Hyundai Ioniq 5 vs GWM Cannon Alpha

What's the difference?

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Hyundai Ioniq 5
Hyundai Ioniq 5

$54,990 - $121,620

2024 price

GWM Cannon Alpha
GWM Cannon Alpha

2026 price

Summary

2024 Hyundai Ioniq 5
2026 GWM Cannon Alpha
Safety Rating

Engine Type
Not Applicable, 0.0L

Fuel Type
Electric

-
Fuel Efficiency
0.0L/100km (combined)

-
Seating
5

0
Dislikes
  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle

  • Small payload
  • Spare wheel location
  • Faulty tailgate-split function
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 GWM Cannon Alpha Summary

Chinese automotive brand GWM (aka Great Wall Motors) has been making headlines, given that in 2024 it was the first manufacturer to launch an HEV (Hybrid Electric Vehicle) ute in Australia. And in 2025 it's replaced that short-lived model with a PHEV (Plug-in Hybrid Electric Vehicle) version.

The decision to axe the original Alpha Hybrid was a no-brainer for GWM, given its PHEV successor offers not only short-haul pure-electric driving but also superior power, torque and driving range plus the enhanced ride comfort and handling of four-coil suspension.

We were recently handed the keys to the latest iteration of this lavishly-equipped 4x4 dual-cab ute to assess its workhorse credentials from a tradie’s perspective.

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Deep dive comparison

2024 Hyundai Ioniq 5 2026 GWM Cannon Alpha

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