Primary Navigation Mobile

Hyundai Ioniq 5 running costs and reliability

2021 onwards (change model)
Running costs rating: 4 out of 54.0

Written by Keith Adams Updated: 29 October 2024

Miles per pound (mpp)

Low figures relate to the least economical version; high to the most economical. Based on WLTP combined fuel economy for versions of this car made since September 2017 only, and typical current fuel or electricity costs.
Electric motors, home charging 9.7 - 11.8 mpp
Electric motors, public charging 5.2 - 6.3 mpp
What is miles per pound?

Fuel economy

Low figures relate to the least economical version; high to the most economical. Based on WLTP combined fuel economy for versions of this car made since September 2017 only.
Electric motors 3.3 - 4 miles/kWh
View mpg & specs for any version
  • Choice of two battery sizes
  • Cheapest model gets 238-mile range
  • Longest range slightly disappointing

What are the running costs?

The Ioniq 5 comes with a choice of two battery packs — a basic 63kWh one, or a larger 84kWh long-range set-up. That means that the basic Ioniq 5 has a larger battery than, say, the cheapest Volkswagen ID.4, and the Long Range version is up there with the best – only really lagging behind the gargantuan pack in the Peugeot E-3008.

Even so, one-charge range is pretty impressive. The basic 63kWh pack will take you for a claimed 273 miles between charges, which is good enough in itself, but better yet in our experience, Hyundai (and Kia too, to be fair) tends to be more realistic with its range estimates than some rivals. We certainly found that in real-world testing, which in moderate temperatures, the Ioniq 5 performed well on the motorway.

The bigger 84kWh battery has a maximum range of 354 miles which is not too shabby. Hyundai’s claimed electric consumption runs from 3.7 miles per kWh to 3.5 miles per kWh. According to Parkers’ own calculations, you can get get between 5.2 - 11.8 miles per pound (depending on where you charge and what you pay for your power).

24
Hyundai Ioniq 5 review (2024)
The Ioniq 5’s rapid charging capability makes it great option for covering long distances.

The Ioniq 5’s trump card, though, is its charging ability. Hyundai has fitted it with an 800-volt charging system, something that we’ve previously only seen on high-end Porsche and Audi models. What that means is that if you connect it to a high-output public charging point, the Ioniq 5 can charge at super-fast speeds — up to 220kW. We’ve seen that first hand on motorway Grid Serve chargers

At that speed, you can add an extra 62 miles of range in just five minutes if you’re charging the bigger battery. You can also potentially charge to 80% capacity in just 18 minutes on one of Britain’s fastest chargers like an Ionity unit. Charging and battery life are further improved by a battery conditioning programme that pre-conditions the battery when driving to a charging point set in the navigation.

As if that wasn’t enough, you can also use the Ioniq 5 as a charging point in itself. Top-spec models now come with a ‘Vehicle To Load’ system that means you can plug other electric devices into the Hyundai — say, an electric lawnmower, fridge or an e-bike, or even another electric car — and it will charge them. In theory, if you had the right sort of home electric system, you could actually run your house from it in the event of a power cut.

Servicing and warranty

Hyundai’s warranty is pretty hard to beat, and indeed it has become something of a standard-bearer in the industry. The Ioniq 5 gets a five-year, unlimited-mileage warranty (subject to it being serviced and repaired with original Hyundai parts) and there’s a further eight-year, 100,000-mile warranty for the battery.

Hyundai offers an inclusive service pack for the Ioniq 5, with prices tailored specifically for each customer depending on their mileage and usage.

Reliability

  • Hyundai has excellent reliability reputation
  • Dealer have a reputation for good service
  • Does high-tech mean potential problems?

The Ioniq 5 has a good reliability record, with few reported issues in service. There are some isolated issues with the infotainment system ‘black screening’ and problems with rapid charging on the go. But in the whole, the Ioniq 5 is emerging as both dependable and easily fixed by attentive dealers if it does go wrong.

The only thing giving us pause for thought is that there’s a lot of new technology on offer, from the electronic driver assistance systems to the ‘Vehicle To Load’ charging and, as anyone’s dad knows, more equipment is more stuff to go wrong.