2024 Hyundai IONIQ 5 Review: Key Features, Performance And Price

2024 Hyundai Ioniq 5 Front View

The 2024 Hyundai Ioniq 5 is among the most impressive electric vehicles on the market. Unlike the Toyota bZ4X, the new Ioniq 5 electric SUV offers long-range, fast-charging capabilities, and advanced tech features. One of the Ioniq 5’s selling points is the best-in-class warranty, which includes a 5-year/60,000-mile basic and a 10-year/100,000-mile powertrain warranty coverage. The Ioniq 5 is mechanically similar to the Kia EV6, so expect a comparable performance. The 2024 Ioniq 5 comes in a Single-Motor RWD standard guise with a 58-kWh battery. The bigger 77.4-kWh battery is available in the Single Motor RWD SE and the Dual-Motor AWD models. Our 2024 Hyundai Ioniq 5 review covers everything you should know about the SUV, including the specs, driving impressions, and features. 

Highlights of the 2024 Ioniq 5 include the 12.3-inch touchscreen, 303-mile driving range, and the top Disney100 Platinum Edition Trim. Pricing for the latest Ioniq 5 EV starts at $41,800 for the base SE Standard Range Trim, going up to $60,775 for the famous Disney100 Platinum Edition Trim. In a market where many EVs still have kinks to work out, the Ioniq 5 stands out for doing almost everything well.

Here’s our 2024 Hyundai Ioniq 5 review.

Overview Of The Ioniq 5 

As the electric vehicles universe continues to expand, some EVs are still working out kinks. While some new electric cars may compromise on interior space, performance, or range, the 2024 Hyundai Ioniq 5 is one EV that does almost everything well. There are lots of tech features, like the standard 12.3-inch touchscreen and customizable digital gauge cluster. The 2024 Ioniq 5 offers up to 303 miles of range and supports DC fast charging, allowing it to charge from 10% to 80% in just 18 minutes. 

It also carries an outstanding Hyundai warranty. The main competitors to the Ioniq 5 are the Nissan Ariya, Toyota bZ4X, and the mechanically similar Kia EV6. The fuel economy of the 2024 Ioniq 5 ranges from 110.5 MPGe combined in the Single Motor RWD Standard Range to 101.5 combined in the Dual-motor AWD models. 

Hyundai recently announced a high-performance Hyundai Ioniq 5 N, which will join the electrified lineup in 2025. The upcoming Hyundai Ioniq 5 N will have an estimated 600 hp for high-performance driving. 

Pros And Cons Of The 2024 Ioniq 5

The new Hyundai Ioniq 5 has its strengths and weaknesses. We’ve covered them below. 

Pros

  • Long Range
  • Quick Charging
  • High-Tech Interior
  • Outstanding Warranty

Cons

  • Upper Trims Get Expensive
  • Small Front Trunk

What’s New For The 2024 Hyundai Ioniq 5?

There are a lot of changes in the new electric SUV. For the 2024 model year, the Hyundai Ioniq 5 adds more safety features, such as additional airbags, rear seatbelt pre-tensioners, and a haptic feedback steering wheel.

The Wi-Fi Hotspot is now standard across all new Ioniq 5 SUV trims. This allows you to stay connected on the go.

Most importantly, the 2024 Hyundai Ioniq 5 now comes with a Digital Rearview Mirror for the Limited trim level. This provides extra visibility. 

2024 Hyundai Ioniq 5 Pricing and Trim Levels

The 2024 Hyundai Ioniq 5 starts at $43,175 for the base SE Standard Range model and goes up to $60,775 for the Disney100 Platinum Edition. 

Here’s a breakdown of the pricing:

Hyundai Ioniq 5 Trim LevelsMSRP Price Tag
2024 Ioniq 5 SE Standard Range Trim$43,175
2024 Ioniq 5 SE Trim$47,225
2024 Ioniq 5 SEL Trim $48,775
2024 Ioniq 5 Limited Trim$54,875
2024 Ioniq 5 Disney100 Platinum Edition Trim$60,775

Handsome Exterior Design

The 2024 Hyundai Ioniq 5 has a sleek yet subtle exterior design, with a futuristic light signature. At first impression, the design didn’t seem as flashy as some other EVs. 

The Ioniq 5 has a more composed and conversative design, making it ideal for drivers who prefer a more understated look. The 2024 Ioniq 5’s dimensions match compact electric SUVs like the Nissan Ariya and Toyota bZ4X, which you can read about here.

High-Tech Interior

The interior of the Ioniq 5 is a blend of modern and futuristic design with a minimalist feel. High-quality materials, ample passenger space, and user-friendly tech features make it a comfortable and practical choice. The cargo space is average for an SUV of this size, and there is a small front trunk for extra storage.

Engine and Transmission

The 2024 Hyundai Ioniq 5 offers various powertrain options: The SUV comes with one or two motors. The Ioniq 5 versions with the Single-motor have a rear-wheel drive (RWD) and are available with two different batteries. The dual-motor Hyundai Ioniq 5 models have a big battery, along with an all-wheel drive (AWD).

The 2024 Ioniq 5 Single-Motor RWD Standard Range has a 58-kWh battery and a 168-hp powertrain setup, with a 220-mile driving range. The Single Motor RWD Hyundai Ioniq 5 models have a bigger 77.4-kWh battery, a 225 hp powertrain, and 303 miles of driving range. On the other hand, the 2024 Ioniq 5 Dual-Motor AWD models have a 77.4-kWh battery, and a 320 hp powertrain, offering up to 266 miles of range.

Breakdown of the 2024 Ioniq 5 Specifications, battery, Power Output and Driving range.

DRIVETRAINBATTERYHORSEPOWERTORQUEFUEL ECONOMYDRIVING RANGE
Single Motor RWD Standard Range58-kWh battery168 horsepower258 lb-ft of torque127 MPGe city and 94 MPGe highway220 miles EPA-estimated range 
Single-motor RWD77.4-kWh battery225 horsepower258 lb-ft of torque132 MPGe city and 98 MPGe highway303 miles EPA-estimated range 
Dual-motor AWD77.4-kWh battery320 horsepower (Estimated 600 hp in Ioniq 5 N)446 lb-ft of torque113 MPGe city and 90 MPGe highway266 miles EPA-estimated range

Driving Experience

On the road, the 2024 Hyundai Ioniq 5 offers a smooth and comfortable driving experience. I particularly love the quick acceleration, thanks to the responsive electric torque. The ride quality is composed, engaging, and fun. While the Single-Motor versions are great for city driving, the dual-motor setup provides more power and torque. This 2024 Ioniq 5 EV is a great choice for those transitioning from gas to electric, thanks to its user-friendly nature and agreeable driving character.

12.3-inch Infotainment System Touchscreen

The 2024 Hyundai Ioniq 5 has a standard 12.3-inch infotainment touchscreen system, which offers Android Auto and Apple CarPlay. The graphics are crisp and surreal, like a 6K display. The touchscreen provides good feedback and the infotainment system has a user-friendly interface. 

Sitting beside the infotainment touchscreen is a customizable 12.3-inch digital gauge cluster, making for a high-tech interior. 

Best Features Of The 2024 Hyundai Ioniq 5

1. Up to 303 Miles of Range: The impressive range makes the 2024 Ioniq 5 practical for a wide range of drivers.

2. DC Fast Charging: The 2024 Ioniq 5 offers quick charging capabilities.

3. Remote Smart Parking Assist: Like the digital rearview mirror, the Remote Smart Parking is available on the Limited trim. You can park your Ioniq 5 remotely using a key fob.

4. 12.3-inch Touchscreen: Standard on all trims, the new infotainment touchscreen includes Android Auto and Apple CarPlay.

5. Highway Driving Assist: This semi-autonomous system enhances highway driving with adaptive cruise control and lane-keeping assist.

DC fast charging

With DC fast charging, the 2024 Ioniq 5 can charge from 10% to 80% in as little as 18 minutes.

Remote Smart Parking Assist

The Limited trim gets all the cool stuff, like this feature that allows drivers to inch their Ioniq 5 into or out of a parking space using a remote control while standing outside of the vehicle!

Hyundai SmartSense Safety Tech

The 2024 Ioniq 5 comes with Hyundai SmartSense safety features, including automatic emergency braking, blind-spot monitoring, and a lane-keep assist.  

The new Ioniq 5 SUV has a special Highway Driving Assist system. As a semi-autonomous driving system, the Highway assist system uses features like adaptive cruise control, lane-keep assist, and blind-spot monitoring to assist in highway driving.

5-Year/60,000-Mile Warranty

The Hyundai Ioniq 5 comes with a warranty that matches the EV6. The 2024 Ioniq 5 is covered by a 5-year/60,000-mile basic warranty and a 10-year/100,000-mile powertrain warranty.

Verdict Hyundai Ioniq 5 2024

The 2024 Hyundai Ioniq 5 is a top contender in the electric vehicle market. At best, the electric SUV offers 303 miles of driving range, quick charging, a high-tech interior, and an outstanding warranty. Sure, higher trims are expensive and the front trunk is smaller than that of its competitors. But, the 2024 Hyundai Ioniq 5 has a sleek design and user-friendly features that make it a practical and stylish choice. It also offers a Remote Smart Parking Assist, which is one of the SUV’s best features in 2024. Its sleek design and user-friendly features make it a practical and stylish choice.

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