2023 Ford Mustang Mach-E vs. 2023 Hyundai Ioniq 5: A Comprehensive Comparison

The electric vehicle (EV) market has seen a surge in recent years, with established car manufacturers like Ford and Hyundai introducing their offerings. Among the growing list of 5-passenger battery-electric crossovers, the 2023 Ford Mustang Mach-E and the 2023 Hyundai Ioniq 5 stand out. In this comprehensive comparison, we will delve into various aspects of these two EVs, including price and value, reliability and quality, performance and efficiency, safety and driving assistance, infotainment and technology, as well as comfort and utility. So, let’s put the Ford Mustang Mach-E and the Hyundai Ioniq 5 head-to-head and analyze their key features.

Price and Value

When it comes to price and value, both the 2023 Ford Mustang Mach-E and the 2023 Hyundai Ioniq 5 offer competitive options. The Ford Mustang Mach-E is available in four trim levels: Select, Premium, California Route 1, and GT. The starting price for the RWD Select trim is around $44,795, while the AWD version costs an additional $3,000. On the higher end, the California Route 1 Edition starts at $58,795, and the GT trim has a starting price of $62,440. It’s worth noting that the 2023 Ford Mustang Mach-E qualifies for a $3,750 federal income tax credit.

On the other hand, the 2023 Hyundai Ioniq 5 is offered in four trims: SE Standard Range, SE, SEL, and Limited. The SE Standard Range, available only in certain states, starts at $42,785, including the destination charge. The SE trim, with improved range and available AWD, has an MSRP of $50,335. The top-of-the-line Limited trim with AWD has a suggested base price of $58,835. While the Ioniq 5 doesn’t qualify for a federal tax credit, Hyundai offers complementary Bluelink connectivity services for three years after vehicle purchase.

Advantage: Hyundai Ioniq 5

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Reliability and Quality

Reliability and quality are important factors to consider when purchasing a vehicle. In terms of reliability, the Ford Mustang Mach-E does not rank among the top three models in its segment in the J.D. Power 2023 U.S. Vehicle Dependability Study (VDS) or the 2023 U.S. Initial Quality Study (IQS). However, it ranks third among Mass Market Battery Electric Vehicles (BEVs) in the J.D. Power 2023 U.S. Electric Vehicle Experience (EVX) Ownership Study, which examines satisfaction among EV owners. The Mustang Mach-E comes with standard warranty coverage of 3 years or 36,000 miles, a powertrain warranty of 5 years or 60,000 miles, and an 8-year or 100,000-mile warranty for the electric-vehicle components and high-voltage battery.

Similarly, the Hyundai Ioniq 5 does not rank among the top three models in its segment in the 2023 VDS, 2023 IQS, or the 2023 EVX Ownership Study. However, it has a standard warranty of 5 years or 60,000 miles, a powertrain warranty of 10 years or 100,000 miles, and an electric-vehicle component/high-voltage battery warranty of 10 years or 100,000 miles (10 years or 150,000 miles in California emissions states). With 5 years of roadside assistance and 3 years of complementary scheduled maintenance, the Ioniq 5 offers a comprehensive ownership package.

Advantage: Hyundai Ioniq 5

Performance and Efficiency

Performance and efficiency are crucial considerations for EV buyers. The 2023 Ford Mustang Mach-E offers a range of powertrain options to suit different preferences. The Select and Premium trims come with a 266-horsepower electric motor, while the Premium trim with an extended-range battery pack offers 290 horsepower in RWD form and 346 horsepower in AWD versions. The California Route 1 Edition features the same powertrain as the GT trim, delivering 480 horsepower and 600 pound-feet of torque. With its 70.0-kWh battery pack, the Mach-E achieves a range of up to 224 miles for the standard battery AWD trims and 260 miles for the GT trim.

In comparison, the 2023 Hyundai Ioniq 5 provides a simpler lineup of powertrain options. The SE Standard Range trim features a 168-horsepower motor, while the SE, SEL, and Limited trims come with a 225-horsepower motor and a larger-capacity 77.4-kWh battery pack. The AWD versions of these trims add a front-mounted motor, resulting in a total output of 320 horsepower and 446 pound-feet of torque. The Ioniq 5 offers a range of up to 266 miles for the AWD trims and up to 303 miles for the RWD trims, thanks to its higher-capacity battery.

Advantage: Ford Mustang Mach-E

Safety and Driving Assistance

Safety features and driving assistance technologies play a crucial role in ensuring peace of mind on the road. The 2023 Ford Mustang Mach-E comes with Ford Co-Pilot 360, which includes a range of advanced driver assistance systems (ADAS). Notable features include blind-spot warning, rear cross-traffic warning, reverse brake assist, and post-collision braking. The enhanced Ford Co-Pilot 360 Assist 2.0 adds adaptive cruise control with stop-and-go capability, intersection turn assistance, automatic emergency steering, integrated navigation, and traffic sign recognition. The Mustang Mach-E also offers the BlueCruise hands-free highway driving system, which allows for autonomous driving on select highways.

Similarly, the 2023 Hyundai Ioniq 5 is equipped with SmartSense, Hyundai’s suite of ADAS. It includes adaptive cruise control with machine learning, forward-collision avoidance assist, blind-spot avoidance assist, speed limit assist, and a driver monitoring system. The Ioniq 5 also features Highway Driving Assist 2 (HDA2), which helps maintain speed and distance from the vehicle ahead, assists with steering around curves, and enables automatic lane changes.

While both vehicles offer advanced safety features, it’s worth noting that as of this writing, official crashworthiness ratings from the National Highway Traffic Safety Administration (NHTSA) are not available for the 2023 models. However, the Ford Mustang Mach-E was named a Top Safety Pick by the Insurance Institute for Highway Safety (IIHS) for the 2022 calendar year, and the Hyundai Ioniq 5 received the Top Safety Pick+ designation.

Advantage: Hyundai Ioniq 5

Infotainment and Technology

In the realm of infotainment and technology, the 2023 Ford Mustang Mach-E and the 2023 Hyundai Ioniq 5 offer impressive features. The Mustang Mach-E boasts a 15.5-inch central touchscreen and a 10.2-inch digital instrument display, running on Ford’s Sync 4A infotainment system. It supports wireless Apple CarPlay and Android Auto, and its voice recognition system has been improved for easier operation. The Mach-E also offers a standard 6-speaker audio system with SiriusXM satellite radio and an available 10-speaker B&O sound system by Bang and Olufsen.

On the other hand, the Ioniq 5 features a 12-inch touchscreen infotainment display and a hoodless 12-inch digital gauge cluster. Its infotainment system provides EV-oriented information, such as real-time travel radius mapping based on the current state of charge. The Ioniq 5 supports Apple CarPlay and Android Auto with wired connections, and its navigation system comes with three years of Bluelink infotainment and map updates. The standard audio system is an 8-speaker premium Bose sound system.

Both vehicles offer advanced infotainment features, but the Ford Mustang Mach-E’s larger touchscreen and extensive connectivity options give it a slight advantage.

Advantage: Ford Mustang Mach-E

Comfort and Utility

When it comes to comfort and utility, the 2023 Ford Mustang Mach-E and the 2023 Hyundai Ioniq 5 provide practical and spacious interiors. The Mach-E offers a contemporary cabin with a large portrait-oriented touchscreen, adjustable load floor for charge cord storage, and optional panoramic glass roof. It can comfortably accommodate five adults, with 29.7 cubic feet of luggage space behind the rear seats and 59.7 cubic feet with the seatbacks folded. Additionally, the Mach-E features a front trunk (“frunk”) with 4.7 cubic feet of cargo room.

Meanwhile, the Ioniq 5 boasts a taller roofline, contributing to its futuristic styling and providing ample interior and cargo space. The center console has a movable piece for added versatility, and the second-row seats recline and slide to optimize legroom or cargo capacity. With 27.2 cubic feet of cargo space behind the rear seats and a power-operated, hands-free liftgate, the Ioniq 5 offers practicality. It also features a small frunk with 0.85 cubic feet of storage.

Both vehicles excel in terms of comfort and utility, with the Ford Mustang Mach-E offering a larger cargo capacity and the Hyundai Ioniq 5 providing a unique interior layout.

Advantage: Ford Mustang Mach-E


In a head-to-head comparison, the 2023 Ford Mustang Mach-E and the 2023 Hyundai Ioniq 5 offer compelling options in the growing market of 5-passenger battery-electric crossovers. The Hyundai Ioniq 5 has the advantage in terms of price and value, as well as reliability and quality. On the other hand, the Ford Mustang Mach-E takes the lead in performance and efficiency, as well as infotainment and technology. Both vehicles provide advanced safety features and comfortable interiors with ample cargo space.

Ultimately, the choice between these two EVs depends on individual preferences and priorities. Whether you prioritize affordability, cutting-edge technology, or exhilarating performance, the decision comes down to what matters most to you. It’s recommended to test drive both models and consider your specific needs before making a final decision.

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