Hyundai Elexio vs Mazda BT-50

What's the difference?

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Hyundai Elexio
Hyundai Elexio

$58,990 - $61,990

2026 price

Mazda BT-50
Mazda BT-50

$38,400 - $79,490

2026 price

Summary

2026 Hyundai Elexio
2026 Mazda BT-50
Safety Rating

Engine Type

Fuel Type
-

-
Fuel Efficiency
-

-
Seating
0

0
Dislikes
  • Slow(ish) DC charging
  • Cabin devoid of buttons
  • Disappearing driver screen

  • Suspension is a bit firm
  • Doesn't have the grunt of the 3.0L version
  • Driver info screen is tiny, hard to read
2026 Hyundai Elexio Summary

There's a hell of a lot riding on the shoulders of the Hyundai Elexio, which is shaping as the brand's best shot to date at taking on Made In China models like the BYD Sealion 7 and Tesla Model Y. 

While the Ioniq family sits atop the EV tree at Hyundai, the Elexio is a very different proposition. It's priced more sharply (the brand is quick to point out that it's only about $8 a week more expensive than a Sealion 7 on a novated lease), and it's the first Hyundai vehicle offered in Australia that's produced in the brand's Chinese factory through its Beijing Hyundai joint venture.

In short, it feels a lot like Hyundai is ready to take on BYD at their own game in Australia.

So, is the Elexio the pick of the Made In China bunch?

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2026 Mazda BT-50 Summary

Traditionally, offering a smaller engine in a particular make or model has been a manufacturer’s way of stripping a few dollars out of the price-tag. In the case of the ute market, that’s more often than not an attempt to rope price-sensitive fleet customers into the family. Not to mention responding to the cut-throat pricing of some of the Chinese newcomers.

A handful of years ago, we saw Mazda do just that with a 1.9-litre turbo-diesel variant for its BT-50 range to give us the XS, entry-level trim specification. But it seems Mazda has had a bit of a rethink about that strategy (in line with Isuzu’s plans, given the BT-50 and D-Max share their major structures and drivelines) and has now upgraded the small-engine variant of the BT-50 with a new engine and the return of the 4X4 option (which was dropped after about 12 months in the previous XS model due to lack of demand).

But perhaps most importantly, the engine in this base-spec BT-50 has now grown from the original 1.9 litres to 2.2 litres. As a result, there’s more torque, more power and an extra couple of gears in the transmission. And with the option of four-wheel drive again, the new XS BT-50 might just get a look in where the previous XS didn’t.

In the end, of course, the XS closes the gap to the other BT-50s in the line-up, perhaps muddying further the question of whether you need to stump up for the full 3.0 litres in the other BT-50s, or take an enough-is-enough stance and save some coin.

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Deep dive comparison

2026 Hyundai Elexio 2026 Mazda BT-50

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