Ford Mustang Mach-E vs Hyundai Ioniq 5

What's the difference?

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Ford Mustang Mach-E
Ford Mustang Mach-E

2024 price

Hyundai Ioniq 5
Hyundai Ioniq 5

$54,990 - $121,620

2024 price

Summary

2024 Ford Mustang Mach-E
2024 Hyundai Ioniq 5
Safety Rating

Engine Type
Not Applicable, 0.0L

Not Applicable, 0.0L
Fuel Type
Electric

Electric
Fuel Efficiency
0.0L/100km (combined)

0.0L/100km (combined)
Seating
5

5
Dislikes
  • Base car not as affordable as competitors
  • Rival EVs can also charge faster
  • Mustang name will continue to ruffle feathers

  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle
2024 Ford Mustang Mach-E Summary

No brand courted controversy more than Ford when it stuck the legendary Mustang badge on an electric mid-size SUV.

Now finally here in Australia after a significant wait, the Mach-E is the Blue Oval’s first step into fully electric territory.

The question we’re answering for this launch review is whether it’s too little too late. Now the Mach-E’s primary rivals like the Hyundai Ioniq 5, Kia EV6 and Tesla Model Y are established players in Australia, is the Mach-E yesterday’s news, or is it something different in the EV space? Something worthy of the Mustang badge?

Let’s find out.

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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

2024 Ford Mustang Mach-E 2024 Hyundai Ioniq 5

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