Hyundai Ioniq 5 vs Toyota RAV4

What's the difference?

VS
Hyundai Ioniq 5
Hyundai Ioniq 5

$42,449 - $92,950

2024 price

Toyota RAV4
Toyota RAV4

$45,990 - $66,430

2026 price

Summary

2024 Hyundai Ioniq 5
2026 Toyota RAV4
Safety Rating

Engine Type
Not Applicable, 0.0L

Inline 4, 2.5L
Fuel Type
Electric

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

4.8L/100km (combined)
Seating
5

5
Dislikes
  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle

  • Heavy-use of plastics is a buzzkill
  • Missing some second-row features
  • Grade distinctions are too close
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 Toyota RAV4 Summary

The Toyota RAV4 is arguably Australia’s darling and has been for years. It’s long set the benchmark in the mid-size SUV segment - a position rivals like the Hyundai Tucson, Kia Sportage and Mazda CX-5 would love to occupy.

It’s also been close to a decade since we’ve seen anything new from the RAV4, so expectations for this sixth-generation update are understandably high. For this family review, we’re testing the flagship Cruiser Hybrid 2WD, which brings the most features and the biggest price tag in the line-up.

On paper, it promises meaningful upgrades, particularly in technology and refinement, while holding onto the practicality and efficiency that made it so popular in the first place.

But with stronger competition and rising expectations in this segment, the question is no longer whether the RAV4 is good, it’s whether it’s done enough to stay at the top.

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Deep dive comparison

2024 Hyundai Ioniq 5 2026 Toyota RAV4

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