Battle of EVs: Genesis GV60 vs Hyundai Ioniq 5

The Genesis GV60 and the Hyundai Ioniq 5 share the same EV platform. Does the GV60 earn the extra $12,000?
Written by Andrew Koole
Reviewed by Kathleen Flear
Aug 30, 2022
The Genesis GV60 and the Hyundai Ioniq 5 are remarkably similar. Made by the same company, both
electric vehicles
share the same platform, hold a similar shape, and carry the same number of occupants.
So why then is the Ioniq 5 $12,000 cheaper?
Jerry
, your car insurance
super app
, took a closer look at each EV’s details to find out.

Genesis GV60—a luxury-EV sophistication

The Genesis GV60 might share its platform with the Hyundai Ioniq 5 and
Kia EV6
, but you’ll find very little else in common with the other two models.
From its active suspension to its standard
driver-assist features
and head-up display, the GV60 gives you all the plushness of a top-trim Ioniq 5 without having to pay for upgrades. 
Optional upgrades can bring your GV60 up another level inside as well. Most impressive is the Bang & Olufsen 17-speaker sound system, a door that uses a facial recognition system for unlocking the EV, and a fingerprint-scanning starter.
Even the platform performs better for the GV60. Thanks to a few tune-ups,
The Car Connection
(TCC) says the GV60 offers 100 more horsepower than the Ioniq 5, bumping the number up to 429 hp.

The Hyundai Ioniq 5 holds its own

The Hyundai might not have the same tech options or access to power as the GV60, but a few characteristics make it a legitimate rival to its luxurious cousin.
For one thing, despite having less power, the Ioniq 5 feels better on the road, according to TCC. It’s also slightly longer, offering a little more cargo space than the
luxury EV
Most importantly, because the Ioniq 5 is about 200 pounds lighter than the GV60 and uses its 7.4-kWh EV battery pack more efficiently, it has a longer approximate range than the more expensive EV, managing 256 miles compared to the GV60’s 235 miles.
On top of that, many of the tech features found in the GV60 can be added to the Ioniq 5. Automatic emergency braking and active lane control come standard, and for a price, you can add blind-spot monitors and camera displays, a surround-view camera system, and an advanced adaptive cruise control system.

Genesis GV60 vs Hyundai Ioniq 5: coverage compared

It’s still a little early to get specific data on average car insurance rates for the Genesis GV60 and Hyundai Ioniq 5, but a look at each brand’s average gives a pretty good indication of where things are headed.
The average annual premium for a Hyundai is $1,815—exactly $100 cheaper than the average rate for a Genesis. So if you have the GV60 in your sights, chances are car insurance won’t be the thing convincing you to get an Ioniq 5 instead.
Still, differences in rates between providers are much more significant than they are between makes or models, so the best way to save on car insurance is to shop for quotes. Jerry makes that process easy.
A licensed broker that offers end-to-end support, the Jerry app gathers affordable quotes, helps you switch plans, and can even help you cancel your old policy.
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National General
Allstate
AAA
Aig
Chubb
ClearCover
CSE
Dairyland
DirectAuto
Elephant Auto Insurance
Kemper
Libertymutual
Gainsco
Mapfre
Mercury Auto
Metromile
Nationwide
Plymouth Rock
Progressive
State Auto
Safeco
Travelers
Metlife
Bristol West

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