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2024 Hyundai Ioniq 5

The 2024 Hyundai Ioniq 5 is a compact SUV, rated at 114 MPG combined by the EPA, with a 5-star NHTSA overall safety rating. NHTSA lists 2 recalls for this model year.

2024 Hyundai Ioniq 5
© Alexander Migl · CC BY-SA 4.0
Combined MPG
114· 303 mi
NHTSA safety
Starting price
$42,000
Recalls
2

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Full specifications

Identity

SRC · NHTSA vPIC
MakeHyundai
ModelIoniq 5
Model year2024
Vehicle classCompact SUV

Engine & drivetrain

SRC · EPA FuelEconomy
TransmissionAutomatic (A1)
DrivetrainRear-Wheel Drive
FuelElectricity

Fuel economy

SRC · EPA FuelEconomy
City MPG132
Highway MPG98
Combined MPG114
Combined MPGe30
Electric range303 mi
EPA annual fuel cost$700

Available configurations

SRC · EPA FuelEconomy
Ioniq 5 Long range AWD99 MPG combined
Ioniq 5 Long range RWD114 MPG combined
Ioniq 5 Standard range RWD110 MPG combined

Fuel economy

SRC · EPA FuelEconomy
City132 MPG
Highway98 MPG
Combined114 MPG
Combined30 MPGe
Electric range303 mi

Efficiency vs class average

Ioniq 5114 MPG
Class average32.2 MPG

About 254% more efficient than the Ioniq 5's class average.

Est. monthly payment
$740/mo
Amount financed
$37,800
Total interest
$6,576
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5-year fuel cost
$11,458

$2,292/yr · 12,000 mi/yr · $0.17/kWh

Combined MPGe114
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Extended warranty & insurance

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Cost to own

Estimate monthly payments and 5-year fuel cost using the tools in the sidebar. Figures use EPA fuel economy and current U.S. energy prices from EIA.

Safety ratings & recalls

SRC · NHTSA vPIC
Overall
Frontal crash
Side crash
Rollover

Recalls (2)

  • ELECTRICAL SYSTEM:12V/24V/48V BATTERY24V204000 · 2024-03-15

    Hyundai Motor America (Hyundai) is recalling certain 2022-2024 IONIQ 5, 2023-2024 IONIQ 6, Genesis GV60, Genesis GV70 "Electrified," and Genesis G80 "Electrified" vehicles. The Integrated Charging Control Unit (ICCU) may become damaged and stop charging the 12-Volt battery, which can result in a loss of drive power.

    Remedy: This recall is replaced by NHTSA recall number 24V-868. Vehicles already repaired under this recall will need to have the new remedy completed. Dealers will inspect and replace the ICCU and its fuse, as necessary. In addition, dealers will update the ICCU software. All repairs will be performed free of charge. Owner notification letters were mailed April 22, 2024. Owners may contact Hyundai customer service at 1-855-371-9460. Hyundai's number for this recall is 257/021G.

  • ELECTRICAL SYSTEM:12V/24V/48V BATTERY24V868000 · 2024-11-18

    Hyundai Motor America (Hyundai) is recalling certain 2022-2024 IONIQ 5, 2023-2025 IONIQ 6, Genesis GV60, Genesis GV70 "Electrified," and Genesis G80 "Electrified" vehicles. The Integrated Charging Control Unit (ICCU) may become damaged and stop charging the 12-volt battery, which can result in a loss of drive power.

    Remedy: Dealers will inspect and replace the ICCU and its fuse, as necessary. In addition, dealers will update the ICCU software. All repairs will be performed free of charge. Owner notification letters were mailed December 20, 2024. Owners may contact Hyundai customer service at 1-855-371-9460 or Genesis customer service at 1-844-340-9741. Hyundai's numbers for this recall are 272 (Hyundai) and 025G (Genesis). This recall expands and replaces previous recall number 24V-204. Vehicles previously repaired under recall 24V-204 will need to have the new remedy completed.

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Frequently asked questions

What is the MPG of the 2024 Hyundai Ioniq 5?

The 2024 Hyundai Ioniq 5 is EPA-rated at 114 MPG combined (132 city / 98 highway).

Is the 2024 Hyundai Ioniq 5 reliable?

NHTSA lists 2 recalls for the 2024 Hyundai Ioniq 5. Recalls are repaired free of charge by the manufacturer — verify any open recalls by VIN before purchase.

How safe is the 2024 Hyundai Ioniq 5?

The 2024 Hyundai Ioniq 5 earned a 5-star overall NHTSA safety rating, including 4 stars in the frontal crash test.

How much does it cost to fuel the 2024 Hyundai Ioniq 5?

At 12,000 miles per year, the 2024 Hyundai Ioniq 5 costs roughly $2,292 per year to charge, or about $11,458 over 5 years at current U.S. energy prices.

What type of vehicle is the 2024 Hyundai Ioniq 5?

The 2024 Hyundai Ioniq 5 is classified as a compact suv. Common rivals in this class are worth comparing on price, MPG, and safety.

Sources: NHTSA vPIC · EPA FuelEconomy · NHTSA vPIC