Tesla Model Y vs Hyundai Ioniq 5

What's the difference?

VS
Tesla Model Y
Tesla Model Y

$58,900 - $89,400

2026 price

Hyundai Ioniq 5
Hyundai Ioniq 5

$42,700 - $91,290

2024 price

Summary

2026 Tesla Model Y
2024 Hyundai Ioniq 5
Safety Rating

Engine Type
Not Applicable, 0.0L

Not Applicable, 0.0L
Fuel Type
Electric

Electric
Fuel Efficiency
0.0L/100km (combined)

0.0L/100km (combined)
Seating
6

5
Dislikes
  • Ride might be too firm for some
  • Compromised vision from driver's seat
  • Lack of Apple CarPlay a turn-off

  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle
2026 Tesla Model Y Summary

This is the new Tesla Model Y L, of course, but before we even start I need to ask you a very important question.

How often, honestly, do you use all seven seats in your seven-seater? Or if you only have five seats, how often is there a human in every single one?

Rarely, if ever?

Yep, me too. So stick around, because this is, by far, the best family SUV seating layout. And one where there’ll finally be no fighting over who gets stuck with the dodgy seat.

And as a result, the six-seat Tesla Model Y L might just be among the best all-electric SUV offerings around.

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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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Deep dive comparison

2026 Tesla Model Y 2024 Hyundai Ioniq 5

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