Hyundai IONIQ 5 vs Ford Mustang Mach-E
Two electric SUVs go head to head. Which EV is the better buy for Australian drivers in 2026?
Specifications and pricing correct at time of publishing. Prices are RRP before on-road costs unless stated otherwise. Always confirm with the manufacturer or dealer before purchasing.
Price Breakdown
The Hyundai IONIQ 5 starts from $71,990 before on-road costs, while the Ford Mustang Mach-E opens at $86,990. That makes the Hyundai IONIQ 5 the more affordable entry point by $15,000.
Once you factor in stamp duty, registration, CTP insurance, and dealer delivery, expect to add roughly 8-12% on top of the RRP depending on your state. That puts estimated driveaway prices in the ballpark of $79,189 and $95,689 respectively.
Both models qualify for Fringe Benefit Tax (FBT) exemption, which is a significant advantage for salary-sacrificed novated leases. Depending on your tax bracket, this can save $5,000-$15,000+ per year compared to an equivalent ICE vehicle.
Safety Rundown
Both the Hyundai IONIQ 5 and Ford Mustang Mach-E hold a 5-star ANCAP safety rating. Adult occupant protection scored 97% for the Hyundai IONIQ 5 and 92% for the Ford Mustang Mach-E.
Where the two diverge is in active safety technology. The Hyundai IONIQ 5 packs more ADAS features with 7 out of 10 key systems fitted, compared to 4 in the Ford Mustang Mach-E.
Both include the essentials: lane keep assist, adaptive cruise control, a reversing camera.
Feature Showdown
Both come with modern infotainment systems. Apple CarPlay and Android Auto are standard across both.
The Hyundai IONIQ 5 stands out with panoramic roof, V2L and BOSE audio that you will not find on the Ford Mustang Mach-E. Which feature set matters more depends on your daily routine and priorities.
Drivetrain
The Hyundai IONIQ 5 uses a Electric producing 168kW and 350Nm of torque, sent through a automatic to a RWD layout. It covers the 0-100km/h sprint in 8.5 seconds.
The Ford Mustang Mach-E responds with a Electric Motor making 198kW and 580Nm, paired to a automatic driving all four wheels. It gets to 100km/h in 7 seconds.
The Ford Mustang Mach-E has the clear power advantage at 198kW vs 168kW. In the real-world sprint, the Ford Mustang Mach-E is 1.5s quicker. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Battery: 84kWh (Hyundai IONIQ 5) vs 91kWh (Ford Mustang Mach-E), giving WLTP ranges of 433km and 540km. DC fast charging peaks at 220kW (Hyundai IONIQ 5) vs 150kW (Ford Mustang Mach-E).
Space & Comfort
The Hyundai IONIQ 5 measures 4,635mm long on a 3,000mm wheelbase, 78mm shorter than the Ford Mustang Mach-E at 4,713mm (2,984mm wheelbase). The longer wheelbase on the Hyundai IONIQ 5 generally means more rear legroom.
Boot space is 527L in the Hyundai IONIQ 5 and 402L in the Ford Mustang Mach-E, giving the Hyundai IONIQ 5 a 125L advantage.
Turning Circle
Kerb-to-kerb diameter. Smaller turns easier in tight carparks and U-turns.
11.0m diameter
Good
Based on 11.0m turning circle:
- U-turn on standard street (7m+ wide)
- Standard parking bay
- Tight carparks
- Narrow laneways
Turning circle ratings
True Cost to Own
Running cost data is not yet available for both models. We will update when figures are confirmed.
Warranty: 5 years / 999,999km (Hyundai IONIQ 5) vs 5 years / 999,999km (Ford Mustang Mach-E). Both match on warranty length.
Who Should Buy Which?
Buy the Hyundai IONIQ 5 if: You want the lower entry price, need more boot space, or prefer Hyundai's approach to design and ownership experience.
Buy the Ford Mustang Mach-E if: You prioritise performance, or prefer Ford's approach to design and ownership experience.
The Verdict
The Hyundai IONIQ 5 takes 5 of 9 key spec categories and comes in at a lower price. If boot space matters, the Hyundai IONIQ 5 has a clear edge. The best pick depends on what you value most. Explore the full specs for each model below.
Common questions
Which is cheapest, Hyundai IONIQ 5 and Ford Mustang Mach-E?
The Hyundai IONIQ 5 is the cheapest at $71,990 before on-road costs. That undercuts the Ford Mustang Mach-E by $15,000.
Which has the longest driving range?
The Hyundai IONIQ 5 has the most range at 570km (WLTP).
Which charges fastest?
The Hyundai IONIQ 5 accepts the highest DC charging at up to 220kW.
Which is safest?
They are evenly matched — Hyundai IONIQ 5 and Ford Mustang Mach-E all hold a 5-star ANCAP rating. Compare the active-safety features above to separate them.
Which has the most boot space?
The Hyundai IONIQ 5 has the largest boot at 527L.
Which can tow the most?
The Hyundai IONIQ 5 has the highest braked towing capacity at 1,600kg.
Which is the most powerful?
The Ford Mustang Mach-E makes the most power at 198kW. The Ford Mustang Mach-E is quickest to 100km/h in 7s.
Disclaimer: All information in this comparison was believed to be correct at the time of publishing (20 April 2026). Prices are manufacturer recommended retail prices (RRP) and may vary by state, dealer, and options. Driveaway costs include estimated on-road costs for Victoria. Fuel economy figures are WLTP/ADR combined cycle. Specifications can change without notice. Always verify with the manufacturer before making a purchase decision. CarSorted does not accept payment for recommendations.
Auto-generated from CarSorted's specification data · 20 April 2026
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