2024 Hyundai IONIQ 5 Changes
The 2024 Hyundai Ioniq 5 makes very few changes to its lineup for the new year. A digital rearview mirror, a Wi-Fi hotspot, rear side airbags, and a haptic feedback steering wheel system are all newly available. The high-performance N variant will debut as a 2025 model.
Choosing Your 2024 Hyundai IONIQ 5
The 2024 Hyundai Ioniq 5 is available in three trims; SE, SEL, and Limited. Pricing for the IONIQ 5 ranges from $42,985 to $54,685.
2024 Hyundai IONIQ 5 Engine Options
The SE Standard Range trim is fitted with a smaller capacity battery and a less powerful drive motor than the other trims to help attain a lower cost. All-wheel drive is only offered with the more capable battery pack and utilizes a second motor at the front axle for $3,500 or $3,900 depending on trim level.
Standard 350kW DC fast-charging capability allows the Ioniq 5 to recharge from 10% to 80% in as little as 18 minutes. The Ioniq 5 has bi-directional power capability.
Trim | Battery Pack Capacity | Motor Output | Range (miles, EPA estimates) |
SE Standard Range | 58 kWh | 167 hp and 258 lb-ft torque | 220 miles |
SE, SEL, Limited (rear-wheel drive) | 77.4 kWh | 225 hp and 258 lb-ft torque | 303 miles |
SE, SEL, Limited (all-wheel drive) | 77.4 kWh | 320 hp and 446 lb-ft torque | 260 miles |

2024 Hyundai IONIQ 5 Fuel Economy
When equipped with the larger battery pack and rear-wheel drive, the Ioniq carries a range of 303 miles with an overall efficiency of 114 MPGe per EPA estimates. Adding all-wheel drive lowers the range to 260 miles and the efficiency rating to 99 MPGe. The least expensive Ioniq 5 can travel 220 miles and returns a 110 MPGe rating. The government expects savings of about $600-700 in annual “fuel” expenses.
2024 Hyundai IONIQ 5 Towing Capacity
The Ioniq 5 carries an impressive 2,300-pound towing capacity when fitted with the larger battery pack.
2024 Hyundai IONIQ 5 Dimensions & Cargo Capacity
The Ioniq 5’s hatchback shape lends a 182.5-inch length, a 74.4-inch width, and 63-inch height. Inside, the dedicated EV platform turns that into a roomy cabin with 38.7 inches of headroom and 39.4 inches of legroom for rear occupants and 27.2 cubic feet of space behind the second or 59.3 cubic feet with them folded. There is a small 0.85 cubic-foot bin under the hood for items that you might not want in the cabin.

2024 Hyundai IONIQ 5 Safety
The Ioniq 5 is well equipped out of the box with advanced safety features such as automatic emergency braking with pedestrian and cyclist detection, blind-spot detection with rear cross-traffic alert, adaptive cruise control with lane centering, safe exit assist, and high beam assist.
The SEL trim adds a more advanced active safety system for improved emergency handling (i.e. evasive steering assist) and highway control. It also receives front parking sensors and the top Limited trim gains a blind spot monitor display in the gauge cluster, automatic reverse braking, remote parking assist, and rain-sensing wipers.
2024 Hyundai IONIQ 5 Technology
Not surprisingly, the forward-thinking EV features a healthy list of high-tech features. A 12.3-inch touchscreen with Apple CarPlay, Android Auto, SiriusXM, HD Radio, navigation, Wi-Fi, and remote connected services are all standard.
The SEL gains digital key access and a wireless charging pad to support the five other USB ports onboard. The Limited trim gains a Bose eight-speaker sound system and a second-row AC outlet.

2024 Hyundai IONIQ 5 Trims & Prices
2024 Hyundai Ioniq 5 SE - MSRP From $42,985
Build & Price >The base trim wears 19-inch alloy wheels, LED daytime running lights, headlights, and tail lights, heated mirrors with integrated turn signals, black exterior trim and body cladding, flush door handles, and proximity entry. Inside, cloth seats are heated in the front row, the driver gains eight-way power seat adjustability, a leather-wrapped steering wheel, and a 12.3-inch digital gauge cluster. The all-wheel drive models feature a heat pump for more efficient cabin comfort.
The SE trim with the larger battery pack starts at $47,035.
2024 Hyundai Ioniq 5 SEL - MSRP From $48,585
Build & Price >The SEL trim gains a hands-free power tailgate, soft-touch door panels, ambient interior lighting, and a heated steering wheel.
2024 Hyundai Ioniq 5 Limited - MSRP From $54,685
Build & Price >The Limited trim gains 20-inch wheels (on the all-wheel drive model), premium daytime running lights and headlights, power-folding mirrors, silver body cladding and wheel arches, gloss-black accents, a glass roof, seats that are now wrapped in synthetic leather and feature a relaxation position and ventilation for the front row, memory positioning for the driver, and power adjustability for the front passenger. Also included are a head-up display with augmented reality, a sliding center console, rear a/c vents, rear cupholders, and rear window sunshades.
We like the extra confidence provided by the all-wheel drive model and the value that comes from the base trim’s extensive list of safety, technology, and creature comforts. Look for promotional lease rates and government rebates to help sweeten the deal.