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Comparison: 2022 Hyundai Ioniq 5 vs 2022 Volvo C40 Recharge

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2022 Volvo C40 Recharge / 2022 Hyundai Ioniq 5
Photo: D.Heyman
2022 Volvo C40 Recharge / 2022 Hyundai Ioniq 5

Advantage Hyundai Ioniq 5

There are a few to pick from here, but the most obvious one is the styling. The Ioniq 5 looks like what we thought cars of the future – the distant future – would look like not three years ago yet here it is, almost a decade before schedule. With its creases and light treatment and stance – and yes, eve with its somewhat tame colour palette – it looks like what I hope more cars will look like going forward. It has truly brought automotive design to the next level, and I know I’d love to see that in my driveway (plugged in, probably) every time I set out for work in the morning.

Advantage Volvo C40 Recharge

While Volvo claims less range than the Ioniq 5 AWD – 364 km to 414 km – it was actually the C40 that returned the better figures when I finished my range test. I drove the exact same route in pretty much the exact same conditions and it was the C40 that stayed truer to what the trip computers were telling me before I started. The Ioniq used more power per km driven than did the C40, and that’s a win for the Volvo in my book.

Similarities

Both of these drive very well, they both ride very well and they both can be charged on a DC fast charge unit, though the Ioniq 5 can withstand a higher charge rate than the C40 can.

Verdict

The Ioniq 5 costs quite a bit less than the Volvo does, and buyers will benefit from government incentives due to its starting price coming in below 50 grand. Since Hyundai calls the more expensive Ioniq 5 examples “trims” no matter which model you buy, as far as the federal and various provincial governments are concerned, you are entitled to incentives.

That’s not the only reason why it’s our choice here, though. It’s one of them, to be sure, but there are others: because of its style, its expansive interior space, its infotainment system and the way it drives, it is the more compelling buy here. The C40 is a cool car. The Ioniq, though? Cooler, and more functional to boot, and more affordable to double-boot.

2022 Hyundai Ioniq 5 / 2022 Volvo C40 Recharge
Photo: D.Heyman
2022 Hyundai Ioniq 5 / 2022 Volvo C40 Recharge

2022 Hyundai Ioniq 5

We like

Fantastic styling
Great interior space
Infotainment

We like less

Range questions
Only one way to get AWD

2022 Volvo C40

We like

Honest range calculations
Luxurious interior digs
Good power

We like less

Not eligible for government EV incentives
Aged infotainment with no CarPlay support at time of writing
Nonchalant steering

 

2022 Hyundai Ioniq 5 / 2022 Volvo C40 Recharge, three-quarters rear
Photo: D.Heyman
2022 Hyundai Ioniq 5 / 2022 Volvo C40 Recharge, three-quarters rear

Specifications

.. Ioniq 5C40 Recharge
 TransmissionSingle-speed automaticSingle-speed automatic
 DrivetrainAWDAWD
 Energy use (city)2.1 Le/100 km2.5 Le/100 km
 Energy use (hwy)2.7 Le/100 km2.9 Le/100 km
 Energy use (combined)2.4 Le/100 km2.7 Le/100 km
    
 Motor  
 TypeDual EV motorDual EV motor
 Output320 hp402 hp
 Torque446 lb-ft486 lb-ft
 Battery77.4 kWh (usable)75 kWh (usable)
 Architecture800 volts400 volts
 Range414 km364 km
    
 Capacities  
 Cargo space770 L – 1,587 L410.6 L – 1,205 L
    
 Dimensions  
 Length4,635 mm4,430 mm
 Width2,022 mm2,035 mm
 Height1,642 mm1,582 mm
 Wheelbase3,000 mm2,703 mm
    
 Warranty5 yr/100,000 km (basic)4 yr/80,000 km (basic)
  8 yr/160,000 km (battery)8 yr/150,000 km (battery)
    
 Price (base)$44,999$72,600 CAD
 Price (as tested)$56,951 CAD$73,500 CAD
 Eligible for iZEV discountyesno
    
    
2022 Hyundai Ioniq 5 / 2022 Volvo C40 Recharge, rear
Photo: D.Heyman
2022 Hyundai Ioniq 5 / 2022 Volvo C40 Recharge, rear