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Home>>News>>Exploring the Hyundai Ioniq 5: A Detailed Review of Performance, Features, and Comparisons
This Is The First Hyundai Ioniq 5 Review In English
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Exploring the Hyundai Ioniq 5: A Detailed Review of Performance, Features, and Comparisons

Ali Hassan
April 24, 20210

On the occasion that you were interested in understanding how the Hyundai Ioniq 5 handles and performs, you won’t need to wait any longer. Ironically, the first English review appeared on the Petrolhead YouTube channel—a name that more commonly evokes a passion for internal combustion engines. Considering the Electroheads title was already taken and Charlie Min thoroughly enjoyed the electric crossover, we can let this slide.

Charlie Min’s Experience

Editor-in-Chief Behind the Wheel

Charlie Min, the editor-in-chief of the YouTube channel, had the opportunity to drive the Ioniq 5 for two hours in South Korea. His car was equipped with a single engine located at the rear, and he was impressed with how quickly the Hyundai responded with its instant torque.

Innovative Features

The Hyundai Ioniq 5 that Min drove featured an augmented reality head-up display and cameras instead of traditional rear-view mirrors. While showcasing all the storage spaces inside the car while driving, Min did cause some concern—keeping one’s eyes on the road is crucial!

The Test Drive

Hyundai organized a fascinating test drive. One of the stops included a demonstration at the banks of the Han River, showcasing the V2L (Vehicle-to-Load) system and various accessories, including an impressive tent. Camping with the Ioniq 5 should be straightforward, even if you don’t have a lot of equipment that requires power from its batteries.

Driving Modes and Regenerative Braking

One-Pedal Driving

The Ioniq 5 features one-pedal driving, a fantastic option for range tests, as it significantly helps test drivers. Discovering which regenerative braking level preserves the most energy could lead to an interesting article.

Comparison with Tesla Model Y

Min believes that the Ioniq 5 offers a much more comfortable ride compared to the Tesla Model Y. He also mentioned that it is a quiet car, although you can hear some wind noise at higher speeds. Another interesting aspect of the vehicle is that it shows both the range you have with air conditioning on and the range without it.

Fast-Charging Capabilities

The final part of the video demonstrated how Hyundai’s fast-charging stations work. We’ve previously covered this in another article, and it appears Min visited the same station. Upon his return, the car had 59% charge, providing 84 km more range than before.

Conclusion

For those interested in how the Hyundai Ioniq 5 performs and handles, you no longer need to wait. The Ioniq 5 should make camping trips easy, even without a lot of equipment needing its battery power. Min believes the Ioniq 5 offers a more comfortable ride compared to the Tesla Model Y, and he demonstrated its fast-charging capabilities effectively.

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According to an executive from one of America's top auto retailers, the scorching used car market shows signs of slowing down. On Friday's CNBC's "Worldwide Exchange", Jeff Dyke, president and CEO of Sonic Automotive said that new car inventories would improve over the coming months. It will help to reduce the inventory problems that are occurring on the pre-owned side. According to Edmunds data, the average transaction price of a used car in the second quarter 2021 was $25,410. This is an increase from $22,977 the first quarter and 21% over the previous year. Edmunds' highest-ever average price for a used vehicle over a quarter is this figure. Dyke said that there are signs the market is stabilizing. Prices dropped as high as $2,000 on a used car in July, as new cars are starting to come on the market. "Right now we have an eight-to nine-day supply on the ground of new cars. Dyke stated that if you consider our BMW brand, which we have 15 stores, we'll have a 25 to 30-day supply. This will allow us to begin regenerating preowned inventory for all dealers and help with the pricing. We have never before seen an inversion where wholesale prices are higher than retail prices. But that's coming to an end. New car buyers will be more likely to sell their vehicle to dealers and retailers due to the increased value of trade-in options. Edmunds reports that the average trade-in value for a used vehicle was $21,224 in June, an increase of 75.6% over the previous year. Edmunds reports that the average cost for a new car was $40,827 in the second quarter, up from $40,000.70 in the first quarter. This is a 5% increase over the previous year. The shortage of semiconductor chips has caused a slowdown in new car production. This problem is still lingering. General Motors stopped most of its U.S.- and Mexican full-size pickup trucks, including the Chevrolet Silverado (and the GMC Sierra) production last week. According to the company, production is expected to resume next week. Ford also saw a reduction in North American vehicle production from July to August, due to a lack of chips. This affected vehicles such as the Ford F-150 and Bronco Sport, as well as Explorer. According to the company's earnings, supplies of critical parts are improving. However, it lost 700,000 vehicles in the second quarter. Ford had predicted that the semiconductor shortage would have an adverse impact of $2.5 billion in April. However, it did not provide any update on last week's report. Dyke stated that he expects the chip shortage to "alleviate" in the next months, but companies such as Sonic Automotive who sell used cars have found the tight supply to be a benefit. Sonic Automotive's second quarter ended June 30 saw $3.4 billion in revenue, an increase of 58.7% over the previous year and a quarterly record. Particularly, the revenue from used vehicles increased 56.6% year over year. EchoPark Automotive, which sells pre-owned cars, set a new quarterly record with $595.6million in revenue. This is an increase of 88.9% over the previous year. Retail sales volume increased by 68.9% over the previous year. Sonic Automotive announced that it will be conducting a strategic review on EchoPark. This is due to the success of the division, as well as confidence in the runway for expansion. Sonic Automotive said that it is exploring all options, including the possibility of spinning off the division as a public company. In recent years, several other used-car chains went public including Vroom in 2020 and Carvana in 2017. CarMax, America's largest used car dealer, saw its revenue rise 138.4% year over year to $7.7 Billion in its 2022 fiscal 1 quarter. The quarter saw the company sell 452,188 units via its wholesale and retail channels, an increase of 128% over the previous year. News

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