Edmunds: Tesla Model Y vs. Hyundai Ioniq 5, Electric SUV Comparison; Price, Range, Performance & More

Photograph by Bernie Goldbach

The folks at Edmunds have posted a YouTube video comparing the Tesla Model Y to Hyundai’s Ioniq 5.

According to InsideEVs, “The base Ioniq 5 starts at around $41,000 – effectively $33,500 after the Federal Tax Credit (which Tesla no longer qualifies for) has been applied. This means an entry-level Ioniq 5 is just over half as much as an entry-level Model Y. That said, the base Model Y Long Range still has AWD and a 75 kWh battery pack so that’s not really a fair comparison. The $48,225 (after FTC) Ioniq 5 Long Range AWD in top-spec Limited trim is a better fit and is what Edmunds chose for this comparison. That’s still around $14,000 less than the cheapest Model Y.”