Denza B5 vs Hyundai Ioniq 5

What's the difference?

VS
Denza B5
Denza B5

$74,990 - $79,990

2026 price

Hyundai Ioniq 5
Hyundai Ioniq 5

$42,700 - $91,290

2024 price

Summary

2026 Denza B5
2024 Hyundai Ioniq 5
Safety Rating

Engine Type
Inline 4, 1.5L

Not Applicable, 0.0L
Fuel Type
Premium Unleaded/Electric

Electric
Fuel Efficiency
3.9L/100km (combined)

0.0L/100km (combined)
Seating
5

5
Dislikes
  • Busy ride
  • Lots of body roll
  • Overzealous driver attention monitor

  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle
2026 Denza B5 Summary

BYD has achieved much success in recent years in Australia and it's now branching out with a new, more premium brand.

Denza is like the Lexus to Toyota and it’s launching in Australia with two large body-on-frame plug-in hybrid (PHEV) SUVs – the B5 and B8.

The former is on test here and its rivals include mainstream models like the GWM Tank 300 PHEV, however it also pitches itself against more premium offerings like the Land Rover Defender.

We’ve already driven the B5 over in China and this is the first time we’re getting to test it out on Australian roads, so let’s see how it fares.

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2024 Hyundai Ioniq 5 Summary

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.

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Deep dive comparison

2026 Denza B5 2024 Hyundai Ioniq 5

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