Hyundai Ioniq 5 2.5-Year Ownership Review: Legacy Auto Benefits
While there are significant drawbacks to choosing an established automaker for your first electric vehicle (EV), such as clunky software and a less streamlined sales process, there are notable advantages as well. A 2.5-year ownership review of the Hyundai Ioniq 5 highlights these benefits. Despite being a first-year model on a new platform, the Ioniq 5 has proven to be nearly flawless, with no major failures reported. This is particularly impressive given its advanced 800-volt-class electrical charger, which is ahead of most competitors like the Tesla Model Y, Volkswagen ID.4, Toyota bZ4x, and the newer Chevy Equinox EV, which use more common 400-volt-class architectures.
The shift to an 800-volt-class architecture is often seen as risky due to its newer, more advanced technology, which automakers are less familiar with. However, Hyundai has successfully produced some of the fastest-charging EVs that are both affordable and reliable. The motors and high-voltage batteries have shown no widespread issues, despite the complexity of the technology.
Despite these successes, Consumer Reports ranked the 2022 Ioniq 5 lower in reliability due to issues such as 12-volt battery drain and creaking rear hatches. However, these problems are less severe compared to those typically experienced with first-year models from Tesla or Rivian. Furthermore, reliability has significantly improved for the 2023 model year, according to Consumer Reports.
In contrast, Tesla has resolved many of its reliability issues with the Model 3, particularly with the drivetrain and hardware. However, it’s in the finer details of quality where Hyundai’s experience shines. The Ioniq Guy, a reviewer, meticulously examines the Ioniq 5, noting minimal wear on various parts of the vehicle. The only significant quality concern is a small paint bubble on the rear hatch, which should be addressed under warranty.
This level of quality and reliability in EVs is indicative of the future of electric vehicle ownership. As companies like Tesla, Rivian, Hyundai, and Ford continue to refine their technologies, EVs are transitioning from being early adopter products with numerous issues to reliable consumer-grade vehicles. With fewer moving parts and ongoing improvements in software and electronics, EV reliability is expected to surpass that of internal combustion engine vehicles, leading to a future where vehicle breakdowns are a rarity.
Living the EV lifestyle means the convenience of home charging and never having to go to a gas station. But if you miss some of your gas station’s guilty pleasures, @wendellholland and #Chevy have the solution. pic.twitter.com/PEHOb2datF
— Chevrolet (@chevrolet) August 10, 2022