BYD Sealion 5 vs Hyundai Ioniq 5

What's the difference?

This is the most affordable plug-in hybrid available in Australia – as this review is published – but it’s got a lot more going for it than just that.

The 2026 BYD Sealion 5 is a mid-size SUV wearing a BYD badge that has been thrust into the public’s awareness by the popular BYD Shark 6 – as well as by widespread criticism of brand's less popular aftersales shortcomings through much of 2025.

It’s also a plug-in hybrid that is showing up as the nation faces a fuel crisis, despite many remaining sceptical of going ‘full EV’.

The Sealion 5 has a long list of features, of course, plus a claimed four-figure driving range. Is this BYD too good to be true?

We grabbed the entry-level Essential to find out.

What is it about single letters and performance cars? 

BMW has M, Volkswagen has R, Lexus has F, and with only 23 choices left Hyundai opted for N - which stands for Namyang, site of the brand’s sprawling proving ground and development centre in South Korea, and Nurburgring, the famous German racing circuit where its performance cars are fine-tuned.

And like BMW M Sport, VW R-Line and Lexus F Sport, the Korean giant has N Line as a ‘lite’ option. Sporty models that add a little more punch and visual flair without crossing the line into hardcore hot-rod territory. 

And this is one its latest examples, the pure-electric Ioniq 5 SUV in top-spec Epiq AWD trim and equipped with the N Line Option Pack as well as the tricky Digital Mirror Pack.

In this configuration it slots into the $90K price band, which means it has a lot to live up to in terms of performance, safety, driving dynamics, value and more. 

So, stay with us to see if this premium five-seater is the kind of sporty EV SUV that gets your heart racing.