Home

Hyundai

Ioniq 5

News

2024 Hyundai Ioniq 5 To Be Carry-Over Model With A Few New Features

The recent EPA ratings reveal basically the same range and efficiency numbers.

2024 Hyundai Ioniq 5

Mark Kane Mark Kane

By: Mark Kane

Aug 30, 2023 at 10:43am ET

Add InsideEVs as a preferred source in Google

Share

Comment

Hyundai announced earlier this year that the 2024 Ioniq 5 will be a carry-over model with just a few small changes related to safety and convenience features.

The list of new things includes:

Other than that, the Hyundai Ioniq 5 will basically not change compared to the 2023 model year.

The recently released EPA ratings revealed range and efficiency numbers. They are the same as in the 2023 model year, aside from the top-of-the-line Long Range AWD version, which has a slightly lower EPA Combined range (260 miles instead of 266 miles in 2023, and 256 miles in 2022).

It's worth noting that the EPA's online database does not show the 2023 model year of the Ioniq 5 (the numbers were provided by Hyundai).

external_image

Energy consumption, including charging losses, of the 2024 Hyundai Ioniq 5 is 110 MPGe: 306 watt-hours per mile in the case of the entry-level version.

The Long Range RWD is a bit more efficient at 114 MPGe: 296 Wh/mi, while the Long Range AWD version is the least efficient at 99 MPGe: 340 Wh/mi.

2024 Hyundai Ioniq 5 Standard Range RWD

2024 Hyundai Ioniq 5 Standard Range RWD :: EPA Range rating by InsideEVs
[Electric Vehicle 2-cycle label] Combined
City
Highway 220 miles
N/A
N/A EPA Energy consumption (including charging losses): Combined
City
Highway 110 MPGe: 306 Wh/mi
127 MPGe: 265 Wh/mi
94 MPGe: 359 Wh/mi

2024 Hyundai Ioniq 5 RWD (all trims)

2024 Hyundai Ioniq 5 RWD (all trims) :: EPA Range rating by InsideEVs
[Electric Vehicle 2-cycle label] Combined
City
Highway 303 miles
N/A
N/A EPA Energy consumption (including charging losses): Combined
City
Highway 114 MPGe: 296 Wh/mi
132 MPGe: 255 Wh/mi
98 MPGe: 344 Wh/mi

2024 Hyundai Ioniq 5 AWD (all trims)

2024 Hyundai Ioniq 5 AWD (all trims) :: EPA Range rating by InsideEVs
[Electric Vehicle 2-cycle label] Combined
City
Highway 260 miles
N/A
N/A EPA Energy consumption (including charging losses): Combined
City
Highway 99 MPGe: 340 Wh/mi
110 MPGe: 306 Wh/mi
88 MPGe: 383 Wh/mi

Prices

Pricing for the 2024 Hyundai Ioniq 5 is not yet available on Hyundai's website, but we assume there will be no significant changes, if any.

The key thing for the Ioniq 5, and other imported models, is the lack of eligibility for the full $7,500 federal tax credit when purchasing a new car - the incentive might be available through leasing.

What do you think?

View

Comments

Despite the issue with the tax credit, the Hyundai Ioniq 5 noted very strong sales in July with a record of 4,135 units sold(up 109 percent year-over-year). After seven months in 2023, the result is also positive at 17,776 (up 13 percent year-over-year). This makes the Ioniq 5 one of the most popular BEVs on the market.

Model Base Price Dest. Charge Tax Credit Effective Price 2023 Hyundai Ioniq 5 SE SR RWD 19-inch $41,450 +$1,335 N/A $42,785 2023 Hyundai Ioniq 5 SE RWD 19-inch $45,500 +$1,335 N/A $46,835 2023 Hyundai Ioniq 5 SE AWD 19-inch $49,000 +$1,335 N/A $50,335 2023 Hyundai Ioniq 5 SEL RWD 19-inch $47,450 +$1,335 N/A $48,785 2023 Hyundai Ioniq 5 SEL AWD 19-inch $50,950 +$1,335 N/A $52,285 2023 Hyundai Ioniq 5 Limited RWD 19-inch $52,600 +$1,335 N/A $53,935 2023 Hyundai Ioniq 5 Limited AWD 20-inch $56,500 +$1,335 N/A $57,835 2024 Hyundai Ioniq 5 SE SR RWD 19-inch     N/A   2024 Hyundai Ioniq 5 SE RWD 19-inch     N/A   2024 Hyundai Ioniq 5 SE AWD 19-inch     N/A   2024 Hyundai Ioniq 5 SEL RWD 19-inch     N/A   2024 Hyundai Ioniq 5 SEL AWD 19-inch     N/A   2024 Hyundai Ioniq 5 Limited RWD 19-inch     N/A   2024 Hyundai Ioniq 5 Limited AWD 20-inch     N/A  

Basic specs

Model Drive Battery
(kWh) EPA
Range 0-60
mph
(sec) Top
Speed 2023 Hyundai Ioniq 5 SE SR RWD 19-inch RWD 58.2 220 mi*     2023 Hyundai Ioniq 5 SE RWD 19-inch RWD 77.4 303 mi*   115 mph 2023 Hyundai Ioniq 5 SE AWD 19-inch AWD 77.4 266 mi* 5.0 115 mph 2023 Hyundai Ioniq 5 SEL RWD 19-inch RWD 77.4 303 mi*   115 mph 2023 Hyundai Ioniq 5 SEL AWD 19-inch AWD 77.4 266 mi* 5.0 115 mph 2023 Hyundai Ioniq 5 Limited RWD 19-inch RWD 77.4 303 mi*   115 mph 2023 Hyundai Ioniq 5 Limited AWD 20-inch AWD 77.4 266 mi* 5.0 115 mph 2024 Hyundai Ioniq 5 SE SR RWD 19-inch RWD 58.2 220 mi     2024 Hyundai Ioniq 5 SE RWD 19-inch RWD 77.4 303 mi   115 mph 2024 Hyundai Ioniq 5 SE AWD 19-inch AWD 77.4 260 mi 5.0 115 mph 2024 Hyundai Ioniq 5 SEL RWD 19-inch RWD 77.4 303 mi   115 mph 2024 Hyundai Ioniq 5 SEL AWD 19-inch AWD 77.4 260 mi 5.0 115 mph 2024 Hyundai Ioniq 5 Limited RWD 19-inch RWD 77.4 303 mi   115 mph 2024 Hyundai Ioniq 5 Limited AWD 20-inch AWD 77.4 260 mi 5.0 115 mph

* EPA range according to Hyundai

See also

US: Hyundai BEV Sales Surged Again In July 2023

Hyundai Ioniq 5 N Debuts With Up To 641 HP, Simulated Eight-Speed Gearbox

We want your opinion!

What would you like to see on Insideevs.com?

Take our 3 minute survey.

- The InsideEVs team

Share this Story

GO TO COMMENTS

(

)

Got a tip for us? Email: tips@insideevs.com

View all comments ( )

Trending

Kia EV3 Lease Deals Are Here, And It’s Cheaper Than The Chevy Bolt And Nissan Leaf

Kia EV3 Lease Deals Are Here, And It’s Cheaper Than The Chevy Bolt And Nissan Leaf

I Let Android Auto Plan My EV Roadtrip. Here’s How It Worked

I Let Android Auto Plan My EV Roadtrip. Here’s How It Worked

This Chevy Bolt Has 470,000 Miles. Here’s How Much A New Battery Was

This Chevy Bolt Has 470,000 Miles. Here’s How Much A New Battery Was

Here's What It's Like To Take Delivery Of A Rivian R2

Here's What It's Like To Take Delivery Of A Rivian R2

latest articles

RECOMMENDED FOR YOU



The Longest-Range EVs You Can Buy In 2026



This Chinese EV Is Now Made In Europe. More Are Coming



The Best EV Lease And Finance Deals In September 2026



GM Is Closing Its Detroit EV Battery Plant



Hyundai’s Next Two EVs Could Be A Little More Normal



The 2027 Lexus NX Plug-In Hybrid Gets A Bigger Battery And Fast Charging



2027 Hyundai Tucson Bets On Hybrids And A Modern Infotainment System