The Tesla Model Y is widely seen as the benchmark for the segment, but with a series of price hikes this year it now starts over $60,000—well beyond what a top-trim Ioniq 5 costs.
Arriving in 2022, the Nissan Ariya will debut a second generation of Nissan EV technology and include a performance-oriented all-wheel-drive option.
VW’s ID.4 is the first of new generation of EVs built on an MEB platform for affordable EVs, but it doesn’t charge as quickly or wring as many miles out of its energy as the Ioniq 5.
The Ford Mustang Mach-E offers a sportier driving experience and a lower, more Mustang-like driving position, but its interior is more cramped.
The Kia EV6 is a cousin to the Ioniq 5, and thanks to a more aerodynamic design it beats the Hyundai in range.
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 2023 Hyundai Ioniq 5#1 in Compact Cars |  2022 Ford Mustang Mach-E#1 in Mid-Size SUVs Get Your Price |  2022 Kia EV6#2 in Compact Cars Get Your Price |  2022 Volkswagen ID.4#3 in Compact Cars Get Your Price |  2022 Tesla Model Y#4 in Luxury Mid-Size Cars Get Your Price |
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| Quick Specs | ||||
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The 2023 Hyundai Ioniq 5 is a cutting-edge electric car with a clever sense of style and excellent performance. |
The 2022 Ford Mustang Mach-E gives the electric crossover good looks and agility. |
The 2022 EV6 flexes all the strengths of electric vehicles in a package that’s as thrilling to drive as it is to look at. |
The 2022 Volkswagen ID.4 makes for an easy transition to fully electric, at a strong value for the money, but some of its interior interfaces backfire. |
The 2022 Model Y offers range and performance that EV competitors can’t match, albeit at a higher price point. |
| MSRP From | ||||
| Coming Soon | $43,895 | $41,400 | $41,230 | $65,990 |
| Gas Mileage | ||||
| Coming Soon MPG City / Coming Soon MPG Hwy | Coming Soon MPG City / Coming Soon MPG Hwy | Coming Soon MPG City / Coming Soon MPG Hwy | Coming Soon MPG City / Coming Soon MPG Hwy | Coming Soon MPG City / Coming Soon MPG Hwy |
| Engine | ||||
| N/A | Electric | Electric | Electric | Electric |
| EPA Class | ||||
| N/A | Small Station Wagons | Midsize Station Wagons | Small SUV 2WD | Small SUV 4WD |
| Style Name | ||||
| N/A | Select RWD | Light RWD | Pro RWD | Long Range AWD |
| Drivetrain | ||||
| N/A | Rear Wheel Drive | Rear Wheel Drive | Rear Wheel Drive | All Wheel Drive |
| Passenger Capacity | ||||
| N/A | 5 | 5 | 5 | 5 |
| Passenger Doors | ||||
| N/A | N/A | N/A | N/A | N/A |
| Body Style | ||||
| N/A | Sport Utility | Sport Utility | Sport Utility | AWD Sport Utility |
| Transmission | ||||
| N/A | Automatic | Automatic | Automatic | Automatic |
| Detailed Spec Comparison | ||||
| 2023 Hyundai Ioniq 5 vs. 2022 Ford Mustang Mach-E | 2023 Hyundai Ioniq 5 vs. 2022 Kia EV6 | 2023 Hyundai Ioniq 5 vs. 2022 Volkswagen ID.4 | 2023 Hyundai Ioniq 5 vs. 2022 Tesla Model Y | |
