Ford Mustang Mach-E vs Peugeot 408

What's the difference?

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Ford Mustang Mach-E
Ford Mustang Mach-E

$64,990 - $97,990

2026 price

Peugeot 408
Peugeot 408

$57,990 - $57,990

2026 price

Summary

2026 Ford Mustang Mach-E
2026 Peugeot 408
Safety Rating

Engine Type
0.0L

Turbo 3, 1.2L
Fuel Type
Electric

Unleaded Petrol/Electric
Fuel Efficiency
0.0L/100km (combined)

4.7L/100km (combined)
Seating
5

5
Dislikes
  • The ride could be even softer
  • Poor vision
  • No spare wheel

  • No physical spare tyre
  • ‘i-Cockpit’ instrument package
  • No rear centre armrest/cupholders
2026 Ford Mustang Mach-E Summary

Australian EV buyers seem to be missing the point of the Mustang Mach-E.

Yes, Ford’s exorbitant early pricing did not help – which the mid-sized EV has yet to recover from. And the V8-muscle-car image – and baggage – that the Mustang prefix brings no doubt confuses and even repels some people. Especially eco-conscious ones.

But it’s not that complicated. The Mach-E is merely meant to be a sporty, stylish and attainable family car, albeit with electric power.

Five years on from its US launch, does the 2026 Series II facelift keep up with newer and fresher electric SUV alternatives? And is it worth the premium that the Mustang badge commands?

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2026 Peugeot 408 Summary

Unveiled globally in 2022 before arriving here in late 2024 as a plug-in hybrid GT, the Peugeot 408 has been a niche player for the long-established French brand with less than 100 examples finding homes here last year.

But 2025 marked the transition to a new ‘plug-less’ mild-hybrid powertrain for the mid-size crossover-style SUV with the hope it may take a bigger swing at segment heavyweights.

We spent a week with the current 408 GT Premium Hybrid to see if its efficiency-focused petrol-electric set-up has what it takes to win a spot on your upscale five-seat SUV shopping list.

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Deep dive comparison

2026 Ford Mustang Mach-E 2026 Peugeot 408

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