Ford Mustang Mach-E vs MG Im5

What's the difference?

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Ford Mustang Mach-E
Ford Mustang Mach-E

2024 price

MG Im5
MG Im5

2026 price

Summary

2024 Ford Mustang Mach-E
2026 MG Im5
Safety Rating

Engine Type
Not Applicable, 0.0L

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 rear seating position
  • No physical spare wheel
  • Some over-zealous active safety
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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2026 MG Im5 Summary

Yep, it’s like deja vu all over again! Yet another fresh name in the Aussie new-car market, but this time in the form of a sub-brand from a carmaker that itself feels like it’s only been around for five minutes (but has in fact been in market here for a decade or more).

We’re testing the MG IM5 Performance, the IM badge standing alone in other markets. There, as here, signifying a new level of equipment, performance and quality.

And we’ve been steering this top-spec, dual-motor AWD version of the pure-electric, five-door liftback IM5, priced and specified to challenge a rapidly expanding group of high-performance mid-size EV sedans now occupying local showrooms.

 So, read on to see if this premium electric performer has what it takes to tempt you into a new option from the latest challenger brand to jump into the ever-intensifying, no-holds barred contest for your new-car dollars.

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Deep dive comparison

2024 Ford Mustang Mach-E 2026 MG Im5

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