Hyundai is one of the largest automakers out there which means that they have been around for quite a while now. A few years ago, they joined the electric car market and immediately started rivaling Tesla across the board. Even though Tesla is still an EV brand with record-breaking popularity, Hyundai is making moves.
The Hyundai Ioniq 5 is one of the most interesting and well-rounded electric cars on sale today because it offers great design, good performance, great practicality, good reliability, is not too expensive, and has everything you’d expect from a 2022 electric car. As such, the Ioniq 5 became an instant hit the moment it reached the market.
On the other hand, the Tesla Model Y represents a more practical and crossover-ish take on the existing Tesla Model 3 which is no bad thing as the Model 3 is one of the best EVs of all time. In this article, we are going to compare the Hyundai Ioniq5 vs Tesla Model Y and tell you how these two EVs compare against each other.
So, if you are in the market for a family EV that offers huge functionality and one that isn’t going to break the bank, stick around and find out which one of these two suits your needs better.
Hyundai Ioniq 5 vs Tesla Model Y – The Powertrain
The Ioniq 5 comes in two battery sizes, a smaller 58kWh battery or a larger 77kWh battery. The smaller battery model offers either 185hp or 225hp and is powered by a single motor driving the rear wheels at all times. The larger 77kWh battery model can be had in single motor form with 225hp and a permanent rear-wheel-drive system or a dual-motor configuration for a combined output of 320hp and AWD.
As far as range is concerned, the Ioniq 5 will offer you between 220 miles and 303 miles for the top-spec 77kWh model with a single engine. Charing is capped at 350kW which means that you can recharge the Ioniq 5 in a little under 20 minutes. The Model Y comes with either a 75kWh battery or a larger 81kWh battery.
Short-range models can do around 280 miles while long-range models can do 330 miles max. The maximum rapid charging rate is 250kW which means that you can recharge the Model Y in about 30 minutes or so. Horsepower-wise, the Model Y offers between 280hp and 480hp depending on the model, and AWD is standard for long-range and Performance models.
Hyundai Ioniq 5 vs Tesla Model Y – Design and Driving
Design-wise, the Hyundai Ioniq 5 takes cues from the past and the future as it looks boxy, but sculpted. With its pixelated light touches, Cyberpunk wheels, and crossover look, the Ioniq 5 looks authentic and cool. The Model Y is not as good-looking as the Ioniq 5 because it looks a bit bloated. The interiors of both are well-designed, but the Ioniq 5 looks more like a regular car.
The driving experience is where these two share quite a few similarities when it comes to comfort and isolation. However, the Model Y is the more dynamic car in Performance trim and is surely the one to get if you like performance driving.
Hyundai Ioniq 5 vs Tesla Model Y – Technology
With Apple CarPlay, dual-zone A/C, heated seats, and Android Auto, the Ioniq 5 is well equipped from the factory, but higher-end Limited versions feature a huge panoramic roof, a cool-looking HUD, and a sophisticated Bose surround sound. You get two large 12-inch screens that house everything you need with many driver assistance systems.
The Model Y, on the other hand, is a lot more spartan with its single 15-inch center screen that controls everything there is to be controlled with the Model Y. You can watch Netflix and Youtube in the Tesla and the Tesla can drive by itself. However, you still don’t get Android Auto or Apple CarPlay. Optional equipment is scarce, but that’s because the Model Y gets more of everything from standard.
Hyundai Ioniq 5 vs Tesla Model Y – Practicality
The Hyundai Ioniq 5 offers 106.5 cubic feet of interior room which includes 27.2 cubic feet of trunk space. If you fold the seats down, you will have 60 cubic feet of space which certainly is amazing. The Model Y does give you the ability to go for the third row of seats, but those 3rd row seats are so small it’s not even worth it.
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Even though the Ioniq 5 offers a lot of trunk space, the Model Y offers even more at 30 cubic feet plus the 4.1 cubic feet in the front. As far as seating space for the first two rows is concerned, the Ioniq 5 takes it, but not by much.
Hyundai Ioniq 5 vs Tesla Model Y – Price
You can expect to pay between $41,000 and $53,000 for the Ioniq 5 whereas the small-battery SE models cost the cheapest. The top-spec Limited is rated at around $53,000 and it gets all you need. AWD costs $3,000 – $4,000 extra, but it is a worthy upgrade.
The Model Y starts at $62,000 while top-end models go for $72,000 which is a lot more expensive than the Ioniq 5. It’s also worth mentioning that the Ioniq 5 offers better warranty coverage across the board.
The sheer ease of use, popularity, performance, charging, and practicality make the Model Y better than the Ioniq 5. However, the Ioniq 5 is cheaper and thus gives you more value across the board. Both are great EVs which means that you really can’t make a wrong decision here.
How long is the waitlist for the Tesla Model Y?
It is reported that Tesla is making around 3,000 Model Y models every week which means that the waiting times shouldn’t be as problematic as with many other EVs. That is indeed true because you will have to way around six to 10 weeks for a Model Y which is not bad at all.
How long is the wait list for the Hyundai Ioniq 5?
According to recent developments, you will have to wait around 6 months to a year if you want the Ioniq 5, but Hyundai is set to speed up the production of all Ioniq models as the Ioniq 6 market debut is around the corner and the Ioniq 7 is also soon to be revealed.
Is the Tesla Model Y safer than the Hyundai Ioniq 5?
Both the Model Y and the Ioniq 5 are IIHS Top Safety Pick + cars which means that these have passed all IIHS tests with flying colors. As such, no matter which one you go for, safety is never going to be an issue.