Hyundai Ioniq 5 vs Volvo XC90

What's the difference?

VS
Hyundai Ioniq 5
Hyundai Ioniq 5

$42,449 - $88,950

2024 price

Volvo XC90
Volvo XC90

$97,990 - $130,990

2026 price

Summary

2024 Hyundai Ioniq 5
2026 Volvo XC90
Safety Rating

Electric motor type
Permanent Magnet

Turbo 4, 2.0L
Vehicle type
Battery Electric

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Electric range
500 km

1.8L/100km (combined)
Energy consumption
18.2 kWh/100km

Battery capacity
84.00 kWh

Seating
5

7
Dislikes
  • Awkward exterior door handles
  • No spare wheel
  • Big turning circle

  • Old school EV driving range
  • Clunky third row set-up
  • Unsettled low-speed ride
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 Volvo XC90 Summary

The first-generation Volvo XC90 remained on sale for 12 years in Australia before being replaced by the handsome second-gen version that recently clocked up a decade of sales.

There’s a reason for the longevity. People love the Volvo XC90. It is a reliable seven-seat family-friendly SUV with a premium bent. You’ll spot loads of these at fancy private school drop off.

Volvo has extended the life of the second-gen XC90 with a significant late-life update. It adopts some features from its stablemate, the similarly sized and positioned EX90 electric SUV.

It doesn’t get a fully-electric powertrain but you have the choice of a mild-hybrid grade that acts as the range opener and the well-equipped T8 Plug-In Hybrid I’m testing.

Interestingly, a number of this car’s rivals have had their lives extended, too. As many carmakers pour billions into EVs, they’ve taken to delivering major updates to older internal combustion platforms rather than developing all-new underpinnings. The Audi Q7 and BMW X5 are other examples of this.

For the update, Volvo has ushered in a front-end design refresh, a fresh take on the interior, new multimedia and safety tech, a light tweak to suspension and new colours and wheels.

But is this enough to keep premium SUV buyers interested? Let’s find out…

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Deep dive comparison

2024 Hyundai Ioniq 5 2026 Volvo XC90

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