | 91 | 300 mi* (483 km) | 7.2 | |
| 2021 Tesla Model Y Long Range AWD 19" | AWD | 80* | 330 mi* (531 km) | 4.8 | 135 mph (217 km/h) |
| 2021 Volkswagen ID.4 Pro 19" | RWD | 82 | 260 mi (418 km) |
See also
