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Volvo EX40 vs Hyundai IONIQ 5 - Differences and prices compared

Compare performance (402 HP vs 320 HP), trunk space and price (52,500 $ vs 41,800 $ ) at a glance. See which model fits your needs and budget better – Volvo EX40 or Hyundai IONIQ 5?

Volvo EX40 vs Hyundai IONIQ 5: Key differences

Volvo EX40

  • markedly more power
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Hyundai IONIQ 5

  • clearly cheaper
  • somewhat lighter
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Here’s where it gets real: The technical differences in detail

EX40

Costs and Efficiency:

Price and efficiency are key factors when choosing a car – and this is often where the real differences emerge.

Hyundai IONIQ 5 is clearly cheaper – starting at 41,800 $ , while the Volvo EX40 costs 52,500 $ . That’s a price difference of around 10,700 $.

IONIQ 5

Engine and Performance:

Under the bonnet, it becomes clear which model is tuned for sportiness and which one takes the lead when you hit the accelerator.

When it comes to engine power, the Volvo EX40 offers markedly more power – delivering 402 HP compared to 320 HP. That’s roughly 82 HP more horsepower.

There’s also a difference in torque: the Volvo EX40 delivers very slightly more torque with 494 lb-ft compared to 446 lb-ft. That’s about 48 lb-ft more.

EX40

Space and Everyday Use:

Cabin size, boot volume and payload all play a role in everyday practicality. Here, comfort and flexibility make the difference.

Both vehicles offer seating for 5 people.

In terms of curb weight, Hyundai IONIQ 5 is somewhat lighter – 3,968 lbs compared to 4,679 lbs. The difference is around 711 lbs.

Who wins the race in the data check?

The Hyundai IONIQ 5 has only a minor advantage in the objective data comparison.
This result only shows which model scores more points on paper – not which of the two cars feels right for you.

from $41,800
IONIQ 5

Hyundai IONIQ 5

  • Engine Type : Electric
  • Transmission : Automatic
  • Drive Type : Rear Wheel, All Wheel
  • Power HP : 168 - 320 HP
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Costs and Consumption
View detailed analysis

Engine and Performance
View detailed analysis

Dimensions and Body
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General
View detailed analysis

Volvo EX40

The Volvo EX40 stands out as a compelling entry in the compact electric SUV segment, embodying Volvo's commitment to sustainability and cutting-edge Scandinavian design. With its sleek lines and an interior crafted from eco-friendly materials, this vehicle offers a stylish and responsible driving experience. Focusing on safety and technology, the EX40 sets a new standard for what drivers can expect from a modern urban SUV.

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Hyundai IONIQ 5

The Hyundai Ioniq 5 blends retro-futurist style with a lounge-like cabin, making everyday drives feel calm, cool, and quietly confident. Snappy off-the-line punch, swift charging, and clever family-friendly packaging make it an EV that wins hearts and heads without trying too hard.

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Volvo EX40
Hyundai IONIQ 5

Costs and Consumption
Price
52,500 - 60,800 $
Price
41,800 - 57,400 $
FuelEconomy City
-
FuelEconomy City
-
FuelEconomy Hwy
-
FuelEconomy Hwy
-
Electric Range
-
Electric Range
-
Battery Capacity
-
Battery Capacity
-
Fuel tank capacity
-
Fuel tank capacity
-

Dimensions and Body
Body Type
AWD Sport Utility, RWD Sport Utility
Body Type
SUV
Seats
5
Seats
5
Doors
-
Doors
-
Curb weight
4,679 - 4,780 lbs
Curb weight
3,968 - 4,663 lbs
Trunk Volume
-
Trunk Volume
-
Length
174.8 in.
Length
182.5 in.
Width
75.2 in.
Width
74.4 in.
Height
65 in.
Height
63 in.

Engine and Performance
Engine Type
Electric
Engine Type
Electric
Transmission
Automatic
Transmission
Automatic
Drive Type
All Wheel, Rear Wheel
Drive Type
Rear Wheel, All Wheel
Power HP
248 - 402 HP
Power HP
168 - 320 HP
Torque
310 - 494 lb-ft
Torque
258 - 446 lb-ft
Number of Cylinders
-
Number of Cylinders
-
Engine Displacement
-
Engine Displacement
-
Gears
-
Gears
-

General
Model Year
2025
Model Year
2024
Brand
Volvo
Brand
Hyundai
How much does the Volvo EX40 cost?

Base pricing begins at 52,500 $.

DriveDuel uses data analysis and artificial intelligence to evaluate vehicle data and create content. Content is regularly reviewed and improved. Prices shown are manufacturer suggested retail prices (MSRP). Taxes, registration fees and dealer charges are not included.