Crossover EVs like the 2022 Hyundai Ioniq 5 and 2023 Cadillac Lyriq combine premium speed with a battery-powered performance. Both of these all-new midsize crossover EVs also treat passengers to a very luxurious ride. Which should you choose? Let’s take a look.
For a great deal on a premium crossover EV, choose the 2022 Hyundai Ioniq 5. We expect this all-new model to start around $38,000. The upcoming 2023 Cadillac Lyriq will be much more expensive, with a MSRP of approximately $60,000.
As a luxury crossover EV, the Lyriq will be the more powerful option. Its standard 100-kWh battery pack will generate 340 horsepower for a very punchy takeoff. And Cadillac estimates that drivers will get about 300 miles between battery charges.
The Hyundai Ioniq 5 comes standard with a 77.4 kWh battery that powers a rear-wheel-drive motor (225 hp, 258 lb-ft). We’re still waiting on EPA ratings for the Ioniq 5, but we know Hyundai is also shooting for 300 miles of battery range for rear-wheel-drive models.
An all-wheel-drive version of the Ioniq 5 is also available. Its dual-motor setup creates a more powerful ride (320 hp, 446 lb-ft).
Not only is the Ioniq 5 built to last, but it also comes with one of the longest-lasting warranties available today:
Although Cadillac hasn’t announced exact warranty details for the Lyriq, we expect they’ll be similar to that of Chevy’s EV models:
While we won’t see a 2023 Cadillac Lyriq on the road for a while, the 2022 Hyundai Ioniq 5 is out now! Although the Lyriq is expected sometime during the first half of 2022, an exact date hasn’t been set. Worse yet, reservations for the 2023 Lyriq are full, so if you aren’t already expecting a delivery, you have even longer to wait.
The 2023 Cadillac Lyriq has undeniable appeal. However, if you’re looking for a small crossover EV that can save you money without skimping on luxury or in-car technology, the 2022 Hyundai Ioniq 5 should be your first choice.