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The Hyundai Ioniq 5 is gunning for the best electric vehicle spot. The electric SUV is turning heads after it earned the World Car of the Year award. Is the Ioniq 5 the best electric vehicle on the market?

The Hyundai Ioniq 5 is climbing EV rankings

A blue 2022 Hyundai Ioniq 5 electric SUV is parked.
The 2022 Hyundai Ioniq 5 | Hyundai

Look out, Tesla, there’s a new player in town. There was a time when the Tesla Model 3 and Model Y were uncontested in the electric vehicle space. The year 2022 is truly the year of the EV. Electric vehicles stole the show at the 2022 NY International Auto Show.

Unfortunately for Tesla, there are many more competitors in the electric vehicle space this year, which is great news for consumers. Competition leads to innovation. South Korean automaker Hyundai clearly came to play because its electric SUV is quickly climbing up rankings. U.S. News & World Reports lists the Ioniq 5 as the best new electric SUV for 2022.

The Ioniq 5 tops the Volkswagen ID.4 and Ford Mustang Mach-E on U.S. News’ list. So, why is everyone going crazy over this electric SUV?

The Ioniq 5’s secret weapon is practicality

A gray 2022 Hyundai Ioniq 5 small SUV is charging.
The 2022 Hyundai Ioniq 5 | Hyundai

The Ioniq 5 isn’t the quickest EV. It doesn’t boast incredible range. It isn’t even the most affordable electric SUV on the market. The Hyundai Ioniq 5 is the World Car of the Year because it’s practical. The electric SUV has a spacious, uncluttered cabin.

The SE Standard Range model achieves 220 miles of driving range. It makes 225 horsepower. The Ioniq 5’s specs are average, but its roomy interior and pleasant ride quality make it a standout model. This electric SUV is a cut above the rest because of the experience that it provides. The quietness of its cabin is understated.

Hyundai’s electric SUV is a winner because it has the basics down pat. The Hyundai Ioniq 5 starts at $39,950. Its price becomes $32,450 after the federal electric vehicle tax credit. It is available in SE Standard Range, SE, SEL, and Limited trims. The SE starts at $44,000, the SEL starts at $46,250, and the Limited starts at $51,100.

The Ioniq 5’s Limited trim resembles a luxury SUV. Hyundai is well-known for its ability to produce high-value vehicles for affordable prices. The fully loaded Ioniq 5 model gets 303 miles of range and includes features like a premium heads-up display with augmented reality and remote smart park assist.

Should you buy a Hyundai Ioniq 5?

The 2022 Hyundai Ioniq 5 is making a huge impact on the automotive industry. It is easily one of the best electric vehicles on the market because of its affordable price, roomy interior, and spacious cargo area.

According to The New York Times, the Ioniq 5 can recharge 68 miles of its total range in just five minutes through fast charging. Hyundai’s electric SUV isn’t perfect, but it’s pretty darn close.


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