2021 Volvo XC40 vs 2022 Hyundai Ioniq 5

2021 Volvo XC40
2021 Volvo XC40
$33,700MSRP
Overview
Overview
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2022 Hyundai Ioniq 5
2022 Hyundai Ioniq 5
$39,700MSRP
Overview
Overview
OverviewShop Now
2021 Volvo XC40
$33,700MSRP
Overview
Overview
OverviewShop Now
2022 Hyundai Ioniq 5
$39,700MSRP
Overview
Overview
OverviewShop Now

Overview

MSRP

$33,700

MSRP

$39,700

Listings

158

Listings

142

Ratings & Reviews

User Reviews
User Reviews

Expert reviews

8.0 out of 10

Expert reviews

9.0 out of 10

Pros

  • Stylish design

  • Powerful engine

  • Multiple powertrain options

Cons

  • Not much cargo space

  • Recharge model is expensive

Pros

  • Spacious

  • Impressive technology

  • Standard advanced safety features

Cons

  • Potentially polarizing design

  • Fairly pedestrian performance

2021 Volvo XC40 Reviews Summary

Introduced for the 2019 model year, the Volvo XC40 enters 2021 with one major change—the addition of an all-electric powertrain option. The 2021 Volvo XC40 Recharge is the Swedish automaker’s first mass-market electric vehicle, in fact.

The Recharge will be sold alongside gasoline versions of the XC40, which carry over largely unchanged, and compete against small luxury crossovers like the Audi Q3, BMW X1, Mercedes-Benz GLA-Class, and Lexus UX. With its electric powertrain, the Recharge is a de facto Tesla Model Y competitor. It’s also priced similar to high-end versions of the Ford Mustang Mach-E, although the two electric crossovers have somewhat different philosophies.

In addition to that zero-emission powertrain, the Recharge gets an Android-based operating system, over-the-air (OTA) software update capability for all vehicle systems, and some updates to driver-assist tech. These changes don’t apply to gasoline 2021 XC40 models, but Volvo does plan to add the Android operating system to more vehicles in the future.

Since the Recharge is the main new thing for the 2021 XC40, that’s what we focused on for this review. While the gasoline XC40 is available in three trim levels—Momentum, R-Design, and Inscription—with front-wheel drive (FWD) or all-wheel drive (AWD), the Recharge is only offered in a single trim level, with standard AWD.

2022 Hyundai Ioniq 5 Reviews Summary

The Hyundai Ioniq 5 is the automaker’s debut electric vehicle from its new sub-brand that focuses solely on battery electric-powered mobility. The all-new Ioniq 5 is chock full of battery technology, smart car connectivity, advanced safety, and unique design all at a price point that appeals to the masses.
No video found

Popular Features & Specs

Engine

2.0L 187 hp I4

Engine

168 hp Electric

Drive Train

FWD

Drive Train

RWD

Seating Capacity

5

Seating Capacity

5

Horsepower

187 hp @ 4700 rpm

Horsepower

EV Battery Capacity

EV Battery Capacity

58 kWh

MPG City

23

MPG City

127

MPG Highway

32

MPG Highway

94
2021 Volvo XC40
2021 Volvo XC40
$33,700MSRP
Overview
Overview
OverviewShop Now
2022 Hyundai Ioniq 5
2022 Hyundai Ioniq 5
$39,700MSRP
Overview
Overview
OverviewShop Now
2021 Volvo XC40
$33,700MSRP
Overview
Overview
OverviewShop Now
2022 Hyundai Ioniq 5
$39,700MSRP
Overview
Overview
OverviewShop Now

Overview

MSRP
$33,700
$39,700
Listings

Ratings & Reviews

User reviews

4.5

4.6

Expert reviews

8.0 out of 10

Read full review

9.0 out of 10

Read full review
Pros & cons

Pros

  • Stylish design

  • Powerful engine

  • Multiple powertrain options

Cons

  • Not much cargo space

  • Recharge model is expensive

Pros

  • Spacious

  • Impressive technology

  • Standard advanced safety features

Cons

  • Potentially polarizing design

  • Fairly pedestrian performance

Summary

Introduced for the 2019 model year, the Volvo XC40 enters 2021 with one major change—the addition of an all-electric powertrain option. The 2021 Volvo XC40 Recharge is the Swedish automaker’s first mass-market electric vehicle, in fact.

The Recharge will be sold alongside gasoline versions of the XC40, which carry over largely unchanged, and compete against small luxury crossovers like the Audi Q3, BMW X1, Mercedes-Benz GLA-Class, and Lexus UX. With its electric powertrain, the Recharge is a de facto Tesla Model Y competitor. It’s also priced similar to high-end versions of the Ford Mustang Mach-E, although the two electric crossovers have somewhat different philosophies.

In addition to that zero-emission powertrain, the Recharge gets an Android-based operating system, over-the-air (OTA) software update capability for all vehicle systems, and some updates to driver-assist tech. These changes don’t apply to gasoline 2021 XC40 models, but Volvo does plan to add the Android operating system to more vehicles in the future.

Since the Recharge is the main new thing for the 2021 XC40, that’s what we focused on for this review. While the gasoline XC40 is available in three trim levels—Momentum, R-Design, and Inscription—with front-wheel drive (FWD) or all-wheel drive (AWD), the Recharge is only offered in a single trim level, with standard AWD.

The Hyundai Ioniq 5 is the automaker’s debut electric vehicle from its new sub-brand that focuses solely on battery electric-powered mobility. The all-new Ioniq 5 is chock full of battery technology, smart car connectivity, advanced safety, and unique design all at a price point that appeals to the masses.
Video
No video found

Popular Features & Specs

Engine
2.0L 187 hp I4
168 hp Electric
Drive Train
FWD
RWD
Seating Capacity
5
5
Horsepower
187 hp @ 4700 rpm
EV Battery Capacity
58 kWh
MPG City
23
127
MPG Highway
32
94
Look and feel

2021 Volvo XC40

9/10

2022 Hyundai Ioniq 5

8/10

The 2021 Volvo XC40 had a traditional SUV styling with a tall, flat roof and upright rear hatch, fitting well within the Volvo family with its “Thor’s Hammer” LED headlights and simple oval grille. Gasoline models offered a white contrasting roof for a retro look. The XC40 Recharge, the electric variant, featured a blanked-off grille, subtle “Recharge” badging, and model-specific alloy wheels. It also had a gloss black roof and mirror caps, a different rear bumper, and a model-exclusive color—Sage Green Metallic. The interior was minimalist yet premium, with high-quality materials like Nappa leather and Nubuck textile, and a coherent design that melded elements like the portrait-oriented touchscreen and air vents into a pleasing whole.

The 2022 Hyundai Ioniq 5, the first vehicle of Hyundai's new Ioniq sub-brand, presented a polished exterior with minimal character lines and a unique Parametric Pixel design. This design was evident in the extensive use of pixelated LEDs in the headlights, taillights, and other lighting elements. The Ioniq 5's aerodynamic wheels and ornamental design extended into the fender flares, and the vehicle featured a set of five horizontal lines creating silver-contrast plastic bits around its bottom half. Inside, the Ioniq 5 had a “Living Space” theme with a mellow, comfortable interior available in black, gray, and dark green hues. The cabin featured sustainable materials, including recycled fibers and bio-materials, and offered a “Relaxation” mode for the driver’s seat, providing a zero-gravity resting position.

Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Picture of 2021 Volvo XC40
Performance

2021 Volvo XC40

8/10

2022 Hyundai Ioniq 5

8/10

The 2021 Volvo XC40 offered a three-tiered powertrain lineup, with the electric Recharge model at the top. The gasoline options included a 2.0-liter turbo four-cylinder engine with an eight-speed automatic transmission. The base FWD T4 had 187 horsepower and 221 pound-feet of torque, while the AWD T5 had 248 hp and 258 lb-ft. The Recharge model shared its powertrain with the Polestar 2, featuring one electric motor for each axle, providing AWD and a combined 402 hp and 486 lb-ft. The Recharge had a 78-kilowatt-hour battery pack, with 75 kWh of usable capacity, and could accelerate from zero to 60 mph in 4.7 seconds. The T5 and T4 models achieved the same sprint in 6.1 and 8.1 seconds, respectively. All versions were electronically limited to 112 mph. The Recharge emphasized quiet and comfort, with excellent ride quality even on rough roads, and was capable of one-pedal driving using regenerative braking. It also had a towing capacity of 2,000 pounds.

The 2022 Hyundai Ioniq 5 came in two drive configurations, three trims, and three powertrains. The base SE Standard Range had a single 128-kW rear-mounted electric motor with 168 horsepower and a range of 220 miles. The extended-range lineup included SE, SEL, and Limited RWD variants with a 168-kW rear motor producing 225 hp and 258 lb-ft of torque, offering a range of 303 miles. The AWD variants featured a dual-motor system with a 74-kW front motor and a 165-kW rear motor, providing a total of 320 hp and 446 lb-ft of torque, with a range of 256 miles. The Ioniq 5 handled well on various road conditions, with four drive modes including Sport mode, which re-tuned the torque split and added weight to the steering wheel. The vehicle also featured paddle shifters for adjusting regenerative braking levels and had a quiet cabin with noise-reducing features.

Form and function

2021 Volvo XC40

7/10

2022 Hyundai Ioniq 5

9/10

The 2021 Volvo XC40 Recharge had the same passenger and cargo space as the gasoline models, but it was not particularly spacious. It had less legroom and headroom compared to the Tesla Model Y and Ford Mustang Mach-E, and a smaller cargo area. The frunk was also small, with much of the space occupied by powertrain hardware. However, Volvo compensated with clever storage solutions, such as a removable trash bin in the center console, a bag hook in the glovebox door, and extra-large door bins due to the relocation of the Harman Kardon system's speakers to the dashboard. The storage cubby ahead of the shifter was well-shaped to hold a phone, and a wireless charging pad was optional.

The 2022 Hyundai Ioniq 5 sat on the Electric Global Modular Platform (E-GMP), offering a longer wheelbase and maximizing interior space and utility. It had a longer wheelbase than the seven-passenger Hyundai Palisade and was roomier than competitors like the Ford Mustang Mach-E and Volkswagen ID.4. The Ioniq 5 offered a total interior volume of 133.7 cubic feet, with a passenger volume of 106.5 cu-ft. The interior featured soft touch points and useable spaces, such as a moveable center armrest and cubby, and a modern take on the retro front bench seat. The leatherette seats were comfortable and supportive, with added bolsters for snug security.

Technology

2021 Volvo XC40

8/10

2022 Hyundai Ioniq 5

10/10

The 2021 Volvo XC40 Recharge featured the Android Automotive OS infotainment system, with Google apps like Google Assistant and Google Maps built-in. The system included Apple CarPlay, Android Auto, and Bluetooth connectivity, with a 9-inch touchscreen and a 12.3-inch digital instrument cluster. The Recharge also had OTA update capability for the infotainment system and other vehicle functions. It lacked a start button, allowing the driver to simply get in and shift out of park.

The 2022 Hyundai Ioniq 5 was equipped with a next-generation high-voltage, energy-dense system with vehicle-to-load capabilities. It supported ultra-fast charging, reaching 80 percent battery capacity in 18 minutes, and could charge other devices or vehicles. The Ioniq 5 featured a redesigned Blue Link connected car app, a digital key, enhanced smartphone pairing, AI-powered voice recognition, and OTA updates. It had 12.3-inch screens for the instrument cluster and infotainment, with an anti-glare coating for clear visibility.

Safety

2021 Volvo XC40

9/10

2022 Hyundai Ioniq 5

10/10

The gasoline 2021 Volvo XC40 received the highest “Top Safety Pick+” rating from the IIHS and a five-star overall crash-test rating from the NHTSA. The XC40 came with a long list of standard safety features, including lane-keep assist, blind-spot monitoring, automatic emergency braking, and more. The Recharge model had a safety cage around the battery and a redesigned front crash structure, with Volvo expecting it to perform well in crash tests.

The 2022 Hyundai Ioniq 5 featured Hyundai SmartSense, a suite of advanced driving assistance systems. Standard features included blind-spot monitoring, lane-departure warning, automatic high beams, and front- and rear-collision avoidance. The Ioniq 5 also had Hyundai Highway Drive Assist I, a Level 2 semi-autonomous driving system with machine-learning adaptive cruise control. It offered a head-up display with augmented reality overlays, although this feature could be distracting.

CarGurus highlights

Winning Vehicle Image

According to CarGurus experts, the overall rating for the 2021 Volvo XC40 is 8.0 out of 10, while the 2022 Hyundai Ioniq 5 scores 9.0 out of 10. Based on these ratings, the 2022 Hyundai Ioniq 5 is the recommended choice, offering superior technology, interior space, and performance.

CarGurus highlights

Winning Vehicle Image

According to CarGurus experts, the overall rating for the 2021 Volvo XC40 is 8.0 out of 10, while the 2022 Hyundai Ioniq 5 scores 9.0 out of 10. Based on these ratings, the 2022 Hyundai Ioniq 5 is the recommended choice, offering superior technology, interior space, and performance.

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By: CarGurus + AI

At CarGurus, our team of experienced automotive writers remain at the heart of our content operation, conducting hands-on car tests and writing insightful guides that are backed by years of industry experience. To complement this, we are harnessing AI to make our content offering more diverse and more helpful to shoppers than ever. To achieve this, our AI systems are based exclusively on CarGurus content, ratings and data, so that what we produce is both unique to CarGurus, and uniquely helpful to car shoppers.

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