Review · Hyundai
Hyundai Ioniq 5 Review Canada 2026
Everything you need to know about the Hyundai Ioniq 5 for Canada — pricing, range, specs, winter performance, and how it compares to the competition.
Starting Price
$55,499
CAD (est.)
Range
480 km km
WLTP
0-100 km/h
5.2 s (0-100 km/h)
seconds
Battery
84 kWh NMC
kWh
Overview
The Hyundai Ioniq 5 is a suv from Hyundai, one of China's leading EV manufacturers.
With a range of 480 km km on the WLTP cycle, the Ioniq 5 offers excellent range for Canadian conditions. In winter temperatures around -20°C (common in cities like Montreal, Ottawa, and Winnipeg), expect approximately 360 km of real-world range — a 25% reduction that is standard across all EVs.
At an estimated $55,499 CAD, the Ioniq 5 positions itself as a strong value proposition in the Canadian market.Note that Chinese EVs are not eligible for the federal EVAP rebate. Provincial incentives vary — Quebec's Roulez Vert offers $2,000 for eligible models, while Manitoba explicitly excludes China-built EVs from its rebate program.
Key Highlights
800V architecture — 10-80% in 18 minutes
World Car of the Year winner
Vehicle-to-load (V2L) power outlet
Full Specifications
| Range (WLTP) | 480 km km |
| Battery Capacity | 84 kWh NMC kWh |
| 0-100 km/h | 5.2 s (0-100 km/h) s |
| Top Speed | 185 km/h km/h |
| Power | 168 kW (225 hp) |
| Drivetrain | RWD |
| Fast Charging | 240 kW DC |
| Seats | 5 |
| Cargo | 527 L L |
| Weight | 1985 kg kg |
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Frequently Asked Questions
Is the Hyundai Ioniq 5 available in Canada?
Not yet for retail sale, but the trade path is open: since March 1, 2026, Chinese-built EVs enter Canada at a 6.1% tariff (replacing the former 100% surtax) within a federal quota of 49,000 vehicles per year. Hyundai is building out its dealership network, with the first Canadian retail sales targeted for late 2026. No exact on-sale date has been announced.
How much will the Hyundai Ioniq 5 cost in Canada?
The estimated Canadian price for the Hyundai Ioniq 5 is $55,499 CAD. Chinese EVs are not eligible for the federal EVAP rebate ($5,000), but provincial incentives may apply (e.g., Quebec $2,000, PEI $4,000, Yukon/Northwest Territories $5,000).
What is the range of the Hyundai Ioniq 5?
The Hyundai Ioniq 5 offers 480 km km of WLTP range. In Canadian winter conditions (-20°C), expect approximately 360 km (25% reduction). LFP batteries in BYD vehicles are particularly resilient in cold weather.
How does the Hyundai Ioniq 5 compare to Tesla?
The Hyundai Ioniq 5 offers competitive pricing ($55,499) compared to similar Tesla models. Key advantages include advanced battery technology and typically better value. Tesla offers a larger charging network and stronger brand recognition in Canada.