Hyundai IONIQ 5 (2021-2024) vs Skoda Peaq

The Skoda Peaq costs £14,985 more than the Hyundai IONIQ 5. For that premium it adds 163 miles more WLTP range, 363 litres more boot space and 85 kW more power. On EVcarsguide's combined category scores, the Skoda Peaq comes out ahead overall.

The Hyundai IONIQ 5 is £14,985 cheaper to buy. Running costs are almost identical - about £152 a year either way, at 8,000 miles on an off-peak home tariff. Add 5 years of charging and the Hyundai IONIQ 5 comes out roughly £14,905 cheaper overall. These figures cover list price and home charging only - insurance, servicing, tyres and depreciation will move the real total.

EVcarsguide estimates a real-world motorway range of about 199 miles for the Hyundai IONIQ 5 and 335 miles for the Skoda Peaq - both below their WLTP figures, because sustained high speed is the hardest case for an EV. The Skoda Peaq goes roughly 136 miles further between charging stops. A rapid charge to 80% takes around 18 minutes in the Hyundai IONIQ 5 and 28 in the Skoda Peaq, so the Hyundai IONIQ 5 loses less time at each stop. So the Skoda Peaq stops less often while the Hyundai IONIQ 5 stops for less time - pick on which you would rather do.

The two are within 23 mm on width, so neither is meaningfully easier to thread into a tight space. In a standard 2,400 mm bay that leaves about 533 mm of total clearance for the Skoda Peaq and about 510 mm of total clearance for the Hyundai IONIQ 5. The Skoda Peaq also turns in a 0.6 m tighter circle, which helps with U-turns and multi-storey ramps.