Lexus NX vs Hyundai Ioniq 5

The NX is the compact crossover SUV of the Lexus lineup. It’s between the Lexus UX and Lexus RX in size and price, and competes with small luxury crossovers like the Acura RDX, Audi Q5, BMW X3, Genesis GV70, Mercedes-Benz GLC-Class, and Volvo XC60. This second-generation version arrived for the 2022 model year and receives minimal updates for 2026. The previous NX 250 base model is gone, but Lexus made some changes to the lineup to make the hybrid and plug-in hybrid NX models more affordable.

Verdict: The NX is a good value in hybrid form, but otherwise doesn’t feel like a true luxury vehicle.

It would appear to be the calendar, not the competition, that has the Ioniq 5 due for a mid-cycle refresh. We liked it when it burst onto the scene as an angular oddball in a sea of soft-lined sameness, and it has only improved over the last few years.

Verdict: Hyundai makes minor but welcome changes and avoids tweaking the many things that were working well, successfully making a good thing better.