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2023 Hyundai Ioniq 5 review

2023 Hyundai Ioniq 5 earns 6.6/10 in the CarsbySpec specification-led assessment and places 54th of 78 among nearby electric SUVs. Practicality is its strongest measured area. Performance is the principal numerical compromise.

Specification-led assessmentNot a road testData reviewed 2026-08-08
2023 Hyundai Ioniq 5 Standard Range RWD studio car image
Scorecard

How the Hyundai Ioniq 5 scores

Each CarsbySpec score is relative to 78 electric SUVs from 2021-2025. Independent safety results remain on the original authority's scale and are not folded into the overall rating.

Performance6.0Acceleration ranks 61st of 77 among entries with comparable data.
Range & charging6.4Range ranks 75th of 77 among entries with comparable data.
Practicality7.7Cargo volume ranks 29th of 77 among entries with comparable data.
Value for money6.5Ranks 44th of 73
Independent safetyN/AExact generation and market required

What stands out

  • Practicality is its strongest measured category at 7.7/10
  • 1,600 kg listed towing capacity broadens its usefulness

What to check

  • Listed range ranks 75th of 77 in the comparison group
  • Performance is its weakest measured category at 6.0/10
  • Independent rating not yet verified

Verdict

2023 Hyundai Ioniq 5 earns 6.6/10 in the CarsbySpec specification-led assessment and places 54th of 78 among nearby electric SUVs. Practicality is its strongest measured area. Performance is the principal numerical compromise.

Its value-for-money score is 6.5/10, placing it 44th of 73. The strongest value score in this peer set belongs to the 2024 Chevrolet Equinox EV.

This makes the review useful for building a shortlist, but it cannot answer questions that require driving the car. Ride comfort, cabin noise, steering response, braking consistency and material quality should still be checked in person.

Performance

The Standard Range RWD version used as the baseline records 170 hp, 350 Nm of torque, 8.5 seconds from 0-100 km/h, and a 185 km/h top speed. Its power output ranks 67th of 78 among entries with comparable data. Its acceleration ranks 61st of 77 among entries with comparable data.

These figures describe straight-line potential only. They do not reveal brake feel, grip in poor conditions, steering accuracy, stability or how consistently the car performs after repeated acceleration and braking.

Range, efficiency and charging

The recorded energy picture includes 354 km of listed electric range, a 58.0 kWh battery, 233 kW maximum DC charging, and 16.4 kWh/100km recorded consumption. Its listed range ranks 75th of 77 among entries with comparable data.

Published range and consumption can come from different regional cycles. Temperature, speed, wheel size, load and charging conditions can materially change the result, so the figures should be compared on the same test method wherever possible.

Interior space and everyday usability

For daily use, the specification lists 527 litres of cargo capacity, 5 seats, 1,600 kg of listed towing capacity, and a 1,830 kg curb weight. Its cargo capacity ranks 29th of 77 among entries with comparable data. Its towing capacity ranks 19th of 53 among entries with comparable data.

Capacity figures still need context: a large boot can be compromised by a narrow opening or high floor, and a seat count does not establish adult comfort. Those points require an inspection rather than a spreadsheet.

Safety and driver assistance

Independent rating not yet verifiedNo verified exact rating

CarsbySpec does not yet hold a verified independent crash-test result matching this exact model year, generation and market. The car may be untested, tested under another name or specification, or still awaiting source review. Missing data is not treated as a zero score.

CarsbySpec does not treat curb weight, drivetrain or driver-assistance marketing as proof of crash safety. Before buying, verify the exact market version, standard safety equipment and outstanding recalls; a result from another generation is never silently reused.

Known problems and used-buying checks

No verified exact-year issue entry yet

CarsbySpec has not yet stored a sourced fault record that can be safely attached to this exact model year and generation. That is a coverage gap, not evidence that the car is fault-free.

Used Hyundai Ioniq 5 inspection checklist

  • Match the VIN, service history, mileage and specification to the seller's description
  • Check outstanding recalls and service campaigns for the exact VIN and market
  • Request a traction-battery health report and compare usable capacity with an equivalent healthy car
  • Test AC and DC charging where possible, and inspect the underbody and battery casing for damage
  • Inspect cold-start behaviour, warning lights, fluid leaks and evidence of deferred maintenance
  • Check tyre age and wear pattern, brake condition, suspension noises and previous structural repairs
  • Test every key, screen, camera, sensor, charging flap and powered cabin function

Recall status and service campaigns can change after publication. Check the exact VIN with the manufacturer or the relevant national authority, and use an independent pre-purchase inspection.

Price and value for money

The baseline starting price is $41,450 USD. That price ranks 23rd of 73 among entries with comparable data. Its value-for-money score is 6.5/10, placing it 44th of 73. The strongest value score in this peer set belongs to the 2024 Chevrolet Equinox EV.

The value score combines starting price with performance, range and cargo figures where available. It does not assume identical taxes, incentives, warranties, servicing or standard equipment across countries, so local quotations still matter.

Which version should you choose?

There are 3 recorded 2023 versions. On the available price and specification data, the Long Range AWD gives the strongest numerical balance of cost, performance, range and capacity. That is a value calculation rather than a claim about trim quality or equipment not stored in the database.

VersionPower0-100RangePriceAssessment
Ioniq 5 Standard Range RWD 170 hp 8.5 s 354 km $41,450
Ioniq 5 Long Range RWD 229 hp 7.3 s 488 km $42,785
Ioniq 5 Long Range AWD 325 hp 5.2 s 455 km $46,800 Value pick

Which similar car is best?

The highest overall specification score in this electric SUV group belongs to the 2025 smart #5 at 8.2/10. For value, the leading result is the 2024 Chevrolet Equinox EV at 9.1/10. These are data-led results, not universal buying recommendations.

2023 Hyundai Ioniq 5 review questions

What rating does the 2023 Hyundai Ioniq 5 receive?

2023 Hyundai Ioniq 5 scores 6.6/10 in the CarsbySpec specification-led review and ranks 54th of 78 in its comparison group.

Is the 2023 Hyundai Ioniq 5 good value for money?

Its value-for-money score is 6.5/10, placing it 44th of 73. The strongest value score in this peer set belongs to the 2024 Chevrolet Equinox EV.

Has CarsbySpec road-tested the 2023 Hyundai Ioniq 5?

No. This review is an independent analysis of recorded specifications, pricing and peer-group positions. It does not claim first-hand impressions of ride, steering, braking, comfort or build quality.

What safety rating does the 2023 Hyundai Ioniq 5 have?

CarsbySpec does not yet hold a verified independent crash-test result matching this exact model year, generation and market. The car may be untested, tested under another name or specification, or still awaiting source review. Missing data is not treated as a zero score.

What should I check before buying a used 2023 Hyundai Ioniq 5?

No verified model-year-specific fault entry is currently stored in CarsbySpec; that is not proof that no faults exist. Verify the VIN, recalls, service history, tyres, brakes, electronics and signs of accident repair, and arrange an independent inspection before purchase.