The 2022 Hyundai Ioniq 5, the automaker's newest electric car, proves that EVs are about more than a powertrain. Hyundai has launched electric cars before, but they were derived from gasoline or hybrid models. The Ioniq 5 is a clean-sheet design, debuting Hyundai's EV-specific Electric-Global Modular Platform (E-GMP) and taking advantage of the design freedom that entails. That makes the Ioniq 5 a stronger competitor to the Volkswagen ID.4, Ford Mustang Mach-E, and Tesla Model Y.