Car and Driver has officially named the Hyundai IONIQ 5 N as its 2024 Electric Vehicle (EV) of the Year, marking the third consecutive year that a Hyundai model has topped the publication’s annual EV rankings. The IONIQ 5 N was selected after Car and Driver evaluated 18 different electric vehicles, ultimately choosing Hyundai’s latest electric offering as their top pick.
“Ultimately, we seek four criteria: value, fun to drive, advancement of technology and mission fulfillment,” Carlos Lago, deputy editor at Car and Driver, said. “And the Hyundai IONIQ 5 N was our overwhelming favorite.”
The IONIQ 5 N comes with a price tag of nearly $67,500, making it one of the more expensive contenders in this year’s competition. However, consumers can save some money on the final purchase price due to its eligibility for the full $7,500 federal EV tax credit since the vehicle is being produced at Hyundai’s new multi-billion dollar EV and battery manufacturing facility in Georgia.
“The IONIQ 5 N clears 60 mph in 3.0 seconds, traps the quarter-mile going 123 mph in 11.1 seconds, holds 0.96 g on the skidpad, stops from 70 mph in 153 feet, and tops out at 163 mph,” Car and Driver wrote about the vehicle. “Those are, with the possible exception of the skidpad score, sports-car results. A good sports car. But then you remember it’s a five-seat EV that we classify as an SUV and that it will cover 190 miles at 75 mph, then charge from 10% to 90% in 35 minutes, assuming you’re on the correct charger.”
In addition to Hyundai, Car and Driver evaluated electric vehicles from Acura, Audi, BMW, Chevrolet, Fiat, Fisker, Honda, Kia, Mercedes-Benz, Polestar, Tesla and Volkswagen before choosing their winner.