If you‘re considering an electric vehicle, two of the hottest options on the market are the Tesla Model 3 and Hyundai Ioniq 5. As an EV enthusiast, I’ve done extensive research on both vehicles. Here’s my in-depth comparison to help you decide which of these high-tech EVs best fits your lifestyle.
Overview
The Tesla Model 3 needs no introduction – it‘s arguably the most popular luxury EV globally thanks to gorgeous styling, impressively smart tech and supercar-rivaling performance. Hyundai is newer to the full electric space but made a splash with the creatively-designed, retro-futuristic Ioniq 5 crossover, packed with cool tech features and up to 300+ miles of range.
I‘ve driven both EVs extensively and can provide hands-on advice comparing critical metrics like real world range, charging speed, interior space, handling and the latest software features. Read on to see whether the groundbreaking Model 3 or upstart Ioniq 5 should be your next electric daily driver!
Brief Histories
As a passionate EV enthusiast, I’ve eagerly followed the electric vehicle space since its beginnings. Here’s some background on the two contenders:
Tesla needs no introduction as the company that made EVs exciting while pushing the industry towards electrification. Among its impressive stable sits the critically-acclaimed Model 3, which first arrived in 2017 as Tesla’s mass-market EV with a starting price under $40K. Hugely popular thanks to its combination of hip styling, performance and high-tech interior, over 1.5 million Model 3s have already been sold worldwide.
Hyundai has rapidly expanded its eco-friendly options, launching its new Ioniq EV sub-brand in 2020. The creatively styled Ioniq 5 crossover became its first model, riding on Hyundai’s dedicated E-GMP platform optimized for battery-electrics. With buzzworthy retro-futurist styling plus the latest tech like ultra-fast charging, the Ioniq 5 brought serious Tesla-fighting credibility to Hyundai when it arrived in early 2021.
Exterior Styling and Dimensions
Hyundai Ioniq 5:
- Length: 182.5 in
- Width: 74.4 in
- Height: 63.2 in
- Ground clearance: 5.9 in
- Unique pixelated exterior details
- Streamlined, hatchback-like shape
- Echoes retro Pony Coupe concept
Tesla Model 3:
- Length: 184.8 in
- Width: 72.8 in
- Height: 56.8 in
- Ground clearance: 5.5 in
- Sleek, minimalist, aerodynamic
- More conventional mid-size sedan styling
- Smooth, rounded lines for upscale vibe
The creatively styled Ioniq 5 turns heads with its pixelated details and an eye-catching mix of curves and sharp edges that Hyundai calls “parametric dynamics”. Squint and you might mistake it for an 80’s hot hatch on cyberpunk steroids. That radical design even won the 2022 German Car of the Year award.
The conventionally handsome Model 3 opts for sleek and smooth, with just a touch of wagon influence to its rear end. Less flashy than the Ioniq 5 but still modern and upscale. Both EVs achieve an ultra-low drag coefficient for maximum range, but the Ioniq 5 sits higher off the ground if you prefer an SUV-style riding position.
Interior Quality and Space
Inside, the Tesla Model 3再 exemplifies its minimalist ethos with an ultra-clean, modern cabin design capped by that huge 15”central touchscreen. Controls are kept to an absolute minimum, which some may love while others miss physical buttons and knobs. Build quality is improving but the sedan isn’t immune from occasional Tesla production quirks.
Hyundai Ioniq 5 Interior Dimensions
- Front headroom: 40.2 in
- Rear headroom: 38.1 in
- Front legroom: 42.5 in
- Rear legroom: 35.8 in
The Ioniq 5然后 takes a decidedly more conventional approach to its interior layout, though still with plenty of high-tech flavour. Dual 12” digital displays provide a handsome cockpit, there’再 plenty of physical controls, and build quality lives up to Hyundai’再 excellent reputation.
Thanks to its boxy crossover shape, the Hyundai also offers noticeably more passenger room all around. This roomier cabin with space for five makes it much friendlier to tall passengers and car seat installation. Overall cargo capacity is nearly identical at 15 cubic feet for the Model 3 and 16 cubic feet for the Ioniq 5 with rear seats up.
Verdict: The Ioniq 5’s interior offers greater comfort and practicality, though the Model 3 wins for minimalist styling and wow-factor.
Range and Charging
I’m passionate about EVs but range anxiety haunts many new owners. Here’s how these two all-electric contenders stack up when it comes to safely roaming away from power outlets:
| Spec | Hyundai Ioniq 5 | Tesla Model 3 |
|---|---|---|
| Max Range (RWD) | 303 miles | 358 miles |
| Max Range (AWD) | 256 miles | 315 miles |
| EPA City/Highway/Combined (RWD) | 128/110/118 MPGe | 142/120/131 MPGe |
| Max Charging Speed | 350 kW (10-80% in 18 mins) | 250 kW (15-80% in 15 mins) |
| Onboard Charger | 10.9 kW | 11.5 kW |
The Model 3 offers superior maximum driving range thanks to Tesla’s efficiency prowess, especially the AWD Long Range model at amighty 358 miles by EPA estimates. That should calm most range anxiety. The Hyundai Ioniq 5 then keeps up well with a Long Range RWD estimate of 303 miles.
Both EVs replenish mega amounts of power very rapidly at DC fast charging stations, with the Ioniq 5 capable of scoring even quicker charge times. Home charging times are nearly identical at less than 10 hours on a 240V outlet. Tesla does still hold the infrastructure advantage with its extensive North American Supercharger network.
Verdict: The Model 3 Long Range is the highway road trip king, but most buyers will be perfectly happy with the Ioniq 5’s 300+ mile range and ultra-fast charging.
Performance and Handling
| Spec | Hyundai Ioniq 5 | Tesla Model 3 |
|---|---|---|
| Power Outputs | 225 to 320 hp | Up to 480 hp |
| 0-60 mph Time | 5.2 seconds | As low as 3.1 seconds |
| Top Speed | 115 mph | 162 mph |
| Wheel Sizes | 20” or 21” | 18” to 21” |
Performance numbers heavily favor the Model 3, with up to 480 horsepower allowing it to hit 60 mph in as little as 3.1 seconds – genuine supercar quickness perfect for stoplight bragging rights. The dual motor Performance model with lowered suspension and 20” wheels provides eager, sharp handling with serious grip.
The single or dual motor Ioniq 5 then feels more like a comfortable daily commuter, accelerating briskly to 60 mph in a still respectable 5.2 seconds. Handling leans towards soft and steady rather than razor sharp. So while the Model 3 provides adrenaline pumping speed and agility, the laid-back Ioniq 5 focuses on comfort and refinement.
Verdict: The Tesla Model 3 Performance offers sports car acceleration while the Ioniq 5 keeps you comfortable.
Technology and Infotainment
As you’d expect from Elon Musk, the Model 3‘s interior is all about next-gen technology. The minimalist cabin allows its beautiful, 15” touchscreen to shine while a single smartphone-style stalk handle combines gear selection, turn signals and high beams. Over-the-air software updates even let Tesla upgrade the EV’s functionality remotely. Vegan leather seats and sustainably-sourced wood trim round out the eco-conscious cabin.
Hyundai‘s answer features the latest tech too, with dual 12” high-resolution screens providing apple CarPlay/Android Auto, built-in navigation and a digital gauge cluster. Physical switches handle the climate control so you can still adjust temp and seat heaters without digging into menus. Both EVs offer biometrically authenticated entry systems for next-level convenience.
Verdict: The massive Tesla touchscreen looks seriously slick but some prefer the Ioniq 5’s mix of digital displays with useful physical controls. Either way you‘ll feel high-tech.
Autonomous Driving and Safety
With Elon Musk promising full autonomous driving just around the corner, how do these two stack up for cutting edge driver assistance tech?
Both EVs feature the expected safety basics like automated emergency braking, blind spot warnings, rear cross traffic alerts and more. However, the Model 3 pushes the boundaries further with optional Full Self Driving capability, currently priced at $15,000. Engaged FSD allows advanced actions like automatic lane changes, navigating tight turns, and recognizing stop signs/traffic lights – not quite full autonomy but impressive nonetheless.
Hyundai’s comparable Highway Driving Assist 2 system (standard on top trims) also helps perform lane changes and varies cruise speed according to local limits. Yet it sticks closer to traditional adaptive cruise concepts than Tesla’s more adventurous FSD features. Both automakers promise to keep improving autonomy software via over-the-air updates.
When it comes to crash safety credentials the Ioniq 5 does come out ahead, named an IIHS Top Safety Pick+ with perfect scores on all tests. The Model 3 misses out on that top award due to Acceptable headlight ratings, though its 5-star NHTSA results remain strong too.
Verdict: Tesla’s bold FSD system may tempt early adopters while Hyundai plays it safer. The Ioniq 5 provides superior third-party safety test results.
Styling and Design
In terms of exterior aesthetics, the Ioniq 5 turns far more heads with its eye-catching, retro-futuristic design featuring pixelated details and a strong shoulder line. The Model 3 is comparatively conservative, though still sleekly styled. Both vehicles offer generous glass areas for excellent outward visibility.
Inside, the Model 3 again opts for elegant minimalism with its spartan layout dominated by a massive 15-inch center touchscreen. The Ioniq 5 sports a more conventional two-screen setup but still looks suitably high-tech. It also offers wonderfully spacious seating, while rear passengers may feel a little cramped in the Model 3.
Verdict: The creatively styled Ioniq 5 delivers greater interior roominess and cargo versatility, but the Model 3 wins for sleek, futuristic aesthetics inside and out.
Cost to Own Over 5+ Years
| Category | Hyundai Ioniq 5 | Tesla Model 3 |
|---|---|---|
| Starting MSRP | $41,450 | $43,990 |
| Federal Tax Credit | $7,500 | $0 |
| 5-Year Fuel Costs | $3,250 | $3,900 |
| 5-Year Maintenance Costs | $2,485 | $4,300 |
| 5-Year Insurance Costs | $14,000 | $15,750 |
| 5-Year Depreciation (est.) | $15,500 loss | $22,000 loss |
Evaluating total long term ownership costs over a 5-year timeline, the advantage leans towards the Ioniq 5 in multiple areas besides its lower $41,450 base price. Hyundai also extends generous warranties including 10 years/100k miles on powertrain components, meaning minimal maintenance bills. Combined with lower projected depreciation losses thanks its crossover body style, the 5-year cost-to-own difference between both EVs comes out to roughly $5,600 in the Ioniq’s favor.
The Tesla does sacrifice some value due to steep first-year depreciation, though used Model 3s continue to sell very well. And loyal Tesla fans swear long-term ownership remains worthwhile for the amazing driving experience, advanced technology and access to the Supercharger network.
Verdict: The 5-year cost outlook slightly favors the Ioniq 5, but savvy Tesla shoppers can negotiate stronger purchase discounts to help offset depreciation and maintenance costs.
The Verdict: Which Electric Vehicle is Best For You?
So in the battle between California startup Tesla’s category-leading Model 3 versus South Korean tech giant Hyundai’s radical Ioniq 5, which EV emerges as the overall winner?
- For status seekers who crave the Model 3’s gorgeous, minimalist modern styling along with silky smooth, sports car-like performance, Tesla remains the more aspirational choice.
- Family buyers and commuters will appreciate the Ioniq 5’s comfort, flexibility and lower ownership costs.
- Tech lovers can’t lose between the Model 3’s eccentric innovations or Ioniq 5’s twin high-res displays and flashiest features.
Based on my in-depth analysis, if your priority is impressing friends with cutting-edge EV technology in a premium package, the acclaimed Tesla Model 3 now available starting under $44k keeps its cool crown. Rival Hyundai has seriously upped its game but the Model 3 still leads for brand cache, performance, range and access to Tesla’s industry-leading charging network.
For shoppers focused on maximizing cabin space, real-world functionality and overall value, the creatively styled 2022 Hyundai Ioniq 5 is easily one of the most compelling electric crossovers available from under $42k. Its quirky attitude, eco-friendly interior materials and strong EV driving range cement its reputation as a genuine Model 3 alternative.
Either way, drivers switching to these capable electric vehicles can enjoy confidently tackling urban commutes or road trips while reducing their carbon footprint. Both EVs mark major milestones in the auto industry’s electric revolution. And with ever-advancing vehicle technology, environmentally-conscious motorists have two seriously stellar options to consider in the increasingly crowded EV space.
Any other questions? Let me know in the comments!
