2024 Hyundai IONIQ 5 Electric SUV Review

While some EVs are still questioned in terms of drivability, value and/or style, the 2024 Hyundai Ioniq 5 has earned top marks from the most important reviewers. 

Kelley Blue Book and Motor Trend rank it number one. Car and Driver gives it top marks of 10 out of 10. One Top Speed reviewer explains that this EV is a good car, not just a good electric vehicle. The same writer calls it an absolute gem.

Its one-pedal driving function puts it on par with more expensive EVs, including the Tesla Model Y. The ability to alter regenerative braking with steering wheel paddle shifters is another example of its competitive advantage.

The 2024 Ioniq 5 is definitely a spacious SUV.  Standing tall, it has a generous view of the road up front. Utility and versatility are covered by good cargo space and a reasonable tow rating.

Cabins are rated at 106 cubic feet for passengers. There’s more space in this EV because the floor is flat, even for the middle seat on the second row.  Drivers have 41.7 inches of front legroom, and they don’t have to worry about the second row where legroom is almost as generous.

Behind the first row, there’s 59 cubic feet for cargo. The hold measures 27.2 cubic feet and has an available power liftgate for fast access. 

When introduced in 2022, the tow rating was still under 2,000 pounds. However, the 2024 top tow rating is 2,300 pounds. This shows the direction that Hyundai is taking this premiere EV.

With all-wheel drive, this vehicle gains all-weather traction and light off-road capability. The driver modes include a snow setting. Ground clearance is 6.1 inches. 

Depending on your choice of the standard short range or standard long range battery pack, horsepower is 168 or 225. Both models produce a healthy 258 lb-ft of almost-instantaneous 

torque. This electric kick really gets the 2024 Ioniq 5 moving and keeps it moving at whatever pace the driver needs. 

If you want something even speedier, the AWD powertrain has two electric motors and produces 320 horsepower and 446 lb-ft. Again, this kick is nearly instantaneous, and it has one electric motor dedicated to the front axle and another dedicated to the rear axle. 

Able to push torque to the front or rear wheels at any point, the electronically controlled all-wheel drive is truly ahead of what is found on a typical gas-powered car. It helps the Ioniq 5 driver avoid wheelspin on or off the road. You can learn more about this when you take an Ioniq 5 test drive.

The standard battery offers two levels of driving range. The first is 220 miles, and the second is 303 miles, according to EPA estimates. These rear-wheel drive vehicles have the single electric motor placed at the rear. 

That’s what makes driving the Hyundai Ionic 5 in Scottsdale so special. It’s the kind of rear-wheel drive that you find on high-end gas-powered sports cars, and it spices up the Ioniq 5 handling.

Fuel efficiency is remarkable at 132 mpg-e in the city for long-range and 110 mpge-e city for short range RWD models. Highway driving for these is rated at either 127 mpg-e or 94 mpg-e. EPA projected fuel costs are just $600 or $650 for these models.

AWD models have an EPA-estimated electric range of 260 miles. That’s an extra 34 miles when you choose the Ioniq 5 AWD model over the 2024 Ford Mustang Mach e AWD.  Mach e ratings show 226 miles (AWD) or 250 miles (RWD).

Furthermore, fuel economy is 110 mpg-e in busy Phoenix AZ city driving. Highway driving is rated at 88 mpg-e.

The fuel economy calculator estimate shows spending about $700 a year to fuel this vehicle. To put it another way, it requires about $1.19 to go 25 miles while a gas-powered model would require a gallon of gas at its $3.50 to $4.00 price.

Hyundai has outfitted the Ioniq 5 with a 800-volt ultra-fast charger. This allows the Ioniq 5 driver to charge the vehicle in 25 minutes at a roadside charger. 

This charger takes it from 10 percent power to 80 percent power in 18 minutes.  By comparison, the 2024 Ford Mustang Mach e has improved its numbers, but it still estimates a 40 minute wait for the same level of charge. 

At home, the ultra-fast capacity allows the Ioniq 5 to charge in about 7 hours with a 240 volt adapter. It takes many other affordable electric cars about 8 to 9 hours.

Typical of EVs, this one has regenerative brakes. However, Hyundai Ioniq technology allows drivers to stay in charge of the situation. A one-pedal braking system allows the driver to utilize this function in slow-and-go traffic. Furthermore, the steering wheel paddles let you choose the level of regenerative braking you want at faster travel speeds.

Covering all the angles, the 2024 Hyundai Ioniq 5 in Scottsdale is a practical family SUV.  It has the big backseat that is needed for growing kids, teens, or car seats. The upholstery can be Hyundai’s outstanding fabric with its ability to resist stains and odors.

Passengers will like the fact that the rear seats can recline and slide. This also makes it easy for parents who are installing carseats to reach the LATCH attachments. 

With 39.4 inches of second-row legroom, teens won’t have reason to complain. Plus parents can enjoy their seat’s full range without worrying about who’s behind them. This means no loss of seat mobility when there are carseats behind you.

For families watching their budget, the Hyundai electric vehicle provides important driver assistance and top technologies for less money. Furthermore, the product is backed by the longest automotive warranties in the business. 

In addition to the three powertrains, trim levels include SE, SEL and Limited. The SE base package has an upscale interior for the price. There are dual screens to provide information and entertainment. The digital instrumentation is easy to use, and there shouldn’t be a learning curve for you to adjust to its menus and features.

Cabin standards include a power driver’s chair, dual-zone automatic air conditioning controls, and reclining rear seats.  SEL models dress up the interior with H-Tex upholstery. Ambient lighting casts a welcoming glow at night. Other SEL standards include a power liftgate, heated seats, heated steering wheel, and the Hyundai Digital Key.

Stepping up to the Limited Ioniq 5, the cabin is even more opulent. Ventilated seats ensure greater comfort in the summer.  Other Limited standards include a Vision Roof, a Bose audio system, rear sunshades, and a head up display.

The Ioniq 5 added more airbags to its list of safety standards this year. Plus, there are numerous driver aids, including a new haptic feedback steering wheel. 

Forward collision avoidance (FCA) includes immediate dangers from cyclists, people or cars ahead. This can trigger an autobrake. A blind spot monitor or lane departure alert may trigger a steering assist. A rear cross-traffic alert also has an active function that reacts if the driver doesn’t.

All Ioniq 5 models have adaptive cruise control, ensuring that your new EV can slow and go in busy traffic once you set the speed. While you steer, you get help from lane follow assist and lane keeping assistance.  

With Highway Driving Assist, the Hyundai EV can take over even more driving functions. Level 1 is standard on the SE models while Level 2 is standard on higher trims.

FCA is expanded by the ability to watch for side traffic dangers and oncoming traffic dangers. This system can scan junctions and assist the driver in staying safe through the intersection. A combination of automatic braking and evasive steering may prevent an accident when the driver can’t.

Parking assistance includes a full parking assist system and a surround view monitor. Other aids include a reverse autobrake and rear distance sensors. 

The Ioniq 5 is available now at our Hyundai Scottsdale dealership.  We offer competitive financing options to help more people buy or lease this electric vehicle. Learn more about Earnhardt financing.

Of course, the best research is to get behind the wheel of this EV.  You are invited to visit our dealership at your convenience. Schedule a test drive and find out more about this EV’s excellent handling and performance.