The Ford Mustang has been an American classic for decades and shows no signs of stopping, even as an SUV EV. Let’s break down the details between the sporty 2024 Ford Mustang Mach-e, and a formidable foe, the 2024 Hyundai IONIQ 5.
Key Takeaways:
- The Mustang Mach-E is an SUV EV that tips its hat to the classic Mustang car and features a few of the same design touches.
- This Ford EV line is less expensive than Hyundai’s IONIQ 5 trim packages.
- The Mach-E is a more powerful SUV than the IONIQ.
Is the 2024 Ford Mustang Mach-E Powerful?
The Ford Mustang Mach-E features a standard single engine that generates up to 290 horsepower and 317 pound-feet of torque, while the Hyundai IONIQ 5 does not hit those numbers with its standard single-motor—it delivers 225 horsepower and 258 pound-feet of torque.
If the Mach-e is outfitted with dual-motor powertrains and all-wheel drive capability, its GT Performance package cranks out 480 ponies and 634 pound-feet of torque. In comparison, when outfitted the same way, the Hyundai IONIQ 5 provides only up to 320 horsepower and 446 pound-feet of torque.
What Trims are Available For the 2024 Ford Mustang Mach-E?
The Mustang Mach-E has four trim levels to the Ioniq’s five trims. Although the IONIQ has slightly more options, the Mach-E’s trims are less expensive.
- Select: $39,8951
- Premium: $42,8951
- California Route 1: $48,8951
- GT: $52,3951
The the 2024 Hyundai IONIQ 5’s MSRPs are:
- SE Standard Range: $41,800
- SE: $45,850
- SEL: $47,400
- Limited: $53,500
- D100 Platinum Edition: $59,400
In addition to the Mach-E options above, even more new variants are headed our way this year —the GT has a new Bronze Design Series Appearance Package and the Rally, a new off-road-themed version of GT, has been introduced to the market.
Both the Mach-E and IONIQ are eligible for federal tax credits, which can lighten the load on your wallet. Just a reminder—EV tax credits aren’t instantaneous, and some owners without a large enough tax burden may not get the entire credit amount.
Is the 2024 Ford Mustang Mach-E Similar to the Normal Mustang?
Both the 2024 Hyundai IONIQ 5 and the 2024 Mustang Mach-E have more one tire firmly dipped in future, as both boast modern aerodynamic curves, but the Mustang has something that no other EV will ever have—a storied reputation. The Mustang has always been synonymous with “cool,” and that vibe continues in Ford’s mighty SUV EV.
The Mustang’s legendary (albeit redesigned) front grille with prancing pony emblem remains front and center, and its rear tail lights are reminiscent of the three-bar Mustang tail lights of decades past. You never forget you’re taking part in a huge legacy, even one that has been revamped and repacked for the 21-century.
What Technology Is Seen From the 2024 Ford Mustang Mach-E?
Ford did not skimp on elegance in its EV, which now offers multiple screens with physical buttons for a new but nostalgic feel. The Mach-E delivers on luxury and convenience. Included is a 10.2-inch digital gauge cluster and a massive 15.5-inch touchscreen infotainment system with SYNC 4A, Apple CarPlay and Android Auto.
The IONIQ 5 has equivalent features. Hyundai's Blue Link app allows occupants to control many of the SUV’s functions, as well as Apple CarPlay and Android Auto connectivity, with a 12.3-inch touchscreen infotainment system.
Is the 2024 Ford Mustang Mach-E Better Than the 2024 Hyundai Ioniq 5?
The Mustang Mach-E and IONIQ 5 are two great affordable options for you and your family. So which should you choose? The Mustang appears to be the clear winner, with its storied reputation, power and affordable price. Stop into Banner Ford and experience this fine SUV for yourself!