The first question that most people have when shopping for a new electric vehicle is the cost.
The Ioniq 5 Limited Long Range AWD starts at $51,100 vs. $56,390 for the Tesla Model 3 RWD. There are many different trim levels and add-ons that can change the price of these vehicles. For example, the Ioniq 5 comes in seven different trim levels:
- SE Standard Range
- SE Long Range
- SEL Long Range
- SE Long Range AWD
- SEL Long Range AWD
- Limited Long Range
- Long Range AWD
Meanwhile, the Tesla Model 3 ranges from $40,390 to $56,390. And this is for a smaller vehicle. Overall, the Hyundai is priced better with more options, depending on your needs and driving style.
The Hyundai Ioniq 5 offers a charging speed of up to 350 kW and a driving range of up to 303 miles. The EV crossover is available with rear- or all-wheel drive and produces between 168 and 320 horsepower.
One of the best reasons to steer towards the Hyundai is the sheer number of entertainment features and creature comforts you get just at the base model. These features and more are included in the Hyundai and will cost you extra to acquire on the Tesla:
Electric Motor Performance
- 20” Alloy Wheels
- 3D Surround View
- Semi-Auto Parking
- Bose Audio System
- Leather-Appointed Interior
- Full-Recliner Front Seats
- Heating and Cooled Seats
- Heated Steering Wheel
The Ioniq 5 features an electric motor that comes in a variety of capacities. The standard-range battery produces 168 horsepower when combined with a single rear-mounted electric motor. The rear-drive system delivers 225 horsepower and 258 pound-feet of torque, which will propel the Ioniq 5 to 60 mph in 7.4 seconds with the longer-range battery. With 320 horsepower and 446 pound-feet of torque, the all-wheel-drive variant is both more powerful and faster. Hyundai created an incredibly smooth driving sensation with every bit of comfort in mind. Its wide tires paired with a low center of gravity makes it agile, quick, and fun to drive.
The Model 3 accelerates easily and nearly silently, as do other EVs, with the electric motor generating significant power from a stop. It's also quick. The Long Range variant rockets from 0 to 60 mph in 5.1 seconds. The Model 3 Performance accelerates to 60 mph in 3.5 seconds, which is 0.5 seconds faster than the Model 3 Long Range. The Model 3's battery is carried under the floor, as is the case with other EVs, resulting in a low center of gravity. This allows it to turn sharply and feel grounded and sturdy in corners. The steering is precise and well-balanced, with three distinct levels of steering effort to choose from. However, the ride is a bit firm. Tesla did not consider cabin noise. Be prepared to feel and hear every bump and crack in the road while you drive.
Range & Battery
The Ioniq 5 has a range of 220 miles on the SE Standard Range. It is upgraded to 303 miles on every other trim above this. When hooked into a DC fast charger, the bigger battery can be charged from 10% to 80% in approximately 18 minutes or added 68 miles in about five minutes. Every model has Ultra-fast charging capabilities.
There are three different Model 3 trims, each with a different projected driving range. With a stated range of 272 miles, the Rear-Wheel Drive variant is the most economical. When you upgrade to the Long Range or Performance variants, the Model 3's expected range increases to 315 miles for the Performance and 358 miles for the Long Range. The Model 3 comes with a variety of charging choices, including Tesla's Supercharger network, adapters for DC public charging stations, 240- and 120-volt outlets, and a home charging station.