Hyundai Ioniq 5 vs BMW I4

What's the difference?

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Hyundai Ioniq 5
Hyundai Ioniq 5

$41,999 - $92,950

2024 price

BMW I4
BMW I4

$88,900 - $133,900

2026 price

Summary

2024 Hyundai Ioniq 5
2026 BMW I4
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
  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle

  • Mediocre range
  • Combustion platform limits practicality
  • New i3 is more advanced
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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2026 BMW I4 Summary

BMW has been incredibly smart with its electric vehicle (EV) offerings in Australia to date.

Ever since the Fringe Benefits Tax (FBT) exemption was introduced for novated lease buyers of EVs under the Luxury Car Tax (LCT) threshold, the German brand strategically introduced versions of its EVs that qualify.

The BMW i4 eDrive35 electric liftback, which is based on the locally defunct 4 Series Gran Coupe, is one of these cars.

It recently received a mid-life update that brought more range and features, while remaining under the LCT threshold for fuel-efficient vehicles.

However, the plot thickens. BMW is soon set to launch its new i3 electric sedan which is based on the company’s Neue Klasse dedicated electric architecture.

BMW hasn’t given the i4 an official production end date, however overseas reports indicate it’ll end as soon as next year to make way for the new i3.

Should you hold out for this new-generation car, or does the i4 still hold up? Read on to find out.

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Deep dive comparison

2024 Hyundai Ioniq 5 2026 BMW I4

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