Compare The Volvo EX40 Vs. Hyundai IONIQ 5

Volvo EX40 vs. Hyundai IONIQ 5: Which EV Comes Out on Top?

Purchasing your next EV is easy when you look at our Volvo EX40 vs. Hyundai IONIQ 5 comparison. Both models do an excellent job of reducing your carbon footprint. However, the Volvo EX40 shines as an incredibly high-value compact SUV, featuring safety sensors and interior comforts that you may not find on the standard Hyundai IONIQ 5.

Let's explore what makes the Volvo EX40 the best pick before your visit to Principle Volvo Cars San Antonio.

Volvo EX40 vs. Hyundai IONIQ 5 Specs

The Volvo EX40 always has the edge on horsepower and torque compared to its Hyundai competitor. The Volvo EX40 standard engine produces 248 horsepower, while the Hyundai IONIQ 5 starts at a much lower 168 horsepower. Even with the Hyundai SUV's high-end dual motor powertrain, the Volvo EX40 still leads in power, ensuring a more responsive drive.

When it comes to range, the Hyundai does have the higher possible range, but you have to invest in a non-standard trim to get more than 245 miles.¹ The Volvo EX40 provides a max of 296 miles.²

Volvo EX40 vs. Hyundai IONIQ 5 Passenger Capacity & Dimensions

At 174.8 inches, the Volvo EX40 is designed for nimble maneuvering, swift commutes, and easy city parking. The Hyundai IONIQ 5 is 183.3 inches long, though it is more compact in width and height.

Both SUV models are roomy, but with its greater length, you'd think the Hyundai IONIQ 5 would have an advantage in interior space. However, cargo capacity is nearly the same, with the Hyundai maxing out at 58.5 cubic feet and the Volvo EX40 at 57.5 cubic feet. The Volvo SUV also offers similar front-row legroom (40.9 inches vs. 41.7 inches in the Hyundai IONIQ 5).

Volvo EX40 vs. Hyundai IONIQ 5 Trims & Interior

The Hyundai IONIQ 5 has a distinct disadvantage: its trim lineup. It offers five trims:

• SE Standard Range
• SE
• SEL
• Limited
• XRT

As a result, you get a variety of interiors with the Hyundai lineup, with specific trims offering features like eight-way passenger seats or a Bose® premium audio system, but usually requiring a top trim level in order to get all of your preferred features.

The Volvo EX40 has none of those headaches by offering a single, extensive trim level – the Plus. This gives you immediate access to Volvo comfort seats, a high-performance audio system, a full suite of Google built-in features, a gorgeous charcoal headliner, and a remote key.

Volvo EX40 vs. Hyundai IONIQ 5 Safety Features

As for safety, both models have a strong suite of safety technology. However, the Hyundai IONIQ 5 hides so many of its strongest features behind higher trim levels. For example, if you want a Surround View Monitor or Side Parking Assistance, you'll have to go for the Limited or XRT.

Then there's the Volvo EX40 that comes standard with a truly confidence-inspiring array of features, including Front, Side, and Rear Parking Assist, a 360-Degree Camera, Whiplash injury protection, the intuitive BLIS™ and Cross Traffic Alert system to cover your blind spots, and so much more.

What Does Reddit Think About the Volvo EX40 vs. Hyundai IONIQ 5 Comparison?

Drivers like you have been able to explore the high quality of the Volvo EV for years. See a handful of those positive experiences here.

Quick_Turnover

"I bought an XC40R Twin Ultimate about two weeks ago and man, I have been absolutely loving it. I seriously find myself thinking "Man I love this car". Fit and finish is just so clean and feels so premium, ride quality is great, it's quiet, the tech is good (imo), buttons and other physical UI feel intuitive and nice."

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rokkshark

"Xc40 twin plus here. Absolutely love it to bits. Tons of room, fast as hell, super responsive driving experience. In car ui is the best I've experienced. Love the nav system. Quality of build and interior is extremely high."

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PresentationDismal78

"I bought the XC40 Recharge Ultimate after falling in love with it. It was a bit more than the top trim Ioniq 5, but the performance and handling of the Volvo hooked me. I still get a smile on my face when I think about taking it for a drive."

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Expert Review

Many EV makers try to position their cars as some seemingly unknowable, futuristic thing. It's a trend many drivers – and many on our team – have grown tired of. The IONIQ 5 doesn't seem to care: It's trying to be something from the future while the Volvo EX40 lives in the moment. Right now, the Volvo EX40 boasts a longer standard range, more luxury features, and effectively the same cargo space, despite having a much smaller exterior footprint. The Hyundai IONIQ 5 is also a Hyundai vehicle, not a luxury SUV from Volvo Cars.

Bryan Barton, General Manager

See the Winner of the 2026 Volvo EX40 vs. Hyundai IONIQ 5 Comparison at Principle Volvo Cars San Antonio

We want your EV experience to be as dynamic, comfortable, and safe as possible, which is why we recommend the Volvo EX40 over its Hyundai competitor; however, we understand there may be other candidates to consider. If you want to see just how proficient this model is against the competition, our Volvo EX40 vs. Audi Q4 e-tron comparison shows how its versatility and standard-feature lineup stand up to another luxury brand.

Frequently Asked Questions

Which has more cargo space: the Volvo EX40 or the Hyundai IONIQ 5?

While the Hyundai IONIQ 5 has a bit more cargo space, it's a very close matchup. The Volvo SUV is much shorter than the Hyundai EV, measuring a compact 174.8 inches in length. The maximum cargo capacity (not including the trunk) of 57.5 cubic feet, compared to the 58.5 cubic feet in the Hyundai EV, is quite impressive given the difference in vehicle length.

What are the available safety features in the Volvo EX40 and the Hyundai IONIQ 5?

Both SUVs provide similar options, such as Blind-Spot View Monitor, a 360-Degree Camera, and Lane-Keeping Assistance; however, the Volvo EX40 equips you with this comprehensive suite of safety features immediately, so you don't have to worry about unlocking higher packages, unlike the Hyundai IONIQ 5.

How do the sizes of the Volvo EX40 and the Hyundai IONIQ 5 compare?

The Volvo EX40 is the more compact EV, serving as a commuter vehicle, while the Hyundai IONIQ 5 is slightly larger. At 174.8 inches long, 75.2 inches wide, and 65 inches tall, the Volvo EX40 sits firmly in the compact category, making it easy to park in busy cities. The Hyundai SUV is longer, but has a lower width and height, and surprisingly similar cargo space.

Discover More Volvo Research In San Antonio, TX:

¹All figures are EPA estimates and based on a fully charged battery. For comparison purposes only. Battery capacity decreases with time and use. Actual range will vary based on a number of factors, including vehicle options, driving conditions and habits, vehicle and battery's condition, battery temperature and outside temperature.

²EPA-estimated 118 city /94 highway/ 106 combined for single motor variant. EPA-estimated 103 city/ 85 highway/ 94 combined for twin motor variant. Use for comparison purposes only. Your range and MPGe will vary for many reasons, including but not limited to, driving conditions, how and where you drive, how you maintain your vehicle, battery-package/condition, and other factors. Visit fueleconomy.gov for further information.