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EV-a2z > Reviews > 2024 Hyundai IONIQ 5 – Review, Specifications and Pricing
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2024 Hyundai IONIQ 5 – Review, Specifications and Pricing

Hyundai's IONIQ 5 introduction marks a significant evolution in the EV landscape, emphasizing innovation, eco-consciousness, and a high-tech driving experience.

EV-a2zm
Last updated: 2024/07/30 at 10:11 PM
EV-a2zm Published April 15, 2024 16 Min Read
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2024 Hyundai IONIQ 5 - Review, Specifications and Pricing
2024 Hyundai IONIQ 5 - Review, Specifications and Pricing
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1. Introduction 

The 2024 Hyundai IONIQ 5 is an all-electric compact crossover SUV from South Korean automaker Hyundai. It has four available trims, including the SE Standard Range, SE, SEL, and Limited. All except the SE Standard Range offers rear- and all-wheel drive configurations.

Contents
1. Introduction 2. New Features in 20243. Design and Aesthetics: A. Exterior design and style B. Interior design and materials C. Build Quality, Fit and Finish D. Ergonomics and Comfort E. Cargo space and Storage4. Performance and Driving Dynamics: A. Powertrain and battery specifications B. Acceleration and top speed C. Handling and ride quality D. Braking performance E. Regenerative braking5. Range, Charging, and Efficiency: A. EPA-estimated range and real-world range B. Charging options and infrastructure C. Charging times for various charging levels (Level 1, Level 2, DC Fast Charging) D. Energy consumption and efficiency6. Infotainment and Connectivity: A. Dashboard and instrument cluster B. Infotainment system and features C. Smartphone integration (Apple CarPlay, Android Auto) D. Over-the-air software updates7. Safety and Driver Assistance: A. Driver assistance and safety systems (ADAS) Standard Features:Optional Features (on higher trims):8. Reliability, Maintenance and Warranty: A. Reliability and build quality concerns  B. Maintenance and service requirements C. Warranty Coverage and Options D. Insurance costs and considerationsE. Resale Value and Depreciation9. Comparison to Competitors: A. Comparison with competitors10. Variants and Pricing:Available trims, Options, and Pricing11. Conclusion: 

The Hyundai IONIQ 5 was the first electric vehicle model to ride on Hyundai’s new Electric-Global Modular Platform (E-GMP). For context, it is a dedicated battery-electric vehicle architecture that supports faster charging technology, extended driving range, larger interior space, and better handling.

New 2024 Hyundai IONIQ 5 Limited 🔋 ⚡

Come see us this weekend to get behind the wheel of this electrifying drive!

Pricing and Details: https://t.co/mjzYrOiASN pic.twitter.com/dLe9rzOB7n

— Rosen Hyundai Algonquin (@RosenHyundai) March 22, 2024

2. New Features in 2024

The 2024 Hyundai IONIQ 5 comes with a wide range of new standard features that were not available last year, including the following:

  • rear seat side airbags
  • rear outboard seatbelt pre-tensioners
  • steering wheel haptic feedback added to the lane-keeping and blind-spot warning systems
  • in-car Wi-Fi capability (subscription required)
  • a standard digital rearview mirror on the Limited trim

3. Design and Aesthetics: 

A. Exterior design and style 

The 2024 Hyundai IONIQ 5 sports a unique and contemporary exterior design with retro-futuristic elements, including a sculpted profile and parametric pixel design. The pixelated lighting elements of the headlights, taillights, and wheels improve the modern design of the 2024 Hyundai IONIQ 5.

It also has flush floor handles that automatically appear when necessary, improving the model’s clean and minimalist look. It also rides on standard 20-inch wheels that enhance its sporty exterior design. In addition, it features a panoramic sunroof that creates a bright and airy atmosphere in the cabin.

B. Interior design and materials 

Hyundai developed the 2024 IONIQ 5 to be spacious, comfortable, and sustainable. Its “Living Space” theme focuses on passenger comfort, made possible by its flat floor, movable center console, and reclining front seats.

The electric SUV’s overall interior design is minimalist owing to its heavy reliance on technology, including dual 12.3″ digital displays for the instrument cluster and infotainment system.

More impressively, it uses sustainable materials such as follows:

  • Seats made from recycled PET bottles and plant-based materials
  • Eco-processed leather with plant-based extracts.
  • Bio paint with plant extracts.
  • Recycled plastics used in various trim elements

Despite its recycled materials, it still upholds a luxury feel depending on the trim. For instance, it offers leatherette upholstery and soft-touch materials on the dashboard and doors.

C. Build Quality, Fit and Finish 

The 2024 Hyundai IONIQ 5 has gained positive reviews for its build quality and fit and finish. True enough, it boasts a solid and well-built cabin. It also has good material quality that is fair for its price. Tight panel gaps between interior components enable a more refined appearance.

Despite using hard plastics on lower touchpoints, it competes well with popular brands regarding build quality.

D. Ergonomics and Comfort 

As noted above, the 2024 Hyundai IONIQ 5 features a “Living Space” theme to enable a comfortable and soothing feel for passengers. It also sports a flat floor owing to its under-floor battery placement. Its sliding center console also significantly improves the openness ambiance and increases leg room for both front and rear passengers.

The electric SUV’s cockpit has competitive ergonomics, putting all the key controls and data within easy reach. Its dual 12.3″ digital displays are also high-resolution to enable easy viewing.

E. Cargo space and Storage

The 2024 Hyundai IONIQ 5 has a decent cargo space for a compact SUV. Presented below is a breakdown of its storage capabilities:

Cargo area:

  • up to 27.2 cubic feet of cargo space behind the rear seats
  • 60/40 split-folding rear seats that expand cargo capacity to 59.3 cubic feet

Frunk (Front Trunk):

  • The 2024 IONIQ 5 offers a small frunk under the hood. Capacity varies depending on trim level:
  • SE and SEL trims: a tiny one cubic foot of space primarily for storing charging cables
  • Limited Trim: a slightly bigger but still limited space due to extra onboard parts

Additional storage:

  • The IONIQ 5 has various interior storage compartments for smaller items, such as:
  • A huge center console with a sliding feature on the Limited trim for added flexibility
  • Door pockets
  • Cupholders
  • Glove compartment

4. Performance and Driving Dynamics: 

A. Powertrain and battery specifications 

FeatureSE RWDSE/SEL/Limited AWDSEL RWDLimited AWD
Electric MotorPermanent Magnet Synchronous MotorPermanent Magnet Synchronous MotorPermanent Magnet Synchronous MotorPermanent Magnet Synchronous Motor
Power Output (RWD)125 kW (168 hp)Not Available168 kW (225 hp)Not Available
Power Output (AWD)Not Available74 kW + 165 kW (320 hp)Not Available74 kW + 165 kW (320 hp)
Torque (RWD)350 Nm (258 lb-ft)Not Available350 Nm (258 lb-ft)Not Available
Torque (AWD)Not Available605 Nm (446 lb-ft)Not Available605 Nm (446 lb-ft)
Battery TypeLithium IonLithium IonLithium IonLithium Ion
Battery Voltage522.7 Volts697 Volts697 Volts697 Volts
Battery Capacity58 kWh77.4 kWh77.4 kWh77.4 kWh
AC Level II Charging Time (10% to 100%)5 hours 50 minutes7 hours 10 minutes7 hours 10 minutes7 hours 10 minutes
DC Fast Charging Time (10% to 80%)18 minutes18 minutes18 minutes18 minutes
Battery Heating SystemStandardStandardStandardStandard
Source: Hyundai USA

B. Acceleration and top speed 

The 2024 Hyundai Ioniq 5 has a top speed of 115 mph. Meanwhile, here’s the Acceleration of the electric SUV depending on the trim level and drivetrain.

Trim Level (Drive Train)0-60 mph (secs)
SE, SEL, Limited (RWD)7.4
SE, SEL, Limited (AWD)4.5

C. Handling and ride quality 

The 2024 Hyundai Ioniq 5 has a good handling and ride quality balance, offering more grip and stability around corners. However, it does not offer the sharpest handling in its class.

As for the ride quality, it offers a firmer side but is not uncomfortable. It still absorbs bumps on the roads, enabling a smoother ride quality.

D. Braking performance 

Hyundai’s 2024 Ioniq 5 features traditional friction brakes, enabling more aggressive stopping situations. These responsive brakes work well with the car’s regenerative braking system.

E. Regenerative braking

The 2024 Hyundai Ioniq 5 comes with regenerative braking to control speed and recollect energy for the battery, a major factor in overall braking performance and efficiency.

5. Range, Charging, and Efficiency: 

A. EPA-estimated range and real-world range 

TrimBatteryEPA-estimated Range (miles)Car and Driver Real-World Range (estimate, miles)
SE Standard Range58.0 kWh220–
SE77.4 kWhNot Available–
SEL (AWD)77.4 kWh266210
Limited (AWD)77.4 kWh266210

B. Charging options and infrastructure 

TrimStandard ChargingDC Fast Charging
SE Standard Range, SE, SEL, LimitedLevel 2 AC (up to 10.9 kW)Up to 800V / 350 kW

C. Charging times for various charging levels (Level 1, Level 2, DC Fast Charging) 

Trim (Battery)Level 1 (120v)Level 2 (240v)DC Fast Charging (10-80%)
SE Standard Range (58.0 kWh)Not Available on Hyundai Website31 hours (estimated based on 58 kWh battery and 3.6 kW Level 1 charging rate)18 minutes
SE, SEL (RWD) (77.4 kWh)Not Available on Hyundai Website43 hours (estimated based on 77.4 kWh battery and 3.6 kW Level 1 charging rate)18 minutes
SEL, Limited (AWD) (77.4 kWh)Not Available on Hyundai Website43 hours (estimated based on 77.4 kWh battery and 3.6 kW Level 1 charging rate)18 minutes

D. Energy consumption and efficiency

TrimBatteryEPA-estimated MPGe
SE Standard Range58.0 kWhNot Available
SE, SEL (RWD)77.4 kWh132 MPGe city / 98 MPGe highway / 114 MPGe combined
SEL, Limited (AWD)77.4 kWh126 MPGe city / 89 MPGe highway / 107 MPGe combined

6. Infotainment and Connectivity: 

A. Dashboard and instrument cluster 

  • A dual-display infotainment setup with a 12.3-inch touchscreen and a customizable 12.3-inch digital gauge cluster
  • Minimal physical buttons

B. Infotainment system and features 

  • 12.3-inch infotainment screen
  • Apple CarPlay and Android Auto connectivity
  • Over-the-air updates
  • Head-Up Display (optional)
  • Augmented Reality Navigation
  • Voice recognition
  • Bluetooth connectivity
  • Navigation
  • Rear seat entertainment (optional)

C. Smartphone integration (Apple CarPlay, Android Auto) 

Hyundai’s 2024 Ioniq 5 supports Apple CarPlay and Android Auto integration.

D. Over-the-air software updates

Hyundai’s 2024 Ioniq 5 supports OTA software updates.

7. Safety and Driver Assistance: 

A. Driver assistance and safety systems (ADAS) 

Standard Features:

  • Forward Collision-Avoidance Assist (FCA) with Pedestrian Detection
  • Lane Departure Warning (LDW) with Lane Keeping Assist (LKA)
  • Blind-spot collision-avoidance Assist (BCA)
  • Driver Attention Warning (DAW)
  • High Beam Assist (HBA)
  • Rear Cross-Traffic Collision-Avoidance Assist (RCCA)

Optional Features (on higher trims):

  • Highway Driving Assist 2 (HDA 2)
  • Surround View Monitor
  • Parking Distance Warning (PDW)
  • Smart Cruise Control with Stop and Go

8. Reliability, Maintenance and Warranty: 

A. Reliability and build quality concerns 

Hyundai has not received any complaints about the Ioniq 5’s build quality. Recent reviews suggest the car has remarkable interior materials and overall fit and finish.

 B. Maintenance and service requirements 

IntervalService ItemsNotes
Every 6 months or 8,000 miles* Tire rotation * Brake inspection * Cabin air filter check * Coolant level checkRefer to owner’s manual for specific intervals and additional checks that might be needed depending on driving conditions.
Every 15,000 miles* AC refrigerant check * Brake hoses and suspension inspection * Transmission fluid inspection (if applicable)Additional checks may be recommended by your Hyundai dealer based on inspection findings.
Refer to owner’s manual* High voltage battery inspection * Reduction gear fluid inspection (on AWD models, typically at 48,000 miles) * Brake fluid replacement (typically at 48,000 miles or 3 years)Consult your Hyundai dealer or refer to the owner’s manual for specific intervals and instructions for these services.

C. Warranty Coverage and Options 

CoverageTermMilesDescription
New Vehicle Limited Warranty5 years/60,000 miles60,000 milesCovers repairs to most components due to manufacturer defects
Powertrain Limited Warranty10 years/100,000 miles100,000 milesCovers repairs to the engine, transmission, and drivetrain
Anti-Perforation Warranty7 years/Unlimited milesUnlimited milesCovers rust perforation from the inside out
24-Hour Roadside Assistance5 years/Unlimited milesUnlimited milesIncludes towing, jump starts, flat tire changes, and lockout assistance
Replacement Parts and Accessories Limited Warranty12 months/12,000 miles12,000 milesCovers replacement parts and accessories
Federal Emission Defect and Performance Warranty8 years/80,000 miles80,000 milesCovers repairs to emissions control systems required by federal regulations
California Emissions Control Systems Warranty (California only)7 years/70,000 miles70,000 milesCovers repairs to emissions control systems required by California regulations (applicable in California only)

D. Insurance costs and considerations

No available information.

E. Resale Value and Depreciation

No available information.

9. Comparison to Competitors: 

A. Comparison with competitors

The Kia EV6 is among the closest competitors of the 2024 Hyundai Ioniq 5 due to numerous factors, including their use of a similar platform and core features. Presented below is the comparison:

Category2024 Hyundai Ioniq 52024 Kia EV6
Starting MSRP$41,450$40,990 (slightly lower)
Range (EPA estimated)Up to 303 miles (RWD)Up to 310 miles (RWD) (slight edge)
Performance0-60 mph in 5.2 seconds (powerful)0-60 mph in 5.1 seconds (slightly quicker)
Cargo Space25.8 cu ft behind seats, 59.3 cu ft with seats folded24.2 cu ft behind seats, 57.8 cu ft with seats folded (slightly less)
Interior DesignBoxy, retro-futuristic themeSleeker, more curved design
Driver Assistance FeaturesSimilar suite of standard and available featuresSimilar suite of standard and available features
Warranty5-year/60,000-mile comprehensive warranty, 10-year/100,000-mile powertrain warrantySame warranty coverage

The 2024 Hyundai Ioniq 5 features a boxy retro-futuristic design, making it a head-turner model with a distinctive personality. It also has a spacious passenger and cargo space, making it ideal for families. However, it gained some complaints about its infotainment system, including its over complexity or slowness at times.

10. Variants and Pricing:

Available trims, Options, and Pricing

Trim LevelBatteryStarting MSRP
SE Standard Range58.0 kWhNot Listed
SE (RWD)77.4 kWh$40,950
SEL (RWD)77.4 kWh$45,750
SEL (AWD)77.4 kWh$48,250
Limited (AWD)77.4 kWh$52,450

The 2024 Hyundai Ioniq 5 can be a worthy investment, but it depends on your needs and priorities. It has a competitive range and efficiency, and it also offers a spacious and comfortable interior.

Hyundai - Ioniq 5
Hyundai - Ioniq 5
Hyundai - Ioniq 5
Hyundai – Ioniq 5
Hyundai-Electric Car-IONIQ 5
Hyundai-Electric Car-IONIQ 5
EV-a2z-Hyundai-IONIQ5-Charger
EV-a2z-Hyundai-IONIQ5-Charger
Jakarta,,Indonesia,,April,2022.,A,Hyundai,Ioniq,5,Electric,Car
Jakarta,,Indonesia,,April,2022.,A,Hyundai,Ioniq,5,Electric,Car
Hyundai-electric-vehicle-Ioniq5-equipped-with-LIDAR-for-autonomous-driving.-Filmed-on-December-3-2021-at-Kintex-2021-Seoul-Mobility-Show-Goyang-si-Gyeonggi-do.
Hyundai-electric-vehicle-Ioniq5-equipped-with-LIDAR-for-autonomous-driving.-Filmed-on-December-3-2021-at-Kintex-2021-Seoul-Mobility-Show-Goyang-si-Gyeonggi-do.
Hyundai IONIQ 5 in EV Autoshow at Sydney Showground
Hyundai IONIQ 5 in EV Autoshow at Sydney Showground

11. Conclusion: 

Overall, the 2024 Hyundai Ioniq 5 is an enticing electric SUV. It has attractive retro-futuristic appearance, spacious interior, excellent driving range, and a wide range of technologies. Therefore, it is undoubtedly a good buy.

Buying the 2024 Hyundai Ioniq 5 depends on the customers’ needs and priorities. For buyers who are budget-conscious, the electric SUV offers a lower-priced trim with a smaller battery, enough for shorter commutes.

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TAGGED: Electric Vehicle, EV, Hyundai, Hyundai Ioniq 5, Pricing, specifications
EV-a2zm July 30, 2024 July 30, 2024
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