Choosing from the long list of electric vehicles today is a challenging task. So many are available from different automakers, each with advantages over the others. That’s why we turn to experts like Kelley Blue Book to uncover the best models to buy each year. For 2023, KBB’s best new model is an electric vehicle, the 2023 Hyundai Ioniq 5. What makes this brand-new EV better than any other new offering for the 2023 model year?

KBB’s best new model of 2023: Hyundai Ioniq 5

Kelley Blue Book says the best new model to buy in 2023 is the 2023 Hyundai Ioniq 5. For the first time, an electric vehicle is one of the best new options in the market. The publication says it was so impressed by the Ioniq 5 during the Best Buy Awards testing that it earned the best electric vehicle and best new model trophies.

KBB had this to say about the Hyundai EV: “(The Ioniq 5) exemplifies how easy it can be now to go all-electric, boasting the kind of impressive range and tech features that consumers have come to expect, and offering terrific value relative to the competition.”

The reviewers loved the spacious interior, and the extended dashboard stood out above other models. While a long, screen-filled dash is common now, especially with EVs, the Ioniq 5 did it right. Additionally, the all-electric range rivals some of the best in the market. KBB said the Hyundai EV went from a 10% charge to 80% in as little as 18 minutes.

The best electric vehicle of 2023 has many standard features

Next, Kelley Blue Book awarded the Hyundai Ioniq 5 the best new model trophy and the best EV. It has more than 300 miles of range, a roomy and techy interior, and a shockingly low starting price. The Ioniq 5 easily stood out from the competition in many ways.

For just $42,745, the Hyundai is really well-equipped. It comes with LED headlights, a battery heating system, DC fast-charging capability, keyless entry, push-button start, dual-zone automatic climate control, a leather-wrapped steering wheel, heated front seats, a power-adjustable driver’s seat, cloth upholstery, a navigation system, a 12.3-inch touchscreen, six speakers, and Apple CarPlay/Android Auto.

Additionally, every Ioniq 5 uses a suite of driver aids to help keep owners safe. It contains forward collision warning with automatic braking, adaptive cruise control, intersection collision mitigation, blind-spot warning with rear cross-traffic warning, blind-spot intervention, and a lane-keeping system.

2023 Hyundai Ioniq 5 has a reasonable starting price

One of the reasons it’s so easy to say the 2023 Hyundai Ioniq 5 is the best new model and best electric vehicle is its reasonable starting price. As with all EVs, the new Hyundai is instantly compared to Tesla models. Looking at the pricing, it’s clear that the Ioniq 5 is far more accessible than any Tesla. The SE Standard Range model starts at $42,765, while the range-topping Limited trim is just $53,895. Compare that to the cheapest Model 3 in the Tesla lineup, which starts at over $48,000.

It’s clear that the Hyundai is cheaper but provides a lot of value. The base models are well-equipped, and the highest trims are a borderline luxury. A panoramic sunroof, ventilated front seats, a two-way charging system, a Bose premium audio system, 20-inch wheels, an automated parking system, and a 360-degree camera system make it rival more costly EVs.

KBB’s best new model of 2023 is the Hyundai Ioniq 5

In conclusion, the best buy of 2023 for the electric vehicle category and the best new model of 2023 from KBB is the 2023 Hyundai Ioniq 5. Continuing to rack up awards, the Hyundai EV is one of the best new models available. It has a great driving range, many features, and a low starting price. With excellent value, safety, and a unique exterior design, it’s no surprise the publication awarded the Ioniq 5 these two honors.