Hyundai IONIQ 5 vs Mercedes-Benz EQB
Two electric SUVs go head to head. Which EV is the better buy for Australian drivers in 2026?
Hyundai IONIQ 5 scores higher, 76 vs 69
Prices are RRP before on-road costs unless stated otherwise. Always confirm with the manufacturer or dealer before purchasing.
Data checked: specs 10 Nov 2026, price 4 Nov 2026

Hyundai IONIQ 5
17 of 27 standard · no option data · 3 not offered · 7 no dataFrom
$68,200
RRP, before on-road costs
- Body
- SUV
- Fuel type
- Electric
- Engine
- Electric
- Power
- 168kW
- Energy use
- 16 kWh/100km
- Safety
- ANCAP ★5 · 2021
- Boot (seats up)
- 520L
Top CarSorted Score, 76 vs 69
Driva is an independent finance provider, not part of CarSorted. We aren't paid for this link.
$68,200RRP
- no option data for this car
$84,900RRP
- no option data for this car
Printed option prices only. A pack is counted once and makes the figure a floor when it carries no printed price. Nothing is inferred from the other car.
Price and cost per week
Hyundai IONIQ 5 RWD
$68,200
RRP, before on-road costs. Checked 4 Nov 2026
No published drive-away price on our record.
About $292 a week in repayments ($68,200 RRP, before on-road costs; assumes $5,000 deposit, 5 yrs at 7.5% p.a.). An estimate, not a loan offer.
Mercedes-Benz EQB EQB250
$84,900
RRP when new; no longer sold new in Australia. Checked 24 June 2026
No published drive-away price on our record.
The Hyundai IONIQ 5 starts $16,700 lower on RRP.
Both models currently qualify for the electric-vehicle Fringe Benefits Tax exemption (battery-electric and under the $91,661 threshold; battery-electric and under the $91,661 threshold), which applies to salary-sacrificed novated leases.
On-road costs (stamp duty, registration, CTP and dealer delivery) depend on your state and the dealer; ask for a written drive-away price before you sign.
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Ways to buy
For the Hyundai IONIQ 5.
Finance
≈$292/wk(≈$1,266/mo)
Estimate on the Hyundai IONIQ 5 at $68,200 RRP, before on-road costs; assumes $5,000 deposit, 5 yrs at 7.5% p.a. Not a quote or an offer of credit.
Compare real car-loan ratesDriva is an independent finance provider, not part of CarSorted. We aren't paid for this link.
Novated lease
Electric, with an RRP under the $91,661 fuel-efficient LCT threshold (2026-27): under the ATO's electric cars exemption a novated lease of an eligible electric car attracts no FBT if luxury car tax was never payable on it. The benefit is still reportable.
Novated lease quoteWork out a lease on the Hyundai IONIQ 5Driva is an independent finance provider, not part of CarSorted. We aren't paid for this link. Opens apply.driva.com.au in a new tab.
Safety Rundown
We hold no ANCAP data for the Mercedes-Benz EQB. With no pair of ratings to compare, the active-safety features in the spec table above are the fairer comparison.
Driver assistance, as the manufacturer lists it
Driver assistance, system by system. We can confirm 9 of 10 key systems on the Hyundai IONIQ 5 and 6 on the Mercedes-Benz EQB.
Swipe across. Tap a feature to see what it does and each car's source.
StandardOptional: printed price, +pack or NCO (no-cost)No, not offeredNo dataCounts beside each car use the same colours; ? is no option data.
From each manufacturer's Australian equipment list. No data means that car's document does not say. The drawings are our own illustrations of how each kind of system works.
Recalls on our record
Hyundai IONIQ 5
- REC-006224 · published 20 Dec 2024Due to a software issue in the Integrated Charging Control Unit, the auxiliary 12 Volt battery may not charge as intended, resulting in battery drainage and loss of motive power.Year range on the notice: 2021 - 2024
- REC-005942 · published 16 Apr 2024Due to a software issue in the Integrated Charging Control Unit, the auxiliary 12 Volt battery may not charge as intended, resulting in battery drainage and loss of motive power.Year range on the notice: 2021 - 2024
- REC-005940 · published 11 Apr 2024Due to a manufacturing issue, the driveshaft may brake under load.Year range on the notice: 2023
- 1 more on the model page.
Mercedes-Benz EQB
- REC-006475 · published 10 Nov 2025The high voltage battery may short circuit if charged over 80 percent capacity.Year range on the notice: 2023 - 2024
- REC-005949 · published 15 Apr 2024The electrical power steering control unit back-up software may not operate as intended.Year range on the notice: 2018 - 2024
A recall covers the builds its notice lists, not every car of a model. Check your VIN at vehiclerecalls.gov.au.
Charging times
How long each takes to charge, from a household power point to a DC fast charger, estimated from battery size and the car's own maximum charge rates.
How long to charge
84kWh usableEstimates from usable battery size and the car's max charge rates (10.5kW AC). Real times vary with temperature, starting charge, charger output and the charging curve.
How long to charge
66.5kWh usablePublic DC
50kW charger · 0–80%
Ultra-rapid DC
up to 100kW · 0–80%
Estimates from usable battery size and the car's max charge rates (11kW AC, 100kW DC). Real times vary with temperature, starting charge, charger output and the charging curve.
Feature Showdown
The Hyundai IONIQ 5 features a 12.3-inch touchscreen paired with a 12.3-inch digital dash, while the Mercedes-Benz EQB gets a 10.3-inch display and 10.3-inch instruments. Apple CarPlay and Android Auto are standard across both.
The Hyundai IONIQ 5 stands out with Apple CarPlay and V2L — features our data doesn't list for the Mercedes-Benz EQB. The Mercedes-Benz EQB counters with wireless Apple CarPlay/Android Auto and ambient lighting. Which feature set matters more depends on your daily routine and priorities.
Interior trim differs: the Hyundai IONIQ 5 gets wool blend / leather-appointed combination upholstery while the Mercedes-Benz EQB offers synthetic leather.
Equipment few rivals have, on either carShowHide
Drivetrain
The Hyundai IONIQ 5 uses a Electric producing 168kW and 350Nm of torque, sent through a single-speed reduction gear to a RWD layout.
The Mercedes-Benz EQB responds with a Electric making 140kW and 385Nm, paired to a automatic driving the front wheels. It gets to 100km/h in 8.9 seconds.
The Hyundai IONIQ 5 has the clear power advantage at 168kW vs 140kW. For most buyers, the way each car feels day-to-day matters more than outright acceleration.
Battery: 84kWh (Hyundai IONIQ 5) vs 70.5kWh (Mercedes-Benz EQB), giving WLTP ranges of 570km and 465km.
Space & Comfort
The Hyundai IONIQ 5 measures 4,655mm long on a 3,000mm wheelbase, 29mm shorter than the Mercedes-Benz EQB at 4,684mm (2,829mm wheelbase). The longer wheelbase on the Hyundai IONIQ 5 generally means more rear legroom.
Boot space is 520L in the Hyundai IONIQ 5 and 495L in the Mercedes-Benz EQB, giving the Hyundai IONIQ 5 a 25L advantage. The Mercedes-Benz EQB seats 7 vs 5.
For towing, the Mercedes-Benz EQB leads with a 1,800kg braked capacity vs 1,600kg. That 200kg difference matters if you regularly hitch up.
Neither U-turns in one sweep on a 7 m local street (both need a three-point turn); the Mercedes-Benz EQB's turning circle is 0.6 m tighter, 11.4 m against 12.0 m kerb to kerb. The street estimate is indicative, worked from the published turning circles.
Cost to own
At 15,000 km a year, electricity for the Hyundai IONIQ 5 costs about $768 a year (16 kWh/100km) and electricity for the Mercedes-Benz EQB about $840 a year (17.5 kWh/100km), at $1.90 a litre and 32c a kWh. That is $72 a year less for the Hyundai IONIQ 5.
Warranty: 5 years / Unlimited (Hyundai IONIQ 5) and 5 years / Unlimited (Mercedes-Benz EQB).
Where each one leads
The Hyundai IONIQ 5: the lower starting price ($68,200 against $84,900), more power (168kW against 140kW), the bigger boot with the seats up (520L against 495L) and lower fuel or energy costs on our assumptions ($768 a year against $840).
The Mercedes-Benz EQB: the higher braked towing limit (1,800kg against 1,600kg).
The Verdict
Hyundai IONIQ 5 scores higher, 76 vs 69
The Hyundai IONIQ 5 scores 76 to the Mercedes-Benz EQB's 69 on the CarSorted Score, and leads 7 of the 8 spec rows that separate them, at the lower price. The biggest gaps: safety (Hyundai IONIQ 5 ahead by 25 points), energy efficiency (Hyundai IONIQ 5 ahead by 10 points), practicality (Mercedes-Benz EQB ahead by 6 points). At 15,000 km a year, electricity for the Hyundai IONIQ 5 costs about $72 less (16 kWh/100km against 17.5 kWh/100km, at 32c a kWh).
Ways to buy
For the Hyundai IONIQ 5.
Finance
≈$292/wk(≈$1,266/mo)
Estimate on the Hyundai IONIQ 5 at $68,200 RRP, before on-road costs; assumes $5,000 deposit, 5 yrs at 7.5% p.a. Not a quote or an offer of credit.
Compare real car-loan ratesDriva is an independent finance provider, not part of CarSorted. We aren't paid for this link.
Novated lease
Electric, with an RRP under the $91,661 fuel-efficient LCT threshold (2026-27): under the ATO's electric cars exemption a novated lease of an eligible electric car attracts no FBT if luxury car tax was never payable on it. The benefit is still reportable.
Novated lease quoteWork out a lease on the Hyundai IONIQ 5Driva is an independent finance provider, not part of CarSorted. We aren't paid for this link. Opens apply.driva.com.au in a new tab.
Common questions
Which is cheapest, Hyundai IONIQ 5 and Mercedes-Benz EQB?
The Hyundai IONIQ 5 is the cheapest at $68,200 before on-road costs. That undercuts the Mercedes-Benz EQB by $16,700.
Which has the longest driving range?
The Hyundai IONIQ 5 has the most range at 570km (WLTP).
Which charges fastest?
The Mercedes-Benz EQB accepts the highest DC charging at up to 100kW.
What are the ANCAP safety ratings?
Hyundai IONIQ 5 holds a 5-star ANCAP rating (tested 2021). We hold no ANCAP data for Mercedes-Benz EQB, so there is nothing to compare on crash performance. Compare the active-safety features above instead.
Which has the most boot space?
The Hyundai IONIQ 5 has the largest boot at 520L with the seats up.
Which can tow the most?
The Mercedes-Benz EQB has the highest braked towing capacity at 1,800kg.
Which is the most powerful?
The Hyundai IONIQ 5 makes the most power at 168kW.
Track the Hyundai IONIQ 5 & Mercedes-Benz EQB
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How to read this page. Prices, specifications, ANCAP ratings, warranty, the CarSorted Score and the verdict come from our records for the grades shown, sourced from the manufacturers' Australian documents, and change when those records change; the date each was last checked is printed under the headline. Prices are recommended retail prices before on-road costs unless marked drive-away. A plug-in hybrid's fuel figure is labelled with its basis: with a full battery (the certified combined figure) or as a hybrid (battery depleted). Charging and running costs are estimates on the stated assumptions. Always confirm price and specification with the manufacturer or dealer before you buy. CarSorted does not accept payment for recommendations.
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