Hyundai IONIQ 5 N vs Porsche Taycan (2020-2024)

The Porsche Taycan costs £17,567 more than the Hyundai IONIQ 5 N. On the headline specs that premium buys little measurable advantage - the two are closely matched on range, charging and space. The Hyundai IONIQ 5 N is not just cheaper - it also offers 25 miles more WLTP range, 73 litres more boot space and 88 kW more power. On EVcarsguide's combined category scores, the Hyundai IONIQ 5 N comes out ahead overall.

The Hyundai IONIQ 5 N is £17,567 cheaper to buy. Running costs are almost identical - about £208 a year either way, at 8,000 miles on an off-peak home tariff. Add 5 years of charging and the Hyundai IONIQ 5 N comes out roughly £17,607 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 232 miles for the Hyundai IONIQ 5 N and 211 miles for the Porsche Taycan - both below their WLTP figures, because sustained high speed is the hardest case for an EV. The Hyundai IONIQ 5 N goes roughly 21 miles further between charging stops. A rapid charge to 80% takes around 27 minutes in the Hyundai IONIQ 5 N and 18 in the Porsche Taycan, so the Porsche Taycan loses less time at each stop. So the Hyundai IONIQ 5 N stops less often while the Porsche Taycan stops for less time - pick on which you would rather do.

The two are within 26 mm on width, so neither is meaningfully easier to thread into a tight space. In a standard 2,400 mm bay that leaves about 460 mm of total clearance for the Hyundai IONIQ 5 N and about 434 mm of total clearance for the Porsche Taycan. The Porsche Taycan also turns in a 0.3 m tighter circle, which helps with U-turns and multi-storey ramps.

Over a 8-year ownership window EVcarsguide's degradation model projects roughly 89% battery health for the Hyundai IONIQ 5 N and 84% for the Porsche Taycan. That gives the Hyundai IONIQ 5 N a modest edge in retained real-world range. Both use NMC-type cells, so for daily use keep the charge limit near 80% to slow degradation. Both batteries carry a 8-year manufacturer warranty.