Gridly
EV Comparison
Hyundai Ioniq 5 Elite vs Tesla Model Y RWD: Which Is Better in 2026?
Side-by-side comparison of specs, pricing, range, charging, and features to help you choose the right electric vehicle.
Quick Verdict
The Tesla Model Y RWD is 23% cheaper at $58,900. The Hyundai Ioniq 5 Elite offers 104 km more range. The Hyundai Ioniq 5 Elite adds vehicle-to-load.
Side-by-Side Specs
Hyundai
Ioniq 5 Elite
Tesla
Model Y RWD
Key Differences
Price
The Tesla Model Y RWD starts at $58,900, while the Hyundai Ioniq 5 Elite comes in at $76,200. That is a difference of $17,300, which could influence your decision if budget is a priority.
Range
The Hyundai Ioniq 5 Elite delivers 570 km of WLTP range compared to 466 km for the Tesla Model Y RWD. That gap is significant for longer trips or regional driving.
Charging Speed
The Hyundai Ioniq 5 Elite charges faster with a peak DC rate of 233 kW versus 170 kW. Faster DC charging means less time waiting at public chargers on road trips.
Towing
Both models can tow, but the Hyundai Ioniq 5 Elite has a higher capacity at 1,600 kg versus 1,588 kg.
Vehicle-to-Load (V2L)
The Hyundai Ioniq 5 Elite includes V2L, letting you power appliances, tools, or camping gear directly from the car's battery. The Tesla Model Y RWD does not offer this feature.
Which Should You Buy?
Choose the Hyundai Ioniq 5 Elite if...
- ✓ You need more range (570 km vs 466 km)
- ✓ Faster DC charging matters to you (233 kW vs 170 kW)
- ✓ You need higher towing capacity (1,600 kg vs 1,588 kg)
Choose the Tesla Model Y RWD if...
- ✓ You want a lower price point ($58,900 vs $76,200)