Chevrolet Corvette vs MG Im5

What's the difference?

The Chevrolet Corvette Z06 is truly a supercar offering outstanding dynamics for a lot less money being asked by European rivals - just make sure it's not your only car for those times when you're in a hurry.

The MG IM5 Performance is fast, comfortable, quiet and super refined. Putting some minor spec and active safety niggles to one side, it offers the features, tech and price to match it with its well-credentialled and already popular mid-size EV sedan competitors. Is there room for one more? We think there should be.

We’re talking about the closest thing to a real-life Hot Wheels car here. See, while Ferraris look elegant to me like expensive jewellery, Lambourghinis like cheese graters and McLaren’s look like slippery alien spacecraft, the Corvette Z06 looks exactly like an American supercar should - an unapologetic, ludicrous beast. And I love that. 

Dialing up the wild is that enormous carbon wing and front splitter with dive planes thanks to the Z07 package. Just a word of warning, though, the front splitter and dive planes stick out not just visually, but in the sense that I walked into them often and my ankles still have the scars.

I can’t recall the last time I drove a car with carbon-fibre wheels either - these are the biggest rims fitted to a Corvette and they’re wrapped in Michelin Pilot Sport Cup 2R ultra performance tyres (275/30ZR20 front and 345/25ZR21 rear) that they look like oil drums on their sides.

The best angle? The rear - straight on. Those headlights. 

Wait, no, it’s from above - so you can see the V8 through the glass hatch.

Or it could be front-on looking like a giant shovel.. 

OK, there are no bad angles.. 

The Corvette Z06 is long at 4734mm end-to-end, broad at 2024mm wide and its height is a both a sitting-on-the-road-low and numerically pleasing 1234mm.

The plainness of the cabin might be a let down to some people after all the exterior wildness. Ferraris and Lambourghis offer extravagant and exotic interiors, but the Corvette’s innards are almost completely void of flare. 

The media screen is small (8.0 inches), switches and controls for windows and air vents are basic, and the huge dividing ‘wall’ between the pilot and passenger might be a bit much for some.

That ‘wall’ is dotted with buttons and while it may look very 'fighter jet cockpit', they’re just climate control switches. Sitting in the passenger seat is a lonely place with no screen visibility nor easy access to controls - I'd actually call this out as a bit of a fail compared to the interiors from Porsche, Audi and Lamborghini with their screen-filled cabins offering co-pilots something to do.

Yes, it feels a bit premium with the Nappa leather and the sports seats, but it could feel more special.

All of this plainness, however, is saved from boredom by the glass window behind the seats allowing you to peer into the engine bay at the V8 like at a reptile enclosure at the zoo.

Playing spot the straight line on the outside of the MG IM5 is like an automotive design version of Where’s Wally? There aren’t many, in the midst of an unrelentingly curvaceous exterior treatment.

At close to five metres long and two metres wide the IM5 is appreciably longer (+211mm), a little wider (+27mm) and a bit taller (+33mm) than a Tesla Model 3. Think BMW 5 Series in terms of overall size.

And the soft-form shape is functional; the swoopy liftback boasting an ultra-slick 0.24 drag coefficient.

That said, I’m not convinced by the ‘Periscopic’ cameras informing the driver assistance systems from the front guards. They scream tacked-on afterthought. But a touch-only initial opening function for the flush door handles is cool and makes life easier.

The curves continue inside with soft-padded surfaces around the dash and doors, but the straight edge obviously came out for the 10.5-inch central media screen and vast 26.3-inch upper display. There are next to no buttons; even exterior mirror adjustment is directed from the screen to a multi-function steering wheel control.

System software (powered by a Qualcomm ‘Snapdragon’ chip) is lightning fast with a two-finger up and down swipe shortcut function on the central screen for ventilation and other functions.

The interior is light and bright thanks to the enormous panoramic sunroof. It’s been fine in cooler winter conditions during this test but it could be interesting to revisit in the heat of an Aussie summer

There are two interior colour schemes available - the ‘Highland Grey’ of our test car or ‘Dover Beige’ for those brave enough to live life with the threat of scuff marks on your shiny new car’s glamorous but vulnerably light interior.

Supercars don’t tend to be built with practicality as a priority but this two-door, two-seat beastie is spacious enough even for me at 185cm tall with plenty of room in the footwell and loads of elbow-, knee-, and headroom. 

Cabin storage is limited to a glove box, door pockets, two cupholders, and a wireless phone charger on the bulkhead behind the seats.

As you can see from the images there’s a boot at the rear which will fit smaller bags and a small boot in the front.

I did the school run in the Corvette a few times (I know, lucky kid) and I can tell you a bass guitar in its case and a school bag, plus my own large handbag make for a cramped cabin. A Kia Carnival the Corvette ain’t, but it’s not trying to be one and compared to its rivals it does well for practicality.

There’s plenty of breathing room up front and in terms of storage one of the first things worth calling out are the long but relatively narrow door bins. No good for anything above unusually slender bottles, even if they’re lying down.

No conventional glove box in the dash, but there is a large lidded box (cooled and heated) between the seats that doubles as a centre armrest. It’s supplemented by a big stowage area underneath the flying buttress style centre console.  

There are two cupholders in the centre console as well as a wireless device charging pad in front of them with a vaguely phone-shaped oddments bin alongside it.  

Move to the rear and the IM5’s 75mm wheelbase advantage over the Tesla Model 3 is clear. Heaps of knee and headroom for me at 183cm sitting behind the driver’s seat set to my position. 

But… the seat sits low which pushes your knees up into the air to the point where my thighs are not contacting the seat cushion. Even though the rear seat reclines to a certain degree it’s a problem compounded by a chronic lack of room for your toes under the front seat. Awkward.

There are map pockets in the front seatbacks, modest bins in the doors and a fold-down centre armrest with two cupholders. Adjustable ventilation in the rear of the front centre console always makes life in the rear seat more pleasant.

The car also houses ‘Strong Magnets’ at various points around the cabin and boot, with a configurable adapter able to lock a phone or tablet into place for the entertainment of, in our case, back seaters. 

Speaking of devices for entertainment, there are two USB-C sockets and a 12-volt outlet in the front and another USB-C and 12V in the back, so charging isn’t an issue. 

The IM5 is a liftback so the boot aperture is generous and a capacity of 457 litres with the rear seats up is decent for a car of this size, although that’s less than the Tesla Model 3 (594L) which has an additional well under the floor. 

Still, enough room for the largest (124L) and smallest (36L) suitcases from the CarsGuide three-piece luggage set with some room to spare.

The power tailgate can be operated hands-free via the key or an always welcome under bumper kick function.

Volume expands to 1290 litres with the rear seats folded and there’s a modest 18-litre ‘frunk’ under the bonnet.

The bad news is a repair-inflator kit rather than a physical spare wheel, but the better news is the IM5 Performance can tow a 1500kg braked trailer (750kg unbraked).

The IM range also features the ‘MG iSmart’ app allowing remote control of various functions including charging, checking vehicle location and route planning. 

At $80,990, drive-away, the IM5 Performance sits at the top of a three-grade line-up that starts with a 75kWh RWD Premium model at $60,990, followed by a mid-spec 100kWh RWD Platinum for $69,990, both drive-away.

Its most prominent competitor is arguably the Tesla Model 3 Dual Motor AWD ($80,900), with others including the BYD Seal Performance AWD ($68,798), Hyundai Ioniq 6 AWD Epiq ($86,500) and Polestar 2 Long Range Dual Motor Performance ($80,380).

Worth noting, too, the IM6 range - essentially the same car with a taller SUV body - has the same model walk-up and identical pricing.

Once you’ve crossed the $80K threshold it’s fair to expect a decent basket of standard fruit and aside from the dynamic and safety features we’ll get to shortly, the IM5 Performance comes to the party.

Highlights include a double-glazed panoramic roof, power-adjustable (12-way driver, six-way passenger) heated and ventilated front seats (also heated in the rear), dual-zone climate control, 20-speaker audio (with digital radio), 256 colour ambient lighting, a power tailgate (with hands-free function) and 20-inch alloy rims.

There’s also adaptive cruise control, a heated steering wheel, wireless Android Auto and Apple CarPlay, LED headlights, keyless entry and start, wireless device charging (50W), a 10.5-inch central control screen and a sweeping 26.3-inch upper screen; the right side for instrumentation and car data, the (touch-sensitive) left side for multimedia and other onboard functions.

There’s more and it’s clear this car at least matches or betters its direct competitors for included equipment.

The 5.5-litre naturally aspirated V8 in the Z06 makes 475kW and 595Nm. That’s a lot more power than the Corvette Stingray’s V8, which produces 369kW. The GT3 racecar version of the Z06 uses a derived version of the 5.5-litre V8, and actually it shares 70 per cent of the engineering components. 

Revving to a high 8600rpm the Z06’s V8 lets out a high-pitched scream when pushed hard, much like a Ferrari because like many Ferraris the Z06 has a flatplane crank V8 - actually it’s one of the largest flatplane V8s to go into a production car.  

Corvettes are now mid-engined cars and the Z06 has an eight-speed dual-clutch transmission that changes gears quicker than I can blink, sending all that mumbo straight to the rear wheels.

Acceleration comes hard, fast and loud with the Z06 able to boot itself from 0-100km/h in 2.9 seconds. That beautifully linear acceleration with no turbos will pull you all the way towards its top speed of 313km/h.

The MG IM5 Performance is powered by an electric motor on each axle - the rear (372kW/500Nm) more powerful than the front (200kW/300Nm), for overall outputs of 572kW (that’s close to 770hp) and 802Nm of pulling power.

The official term for that amount of grunt is… a lot. And we’ll get to what it means on the road in the Driving section shortly.

As with practicality, fuel efficiency isn’t the Corvette’s priority and after driving it daily for a week in the suburbs, city and a few dashes out to more open country roads the Z06 was using an average of 23.8L/100km, according to the trip computer.

Luckily the fuel tank is pretty big at 70 litres and with an official combined fuel consumption of just under 16L/100km you have a range of 438km… in theory.

The MG IM5 Performance features an 800-volt electrical architecture which means the 100kWh NCM battery can accept a DC peak charge of close to 400kW.

Only snag is the highest you’ll currently find in Australia is 350kW. But even at that rate you’ll still be looking at a 30-80 per cent charge in just over 15 minutes. Maximum AC charge rate is 11kW.

Claimed range is 575km (WLTP) which is less than the Tesla Model 3 Dual Motor AWD at 629km.

Over a week of city, suburban and some freeway running we saw average energy use of 20.6kWh/100km which is on the high side for an EV of this size but maybe not for one with this kind of performance potential. 

What the Corvette Z06 is like to drive really depends where you drive it. Our suburb has a ridiculous number of speed humps, which are like the Corvette Z06’s Kryptonite thanks to its very limited ground clearance and a carbon front splitter that almost skims the road at the best of times.

This made the Z06 one of the slowest fast cars I’ve ever piloted. My son would beg me to drive him to school in it, but the journey would take twice as long as we slowly eased over each hump while holding our breath. A lift system does raise the front of the vehicle but even then, don't breathe out.

The width and poor visibility made inching down narrow streets of parked cars a stressful exercise, too.

The Corvette Z06 is almost too much of a racecar to live with and then you let it free on an open country road and its purpose is clear - it runs like you wouldn’t believe and screams in delight all the way, while clamping itself to the road with sticky tyres, perfectly set up suspension and proper downforce.

Steering feels mainlined though to your nervous system, the pedals under your feel like your actual feet, and it all feels like a dream until you wake up again when you reach the city limits and round abouts, and traffic and yes, speed humps.

The Corvette Z06 clearly is a car that needs to be joined by other cars in your driveway, ones that don’t even notice speed humps.

First things first, the IM5 Performance is supercar fast. This 2.3-tonne five-seater blazes from 0-100km/h 3.2 seconds and with its dual motors combining to produce 572kW/802Nm, eye-widening performance always resides underneath your right foot.

But it’s not all about straight line speed. Ride comfort is excellent. Underpinned by an all-new platform, the IM5’s suspension is by double wishbones at the front and multi-links at the rear. But the key to its bump and rut smoothing ability is air suspension and ‘continuous control’ active damping.

Fold in double-glazing on the full-length glass roof and side windows, as well as active noise cancellation and you have a serene interior environment at any speed. Also worth noting the front seats are great; as grippy as they are comfortable.

Not only that, despite its relative heft, this mid-sizer steers well, too. Not the last word in road feel but it points accurately and the standard rear steering helps with prompt (but never jerky) cornering turn-in. Flick to ‘Sport’ mode and the IM5 is up for some enthusiastic running.

The rear wheels can turn up to 12 degrees in the opposite direction to the fronts at slow speed, which makes for a usefully tight 10-metre turning circle. But above that, at lesser angles, it adds extra stability and decisiveness in the way the car steers through even tight, twisty sections.

Rubber is top-shelf Pirelli P Zeros on 20-inch alloys (245/40 fr - 275/35 rr) and it grips hard, especially in the wet weather over much of the test period. Braking is solid, as it needs to be, with ventilated discs all around and four-piston callipers at the front. 

No adjustable regen braking but you can feel the ‘Cooperative Regenerative Brake System’ (CRBS) doing its thing when you lift off the accelerator. 

The physical rear view is modest thanks to the slope of the back window reducing its functional area for the driver to that of a 1950s VW Beetle. Even the interior rear-view mirror is tiny and folds up into a recess in the headliner if you’d prefer life without it.

But that’s where a rear camera view popping up on the upper screen display (accessed via the right-hand steering wheel click control) comes in handy. Side camera views are also available as is a 360-degree overhead view, which makes parking straightforward.

If you need more parking help there are various self-parking modes including a nifty ‘Curbside’ function that will realign the car hands-free if you’re parallel parked too far out from the kerb.

In a similar vein, a ‘Rainy Night’ mode projects left and right rear views onto the main screen using AI to enhance clarity and highlight pedestrians and cars.

Overall the ADAS (Advanced Driver Assistance Systems) are relatively unobtrusive but we found ourselves switching off the incessant overspeed chime that sounds for 10 seconds if you creep over the indicated speed limit, even when the system has misfired on the correct speed. For example, 40km/h school zones on a Sunday.

The over-zealous driver distraction warning also occasionally issued a visual and audible slap on the wrist when I was looking straight ahead. Tellingly, there’s a specific quick screen for turning both these functions off, but it kinda defeats the purpose of having them in the first place.

We also found the adaptive cruise control to be hesitant in multi-lane environments, reducing speed occasionally because the system seemingly believed a car was set to merge, when it wasn’t.

No independent ANCAP safety assessment at this point but there’s a full suite of active safety tech onboard including AEB, lane departure warning, blind spot detection, rear cross-traffic alert & braking, forward collision warning, lane-change assist, tyre pressure monitoring and heaps more. And we touch on how it all operates in the Driving section above.

There are no less than nine HD cameras, 12 ultrasonic sensors and three millimetre-wave radars on duty.

If a crash is unavoidable there are seven airbags including full-length side curtains and a front centre bag. Multi-collision brake also minimises the chances of subsequent impacts after an initial crash. There are also three top tether points and three ISOFIX child seats anchors across the second row.

All right on the pace for this part of the market and the IM5’s competitive set.

GMSV covers the Corvette with a three-year/100,000km warranty which is short by current standards where carmakers typically offer a duration of five years/unlimited kilometres.

One of the appealing sides to the Corvette is that it’s made by a down-to-Earth American car company and a longer warranty offering peace of mind would seem more appropriate.

Service intervals are every 12 months or 12,000km, with capped-price servicing sadly unavailable.

The MG IM5 Performance is covered by a seven-year/unlimited km warranty, which is a plus, but the catch is it’s conditional on authorised dealer servicing. Go elsewhere and the term drops to a more common five years/unlimited km. The drive battery is covered for eight years/160,000km, which is the norm in the Aussie market

Servicing is required every 12 months or 20,000km with charges averaging $586 per workshop visit for the first five years, which is on the high side for an EV, even at this price point, the average bumped up by a more than $1400 doozy at year four.

MG IM models are sold (with service available) through all of MG’s 100-plus dealerships across the country, so no concerns there.