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The price of entry to Tesla Model Y ownership is a bit higher. Hyundai offers complimentary scheduled maintenance for the first three years or 36,000 miles you own an Ioniq 5. Additionally, the Ioniq 5 Limited is available with digital key technology that enables you to use your smartphone to access and drive the vehicle. Features include everything from remote locking and engine start to automatic collision notification, rapid access to roadside help, geofencing for less trusted drivers, and stolen-vehicle recovery. Hyundai provides three years of complimentary Blue Link connected services on all Ioniq 5 trims. To get the dual-motor AWD setup, you'll need to pay $3,500-$3,900 extra, depending on the trim. The SE Standard Range comes with a single electric motor that drives the rear wheels only, while the other three trims are available in either rear-wheel drive (RWD) or dual-motor all-wheel drive ( AWD). Supply, however, is extremely limited, so you'll want to keep in touch with your local Hyundai retailer for updates on its availability.Ī 5-passenger midsize crossover SUV, the 2022 Hyundai Ioniq 5 comes in four trim levels: SE Standard Range, SE, SEL, and Limited.
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All 2022 Hyundai Ioniq 5 SUVs qualify for a $7,500 federal tax credit. 2022 Tesla Model Y comparison will help you understand the nuances of each.Ĭonsumers will find that 2022 Hyundai Ioniq 5 pricing ranges from $41,245 to $52,395, including the $1,295 destination charge. What do these two electric crossovers have in common? Perhaps more importantly, what are their differences? If you're in the market for a new electric crossover, this 2022 Hyundai Ioniq 5 vs. A perfect example of this cross-shopping is the Hyundai Ioniq 5 and the Tesla Model Y. Tesla, meanwhile, is the EV sales leader and earns the lion's share of media coverage, due in no small part to the antics of its ever-quotable and sometimes controversial CEO.Īlso consider that in the rapidly expanding EV market, where badges don't seem to matter as much as they do for traditional, gasoline-powered vehicles, mass-market brands can and do compete with luxury nameplates. Despite its newness, the 2022 Hyundai Ioniq 5 already has an impressive resume, having earned three trophies at the 2022 World Car Awards (World Car of the Year, World Car Design of the Year, and World Electric Vehicle of the Year). With the launch of its first-ever, dedicated all-electric model-the Ioniq 5 midsize crossover SUV-Hyundai joins a burgeoning EV marketplace currently dominated by Tesla. Indeed, the differences between these two automakers and their products are quite evident.ĭespite their differences, Hyundai and Tesla do share some common ground. Tesla, the all-American luxury electric-vehicle ( EV) maker led by enigmatic CEO Elon Musk, is the current EV market leader despite offering just four all-electric models for sale in the United States. Hyundai, the value-focused Korean automaker that burst onto the scene in 1986 with the affordable but not-so-great Excel subcompact, offers a complete line of car, truck, and SUV models at affordable prices backed by an outstanding warranty. On the surface, Hyundai and Tesla seem to have very little in common.