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The 2024 Hyundai Ioniq 5 is an EV with futuristic good looks and some great updates over last year’s model. Read our full thoughts here.
2024 Hyundai Ioniq 5 – hyundaiusa.com | Shop 2024 Hyundai Ioniq 5 on Carsforsale.com
What’s New for the 2024 Hyundai Ioniq 5 ?
After arriving two years ago, the 2024 Hyundai Ioniq 5 continues to impress with styling that is simultaneously retro and futuristic, big-time electric charging capability, and competitive driving range.
Updates over last year’s model, that we review here, include lineup standard rear side airbags and Wi-Fi capability along with a digital rearview mirror on Limited models. A key part of Hyundai’s burgeoning Ioniq electric-powered sub-brand, the 5 aims to make the transition to EV ownership as easy as possible.
Carsforsale.com Score
9.5/10
Powertrain
Score
9.5/10
Interior
Score
9/10
Technology
Score
9.25/10
Value
Score
9.5/10
The Breakdown
Knockout styling
All the tech
Up to 300 miles of range
Mini front trunk
Strange rotary column shifter
Thick C pillars crimp visibility
Makes a strong case for owning an EV
2024 Ioniq 5 Specs
- 168 horsepower from base motors
- 258 lb-ft of torque from base motors
- 4 available trims
- 27.2 cu-ft of cargo capacity
- 59.3 cu-ft of cargo capacity with seats down
- Top marks from both safety agencies
- Heads-up display with augmented reality graphics
- 10 years of battery coverage
2024 Hyundai Ioniq 5 Powertrain 9.5/10
In SE Standard Range spec, the 2024 Hyundai Ioniq 5 comes with a 58.0-kWh battery pack juicing a single rear motor good for 168 horsepower and 258 lb-ft of torque. Like all models, a direct-drive transmission routes that juice, but these models are RWD only. Check out our explainer article on drivetrains and powertrains for more technical details on this.
Stepping up the SE, SEL, or Limited trim line nets a 77.4-kWh battery pack good for 225 horses and 258 torques in RWD setup or 320 hp and 446 lb-ft of torque with optional AWD, which costs $3,500 extra. Adjustable regenerative braking and DC “Ultra Fast” charging capability are fitted across the board.
And it’s this 800-volt ultra-fast architecture that makes the Ioniq 5 so special as it is said, per Hyundai, to add 68 miles of driving range in just 5 minutes. The hook is finding a charging station capable of delivering this heady level of electrons, but as the national charging infrastructure continues its build-out, the Ioniq 5 will be ready.
As for efficiency, the base model is rated for 110 MPGe combined and 220 miles of driving range. SE models and above with the single rear motor come in at 114 MPGe combined and 303 miles of range, while adding AWD drops those figures to 99 MPGe combined and 260 miles of driving range.
2024 Hyundai Ioniq 5 Interior 9/10
Inside, the Ioniq 5 features an elegant layout with cloth or H-Tex leatherette upholstery, the latter of which is offered in a handsome gray and dark green two-tone scheme on Limited trim. Heated front seats, an acoustic laminated windshield, and dual-zone automatic climate control are all lineup standard as is a reclining and sliding 2nd-row seat.
There is room for up to 5 passengers, all of whom will appreciate the completely flat floor, a benefit of the gas-free powertrain. Fold the back seat down for 59.3 cubic feet of cargo room or keep it upright for 27.2 cubes. Either way, it’s significantly more than the 15 cubic foot trunk a Tesla Model 3 offers. However, the front trunk measures a measly 0.85 cubic feet, so you can perhaps store the charging cable up there.
2024 Hyundai Ioniq 5 Technology Features 9.25/10
Technology is a high point of the 2024 Ioniq 5 which comes standard with a fully digital gauge cluster and a 12.3-inch infotainment screen that all flows behind a single arc of glass atop the dashboard. Apple CarPlay and Android Auto are also included, though not with wireless connectivity, as is a navigation system, a 6-speaker stereo, and a subscription to Hyundai’s Bluelink+ app-based vehicle control system.
Though the 2024 model has not yet been tested, the 2023 Ioniq 5 received a 5-star overall rating from the NHTSA and a Top Safety Pick+ rating from the IIHS. There are 8 standard airbags and the roster of included driver aids is deep.
It consists of forward collision mitigation, a lane-keeping system, blind-spot monitoring and mitigation, rear cross-traffic alert and mitigation, and highway driving assist 1 which is a level 2 semi-automated driving system.
2024 Hyundai Ioniq 5 Trims & Pricing
SE Standard Range – $42,985
The entry-level Ioniq 5 rides on 19-inch wheels, and has full LED exterior lighting, heated side mirrors, and auto-retracting flush door handles. Cloth upholstery, heated front seats, dual zone automatic climate control, and a leather-wrapped steering wheel are all standard.
Along with smartphone mirroring and a 12.3-inch touchscreen, these models come with 5 USB ports, a Wi-Fi hotspot, navigation, and Bluelink+ connectivity.
SE – $47,035
SE models mirror the SE Standard Range trim for content but come with the larger 77.0-kWh battery pack, which provides more power and range as well as the option for AWD.
SEL – $48,585
The Ioniq 5 SEL is nicely equipped with a hands-free liftgate, Hyundai Digital Key tech, and access to a $1,000 matte paint job. These models also have a heated steering wheel, an auto-dim rearview mirror, a wireless phone charging pad, front parking sensors, forward collision mitigation with evasive steering assist, and highway driving assist 2, which adds auto-lane change capability to highway driving assist 1.
Limited – $54,685
Top-spec Limited trim comes with 20-inch wheels when AWD is fitted, upgraded headlights, an all-glass “Vision Roof”, rain-sensing wipers, and leatherette upholstery. Other upgrades include ventilated front seats, a digital rearview mirror, an 8-speaker Bose audio system, an AR-capable HUD, self-parking tech, a blind-spot view monitor, and a surround-view monitor.
2024 Hyundai Ioniq 5 Overall Value 9.5/10
Every 2024 Hyundai Ioniq 5 is a tremendous value thanks to its hatchback utility, ample driving range, high-end charging architecture, and loads of tech. The SEL model is our preferred trim as it comes with the longer-range powertrain and a host of feature improvements over the SE for about $1,500 extra.
It also comes with Hyundai’s famous 10-year/100,000-mile powertrain warranty and 3 years of complimentary service. Of course, as we look at in this EV maintenance article, that free service is less useful when the powertrain is all-electric.
CarsForSale.com Overall Score 9.5/10
2024 Hyundai Ioniq 5 – hyundaiusa.com | Shop 2024 Hyundai Ioniq 5 on Carsforsale.com
Really, the only thing the 2024 Hyundai Ioniq 5 doesn’t have going for it is the big range figures offered by the likes of the Tesla Model 3. But the Ioniq 5 is an absolute parade of style to the Tesla’s bland blobbiness and the Hyundai’s cabin offers a less startling transition for those looking to make the move from gasoline to electrons. The front trunk is silly and the oddball shifter stalk would take some getting used to, but otherwise, the Ioniq 5 is a tech-heavy, retro-futuristic crossover that doubles as a sweet compact hatchback.
2024 Hyundai Ioniq 5 FAQ
Does the Ioniq 5 qualify for tax credit?
The Hyundai Ioniq 5 does not qualify for a tax credit because it is not assembled in North America.
Is the Hyundai Ioniq 5 an EV?
Yes, the Hyundai Ioniq 5 is a 100% battery-powered electric car.
Where can you charge a Hyundai Ioniq 5?
The Ioniq 5 can be charged in any 120-volt, 240-volt, or DC fast-charging outlet. This link has more information and a map for finding a charging station.
