Hyundai Ioniq 5 vs Mercedes-Benz EQB

What's the difference?

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Hyundai Ioniq 5
Hyundai Ioniq 5

$54,990 - $121,620

2024 price

Mercedes-Benz EQB
Mercedes-Benz EQB

2023 price

Summary

2024 Hyundai Ioniq 5
2023 Mercedes-Benz EQB
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

  • Sorry kids, no third row!
  • Expensive (even for an electric Merc)
  • Styling might not be for everyone
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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2023 Mercedes-Benz EQB Summary

When the GLB arrived in Australia in 2020 it did so to much fanfare as the little premium SUV which could do it all.

It had seven-seats, ideal dimensions slotting underneath the mid-size GLC, the option of all-wheel drive, and even a go-fast AMG version to boot.

Now, the clever little luxury SUV can add another headline feature - it’s gone fully electric.

The EQB, like the EQA before it, follows the formula of its donor car to a T, being familiar for an existing Mercedes buyer whilst also making the jump to a fully electric drivetrain.

For now it comes in two variants, a two-wheel drive with seven seats, and a five-seat all-wheel drive which leans more on the performance aspect of its electric drivetrain. Is the trade-off worth it?

The answer is: It depends. Read on to find out why.

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Deep dive comparison

2024 Hyundai Ioniq 5 2023 Mercedes-Benz EQB

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