Review - 2024 Hyundai IONIQ 5

By Alexi Falson on 10 May 2024
image for Review - 2024 Hyundai IONIQ 5
OnlineAuto Rating
out of 10
  • Smooth and relaxing to drive
  • Super spacious and practical interior layout
  • Jam-packed safety equipment list, even in base model
  • Long service intervals
  • Small battery pack and range figures in base model
  • No wireless Apple CarPlay & Android Auto, yet
  • Heavy when pushed in the corners
Hyundai Ioniq 5 2WD (58.0kWh) Specs
    • 0
    • 0
    • 0 / 0
    • 5 star
    • Automatic
Hyundai’s battery-electric SUV, the IONIQ 5, is set to play a key role in the company’s electric vehicle expansion plans.

A few years after its launch, Hyundai has added a more affordable variant to the IONIQ 5 range in hopes it can get families to make the switch to its versatile, funky and futuristic electric SUV.

Just how well does it perform, then, and how strong of an argument does the IONIQ 5 make to Australians looking for a capable battery-electric SUV? Let’s take a closer look to find out.

Hyundai IONIQ 5 Competition

Hyundai IONIQ 5

Tesla Model Y
Kia EV6
Polestar 2
Volvo XC40
Genesis GV60
Ford Mustang Mach-E
Volvo C40
Mercedes-Benz EQA
Polestar 3

How Much Does It Cost?

Prices for the entry-level Hyundai IONIQ 5 Standard Range RWD start at $65,000.

From here, the range moves to the IONIQ 5 Extended Range RWD which is priced at $71,000, while the Extended Range RWD Dynamic is priced at $76,000 and the Extended Range RWD Epiq is priced at $79,500.

Opting for the IONIQ 5 Extended Range AWD Dynamiq brings the price to $80,500 while the range-topping IONIQ 5 Extended Range AWD Epiq is priced at $84,000.

Keep in mind that these prices are subject to change and do not include on-road costs. 

How Much Can OnlineAuto Save You?

You could save money by using one of OnlineAuto’s car agents to assist you in finding the best car for you. As one of the leading car buying services in Australia, our team have access to a range of dealerships across the country to help find you the best deal.

Hyundai IONIQ 5 - 2WD (58.0kWh) Specifications

Model Date 2024
Model IONIQ 5
Series NE.V4 MY24 UPDATE
Variant IONIQ 5 2WD (58.0kWh)
Fuel type ELECTRIC
Transmission 1 SP AUTOMATIC
Drive RWD
Engine ELEC
Engine capacity 0
Engine configuration NOT APPLICABLE / 0 valves
Engine RPM 0 / 0
Cylinders -
Torque 350
KW 125
Fuel tank size 0.0
Fuel usage specs 0.0 / 0
CO2 0
ANCAP security rating 5

What Features & Specs Does the Hyundai IONIQ 5 Have?

Hyundai’s entry-level IONIQ 5 comes riding on 19-inch alloys and receives automatic LED headlights, wool, yarn and leather upholstery, dual-zone climate control, adaptive cruise control, a surround-view camera with front & rear parking sensors, a 12.3-inch digital instrument cluster, wireless phone charger, vehicle-to-load (V2L) charging and an energy-efficient heat pump.

Stepping up to the IONIQ 5 Dynamiq range adds 20-inch alloys with leather upholstery and heated seats, a sliding centre console, a head-up display with augmented reality and rear privacy glass.

Hyundai’s range-topping IONIQ 5 Epiq variants pick up upgraded lay-flat front seats with ventilation, heated rear seats, a heated steering wheel, power-sliding rear seats, a panoramic sunroof.

2024 hyundai ioniq 5 interior

Connectivity & Infotainment Features

All members of the Hyundai IONIQ 5 range come packaged with a 12.3-inch touchscreen infotainment system sitting atop the dashboard that offers satellite navigation and Bluetooth connectivity.

Upgrading to the IONIQ 5 Dynamiq adds an upgraded eight-speaker sound system from Bose.

There’s also a pair of USB-A ports in the front of the cabin, with another two USB ports sitting in front of the second row.

Does the Hyundai IONIQ 5 Have Wireless Apple CarPlay & Android Auto?

For now, Hyundai’s 12.3-inch infotainment system does not offer wireless Apple CarPlay & Android Auto connectivity, instead requiring passengers to connect their device via a USB cord to access Apple CarPlay & Android Auto on the move.

2024 hyundai ioniq 5 dash

This is likely to change in the future, as Hyundai’s over-the-air software updates may actually unlock wireless Apple CarPlay & Android Auto connectivity, though for now, you’ll have to make do with a wired connection.

Is the IONIQ 5 Comfortable to Drive?

Hyundai has done a great job in making its battery-electric SUV package both user-friendly for drivers new to EVs and remarkably smooth on the road.

The base Standard Range RWD picks up an electric motor at the rear producing 125kW of power and 350Nm of torque, while the Extended Range gets a slight power increase up to 168kW of power and 350Nm of torque.

Acceleration in both is very healthy thanks to the instant response from the electric motor and the IONIQ 5’s smooth pick-up off the line.

2024 hyundai ioniq 5 wheel

Step up to the Extended Range AWD and you’ll pick up a dual motor setup pushing out a massive 239kW of power and 605Nm of torque, giving it sports car acceleration in the same smooth, near-silent package.

Around town, the IONIQ 5 is remarkably well-behaved, offering a lightweight steering rack that is easy to twirl as you dart through traffic and squeeze into a car park.

In spite of its weight, the IONIQ 5’s ride quality is super refined around town while offering some decent support over moderate bumps in the urban jungle.

The IONIQ 5’s clever regenerative braking system can be calibrated four ways, offering different levels of braking as you ease off the throttle and the bonus of one-pedal driving which makes commuting a more enjoyable task.

Picking up the pace to highway speeds leaves the IONIQ 5 unphased, with its smooth near-silent driving making for a wonderful long-distance tourer, even on some rougher Australian roads.

2024 hyundai ioniq 5 off-road

All up, the IONIQ 5 is a fabulous electric SUV that manages to feel both familiar and futuristic on a mix of town and county driving.

How Far Can the IONIQ 5 Drive on a Single Charge?

Hyundai offers the IONIQ 5 range with a 53kWh lithium-ion battery pack in the Standard Range base model, increasing up to 77.4kWh in the case of Extended Range RWD and AWD variants.

  • IONIQ 5 Standard Range RWD: 384km

  • IONIQ 5 Extended Range RWD: 507km

  • IONIQ 5 Extended Range AWD: 476km

If the largest driving range per charge is your primary concern, we’d recommend you give the Extended Range RWD variant a closer inspection which picks up the larger of the two battery pack but isn’t burdened with powering two electric motors.

2024 hyundai ioniq 5 side

How Fast Can the IONIQ 5’s Battery be Charged?

All members of the IONIQ 5 range can be DC fast-charged at speeds up to 230kW while charing with a public DC fast-charger.

With access to that 350kW DC fast charger, you can bring the IONIQ 5’s battery from 10-80 per cent in a claimed 18 minutes.

Is it Practical and Spacious?

The great thing about the IONIQ 5’s electric architecture sitting underneath is the space and practicality bonuses on offer inside the cabin.

The layout is remarkably clean and uncrowded while remaining familiar to the company’s more conventional vehicle designs that makes it easy to get acquainted with.

Up front, interior headspace and visibility are excellent thanks to the lofty roofline, with the IONIQ 5 proving a very accommodating electric SUV option for tall drivers.

Hyundai has outdone itself when it comes to clever packaging for the IONIQ 5’s centre console, which offers plenty of storage options for loose items that families can accumulate.

There’s an open space between the driver and front passenger with a clever sliding centre console in select variants, a pair of cupholders, added storage inside the folding armrest, a clever retractable glovebox design and massive door bins on either side of the cabin.

Move to the rear and there’s a great deal of legroom for adults to get comfortable, meaning you’re unlikely to hear any complaints from kids sitting in the back of the IONIQ 5.

On that note, the IONIQ 5 picks up the usual pair of ISOFIX anchors and three top tether mounts for a range of child seats, making it a genuinely family-friendly SUV package.

How Big is the Hyundai IONIQ 5’s Boot?

Thanks to its unique battery-electric architecture, the Hyundai IONIQ 5 offers two boots, the largest of which sits in the rearmost of the cabin and offers 527L of cargo space.

The IONIQ 5 RWD has a larger front boot that measures 57L, bringing its total combined boot space figures to 584L.

The IONIQ 5 AWD has a smaller 25L front boot for a combined 552L worth of boot space.

Is it Safe?

The Hyundai IONIQ 5 range comes jam-packed with a long list of active safety equipment, with even the base model receiving the full range of clever safety tech.

As standard, the IONIQ 5 range is packaged with forward and rear autonomous emergency braking with vehicle, pedestrian and cyclist detection, as well as junction and crossing assist, lane-change and evasive steering assist.

There’s also adaptive cruise control, blind-spot monitoring, lane-keep assist with lane-centring, a surround-view monitor with front & rear parking sensors, safe exit assist, tyre pressure monitoring, driver attention alerts and seven airbags.

2024 hyundai ioniq 5 rear

Does the Hyundai IONIQ 5 Have an ANCAP Safety Rating?

The Hyundai IONIQ 5 range has picked up a very appropriate five-star ANCAP safety rating after testing 2021 where it scored the following marks.

  • Adult Occupant Protection: 88%

  • Child Occupant Protection: 87%

  • Vulnerable Road User Protection: 63%

  • Safety Assist: 89%

What Warranty Does the Hyundai IONIQ 5 Come With?

Hyundai offers the IONIQ 5 range with a five-year/unlimited-kilometre factory warranty.

There is also an eight-year/160,000-kilometre warranty for the battery and high-voltage components.

Hyundai offers capped-price servicing for the first three visits, with service intervals set at a particularly lengthy 24 months or 30,000-kilometres, whichever elapses first.

Our Verdict: Is the Hyundai IONIQ 5 Worth it?

Hyundai has done a fabulous job with the IONIQ 5 range, offering a futuristic SUV package that is family-friendly and remarkably smooth on a mix of Australian roads.

Thanks to a recent shuffle in the lineup, there’s an even more affordable entry-point into the IONIQ 5 range, which means if you’re looking to make the switch, there’s never been a better time to test Hyundai’s family-friendly EV.

2024 hyundai ioniq 5 front

On that note, if you’re looking to upgrade to a new car, be sure to reach out to one of our car-buying experts who can help find you the best possible price. 

Five Hyundai IONIQ 5 Specs You Need to Know

  1. Five-year/unlimited-kilometre warranty

  2. Eight-year/160,000-kilometre battery warranty

  3. 384 - 507km driving range

  4. 10-80 per cent charge in 18-minutes with DC fast-charger \

  5. 750 - 1500kg braked towing capacity


Alexi Falson

Alexi is an automotive journalist and road tester hailing from Byron Bay. He has an affection for both cars and motorbikes, a great admiration for the simplicity of old-school engineering, and a fascination of new technology making its way to modern cars. When he's not road testing, you'll find him surfing, hiking or helping people find their dream cars.

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