Hyundai IONIQ 5 vs Tesla Model Y Comparison 2026: Price, Mileage, Features

Comparison overview: The Hyundai IONIQ 5 starts at ₹55.70 L and the Tesla Model Y at ₹50.89 L, a difference of ₹4.81 L ex-showroom. On-road in New Delhi that gap becomes roughly ₹5.34 L. Here is what the extra money actually buys.

Engine and performance: The Hyundai IONIQ 5 uses a Permanent magnet synchronous Electric making 225bhp and listed torque with Automatic. The Tesla Model Y uses a Permanent magnet synchronous Electric making 295bhp and listed torque with Automatic.

Mileage and running cost: The Hyundai IONIQ 5 Electric Automatic is rated at 690 km and the Tesla Model Y Electric Automatic at 622 km. At 1,000 km a month, the Hyundai IONIQ 5 saves you about ₹1.2675334358544195 a month and ₹15.210401230253034 a year on fuel.

What one gives that the other does not: The Hyundai IONIQ 5 adds Child Safety Locks, Day & Night Rear View Mirror, Traction Control, Speed Alert and Pretensioners & Force Limiter Seatbelts. The Tesla Model Y adds Boot Opening, Automatic Emergency Braking, Lane Departure Prevention Assist, Acceleration 0-100kmph and Height Adjustable Front Seat Belts. The rest of both spec sheets is shared.

Which one should you buy?

Buy the Tesla Model Y if you drive mostly in the city, you want the lower running cost, and you would rather keep the ₹4.81 L for your down payment than spend it on features.

Buy the Hyundai IONIQ 5 if you do regular highway runs, you carry luggage or a pram often, and you want Anti-lock Braking System (ABS) without waiting for the next facelift.

The one thing that settles it: Hyundai IONIQ 5 offers Child Safety Locks.

Before you sign anything:

Ex-showroom price is not what you pay. Add registration, road tax, insurance and handling, and expect the final figure to land ten to twelve percent higher. Road tax changes state to state, so a car that costs the same in two cities does not cost the same to own.

Ask the dealer four things before you book. What is the current waiting period for the variant you want. What is the on-road figure.

Then drive both cars back to back on the same day, on a road you actually use. Take your family. Put your usual luggage in the boot. Most people decide in the first ten minutes, and it is rarely for the reason they expected.