The Hyundai Ioniq 5 is one of the most well-received new vehicles in the past year. Not only is demand far exceeding supply, but this battery-electric compact crossover also secured a rare auto industry Triple Crown after it was named World Car of the Year, World Electric Vehicle of the Year, and World Car Design of the Year for 2022. It seems GM has taken notice of the Ioniq 5’s popularity with both consumers and the press, as it has now secured one of these vehicles for benchmarking purposes.
GM Authority spy photographers have caught photos of a GM engineer testing out a Hyundai Ioniq 5 and likely evaluating it for competitive purposes. Automakers will often purchase new vehicles from rival companies for so-called “benchmarking” tests, in which it compares its own product offerings with what the competition is putting out. GM is particularly interested in benchmarking other companies’ EVs, it seems, as we’ve seen it testing a wide variety of battery-electric models, including the Mercedes-Benz EQS, Rivian R1T, Lucid Air, Audi E-Tron and Tesla Model Y and Model S Plaid.
The Hyundai Ioniq 5 is classified as a compact crossover, however its hatchback-like shape is somewhat deceiving, making it appear a bit smaller than it actually is. With a 118-inch wheelbase and an overall length of 182.5 inches, the Ioniq 5 almost straddles the line between compact and midsize. The Chevy Equinox, for example, has a 107.3-inch wheelbase and an overall length of 183.1 inches, while the Chevy Blazer has a wheelbase of 112.7 inches and an overall length of 191.4 inches. It’s therefore hard to say if GM sees the Ioniq 5 as a competitor to the 2024 Chevy Equinox EV, or the future Chevy Blazer EV.
The Chevy Equinox EV will undercut the Ioniq 5 with its $30,000 base price, so it seems as though the Ioniq 5, which starts at $43,650, will be a bit too upmarket to be viewed as a genuine Equinox EV rival. This price is more comparable to the Blazer EV, which could mean Chevy will be able to offer a slightly larger and more spacious product to the Ioniq 5 at a similar price point.
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Comments
Pretty unfortunate to hear this…the quality of Hyundai is absolute garbage, always has been. They’re only popular with consumers because they have nice design and cheap prices, but you get what you pay for.
Actually they’ve been knocking it out of the park on quality for the past several years.
You’re not keeping up.
“The Chevy Equinox EV will undercut the Ioniq 5 with its $30,000 base price, so it seems as though the Ioniq 5, which starts at $43,650, will be a bit too upmarket to be viewed as a genuine Equinox EV rival. ”
you get what you pay for!!!????
Chevy are they still selling vehicles, hmm thought they were in the recall business now, I’m kidding, I must admit I like the new blazer, rented one for a few weeks hated it at first but actually turned out to be a really good vehicle, great mileage, smooth ride comfortable seats and roomy for it’s size, well equipped, but the engine omg noisy as hell and shakes, they fix that be a really good vehicle
Jealous, I don’t know where you get your info but Hyundai is a very durable brand and inexpensive you really need to get out and have another peek at the sticker price, I have owned Hyundai’s for over ten years and only problem I encountered was letting go of the old and saying hello to the new, no problems reliable and well worth ever nickel I paid, so just saying
I have a 2009 elantra with 257000 miles on it. Still my daily driver. No problems, has never left me stranded and changed very few parts. Just change fluids often. Maybe you have had a bad experience with Hyundai or you have never owned one. I couldn’t be happier. Best car I’ve ever had
“The Chevy Equinox EV will undercut the Ioniq 5 with its $30,000 base price, so it seems as though the Ioniq 5, which starts at $43,650, will be a bit too upmarket to be viewed as a genuine Equinox EV rival. ”
I hope it does undercut the Ioniq 5, but we don’t know yet how much range the Equinox will have and what size battery the $30,000 model will use.
I am assuming GM is bench-marking the Ionic 5 not for the Nox but the Blazer EV
I sure hope the new Equinox isn’t as ugly as the Ionia 5!
I like the Ioniq 5 looks. Not what it is. They already showed Equinox renderings. Not for me.
Styling of Korean cars in general has become top notch in the past few years. I include the Iconiq 5 in this trend – its many details and angles all work together resulting in something easy to look at and live with over time.
Maybe it’s me, but cars today seem to all look alike in exterior styling, I saw a new bmw next to a Toyota and couldn’t tell them apart except for the name on the trunk, take trucks for Chevy the tundra couldn’t tell em apart looking from the rear, but saves on R&D I guess,
Why?
as ever industry Copy & Paste
I have the ioniq5 and have for a few months now. I constantly have people asking me about it and taking pictures of it. I absolutely love this car. It’s very well built and I’ve had zero problems with it. Yes the older Hyundai’s we’re not stylish or as well built, they did a great job on these. Another bonus is I’m only charging for 15-30 minutes depending on the charger.
Hey I have a 20 ioniq EV and love it no problem it’s treated at 170 Mile range, but I average around 250 per charge, very good vehicle and no gas or oil just in time, with high fuel cost now, I do like the ioniq 5, it’s very roomy inside but must admit, strap a turret on it and it will blend in perfectly on battle field next to an ambrahms tank, hmm, wonder if army noticed that, be cool to see it in action in Ukraine, squad of ioniq5,s taking on Russian tanks
We’ve had a 2014 Sonata since brand new
Only thing it’s needed was a new Battery ( the original was over 7 years old ) and wiper blades
& it gets 41/42 mpg highway 28 city
Was always a GM guy but they use way too many Chinese electronic parts that fail lately creating large repair bills
Gotta say Hyundai & Kia got it going on certainly will be my next buy gas or electric hybred etc
I have a 2009 elantra with 257000 miles on it. Still my daily driver. No problems, has never left me stranded and changed very few parts. Just change fluids often. Maybe you have had a bad experience with Hyundai or you have never owned one. I couldn’t be happier. Best car I’ve ever had