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I drove electric SUVs from Tesla and Hyundai — and I'd pick the $41,000 Ioniq 5 for its super-fast charging and futuristic looks

Oct 25, 2022, 01:25 IST
Business Insider
The Tesla Model Y (top) and Hyundai Ioniq 5.Tim Levin/Insider
  • I tested the Tesla Model Y and Hyundai Ioniq 5 to see how the two popular electric SUVs compare.
  • The Model Y delivers lots of cargo space, quick acceleration, and big, iPad-like touchscreen.
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Tesla got Americans interested in electric cars. But it's far from the only option now that the world's carmakers are getting serious about electrification.

One of the hottest battery-powered rides not sold by Elon Musk is the Hyundai Ioniq 5 SUV. It offers many of the same appeals of a Tesla — a minimalist interior, impressive driving range, and advanced technology — in a stunning, cyberpunk package.

How does the newcomer compare to Tesla's popular Model Y? I drove both SUVs to find out.

Which is cheaper?

The 2022 Hyundai Ioniq 5 Limited AWD.Tim Levin/Insider

The Hyundai starts at $41,450 for the 2023 model, compared to $65,990 for the Tesla.

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Choosing an Ioniq 5 with a fancier trim and optional all-wheel drive bumps the price closer to Tesla levels. The 2022 Limited AWD model I tested cost $56,000.

Tesla has one big advantage: Since it sells direct-to-consumer without dealerships, the price you see online is the price you pay.

What about range?

The Tesla Model Y.Tim Levin/Insider

The Model Y earns a strong range rating of 330 miles. That's with battery-draining all-wheel drive as standard.

The Ioniq 5 isn't far off, with estimates spanning from 220 miles for the cheapest model to 303 miles for one with a larger battery and rear-wheel drive. All-wheel-drive models split the difference with 256 miles.

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How fast do they charge?

The 2022 Hyundai Ioniq 5 charges at an Electrify America fast charging station.Tim Levin/Insider

The Ioniq 5 can use powerful, 350-kilowatt fast-charging stations to recharge from 10%-80% in 18 minutes. That's huge for road trips, provided you can find a plug.

The same top-up would take the Y 30 minutes. But Tesla owners get access to the company's extensive Supercharger network, which makes filling up seamless.

How do they drive?

The Tesla Model Y.Tim Levin/Insider

The Model Y's snappy steering and thrilling acceleration will spice up a commute. The Hyundai isn't as exciting, but it's still quick and makes light work out of highway merges (in all-wheel-drive guise). It rides more comfortably than the stiff Tesla.

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What about interior space?

The 2022 Hyundai Ioniq 5.Tim Levin/Insider

Building a vehicle from scratch without a transmission, engine, and gas tank allowed Tesla and Hyundai to offer flat floors, extra cargo space, and clever features.

The 2022 Hyundai Ioniq 5.Tim Levin/Insider

A highlight in the Hyundai's open and uncluttered cabin: You can slide the center console backward to free up floor space for a backpack. The Tesla is more spacious overall, aided by a front trunk and a massive under-floor bin in back.

Both embrace the minimalist, techy look that Tesla pioneered, but the Hyundai delivers more physical controls and less screen.

The Tesla Model Y.Tim Levin/Insider

How does tech compare?

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The Tesla Model Y.Tim Levin/Insider

Teslas have been called smartphones on wheels ad nauseam, but that's the best way to describe them.

The Model Y's 15-inch touchscreen controls everything from the windshield wipers to the glove box while offering cool extras like games, Netflix, and the ability to blast music outside the car. A sleek app lets owners monitor their car remotely and use their phone as a key.

The Tesla Model Y.Tim Levin/Insider

Tesla dispenses with basically all conventional buttons, which may repel some buyers.

The Ioniq 5 is also tech-forward, featuring two 12-inch screens and, optionally, a head-up display projected onto the windshield. It has two household outlets for charging laptops or powering a campsite.

The 2022 Hyundai Ioniq 5.Tim Levin/Insider

Verdict

There isn't an objective winner here. Both are excellent options for buyers with different priorities.

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I'd choose the Hyundai because it charges remarkably quickly and nearly matches the Tesla's range, but starts at a more affordable price. Plus, it feels cutting-edge without cramming too many basic functions into touchscreen menus. Stunning, retrofuturistic looks help the Ioniq 5's cause.

Still, buyers who prefer iPhone-level tech, sporty driving characteristics, a bigger interior, and the awesome Supercharger network will be right at home in a Model Y.

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