Hyundai Ioniq 5 vs Lexus ES

What's the difference?

VS
Hyundai Ioniq 5
Hyundai Ioniq 5

$42,700 - $91,290

2024 price

Lexus ES
Lexus ES

$48,990 - $74,888

2023 price

Summary

2024 Hyundai Ioniq 5
2023 Lexus ES
Safety Rating

Engine Type
Not Applicable, 0.0L

Inline 4, 2.5L
Fuel Type
Electric

Premium Unleaded/Electric
Fuel Efficiency
0.0L/100km (combined)

4.8L/100km (combined)
Seating
5

5
Dislikes
  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle

  • Dated interior, fiddly controls
  • Firm ride
  • Road and engine noise at speed
2024 Hyundai Ioniq 5 Summary

What is it about single letters and performance cars? 

BMW has M, Volkswagen has R, Lexus has F, and with only 23 choices left Hyundai opted for N - which stands for Namyang, site of the brand’s sprawling proving ground and development centre in South Korea, and Nurburgring, the famous German racing circuit where its performance cars are fine-tuned.

And like BMW M Sport, VW R-Line and Lexus F Sport, the Korean giant has N Line as a ‘lite’ option. Sporty models that add a little more punch and visual flair without crossing the line into hardcore hot-rod territory. 

And this is one its latest examples, the pure-electric Ioniq 5 SUV in top-spec Epiq AWD trim and equipped with the N Line Option Pack as well as the tricky Digital Mirror Pack.

In this configuration it slots into the $90K price band, which means it has a lot to live up to in terms of performance, safety, driving dynamics, value and more. 

So, stay with us to see if this premium five-seater is the kind of sporty EV SUV that gets your heart racing.

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2023 Lexus ES Summary

What’s the closest thing we have to a modern-day Holden Statesman/Caprice?

If, like General Motors, you obliterate Australia’s Own from existence altogether, you’re left with time-honoured rivals also made in this country, like the Ford Fairlane, Chrysler by Chrysler and Toyota’s Crown and Avalon.

But they’re also all in history’s dustbin (well, the American ones, anyway), leaving the humble Camry as the sole living nameplate with any connection to Australian manufacturing.

And since the Lexus ES is a close relative, we’re going to take a fresh look at the latest version, with a view of it as a bit of a survivor of a bygone era – where aspirational vehicles were created from normal family sedans.

Just like the Fairlane, Crown and of course, the Caprice.

Launched in mid 2018 but facelifted in 2021, we test the ultimate version of the seventh-generation ES, the 300h Sports Luxury – or SL, if we’re to make yet another tenuous connection to long-gone Holdens.

Let’s go!

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Deep dive comparison

2024 Hyundai Ioniq 5 2023 Lexus ES

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