What's the difference?
The all-new PV5 Cargo is Kia’s first full-electric van which expands the popular Korean brand’s growing electrified vehicle range into Australia’s light commercial vehicle (LCV) segment.
Designed from the ground up on Kia’s new E-GMP.S chassis platform, which is specifically designed for current and future electric LCV applications, the PV5 eliminates the compromises often associated with adapted internal combustion engine (ICE) platforms to optimise interior space, ease of loading and drivetrain efficiency with 400km-plus driving range.
It has not only won the prestigious 2026 International Van of the Year award but its compact dimensions also carve out a new niche for buyers wanting a vehicle larger than a small van (under 2.5-tonne GVM) but more compact than a mid-size one (2.5 to 3.5-tonne GVM).
We recently spent a working week behind the wheel to see if this purpose-built full-electric newcomer has what it takes to win over Aussie van buyers.
There's a hell of a lot riding on the shoulders of the Hyundai Elexio, which is shaping as the brand's best shot to date at taking on Made In China models like the BYD Sealion 7 and Tesla Model Y.
While the Ioniq family sits atop the EV tree at Hyundai, the Elexio is a very different proposition. It's priced more sharply (the brand is quick to point out that it's only about $8 a week more expensive than a Sealion 7 on a novated lease), and it's the first Hyundai vehicle offered in Australia that's produced in the brand's Chinese factory through its Beijing Hyundai joint venture.
In short, it feels a lot like Hyundai is ready to take on BYD at their own game in Australia.
So, is the Elexio the pick of the Made In China bunch?
The PV5 Cargo has been designed from scratch as a full-electric van resulting in a refined and sophisticated workhorse that's enjoyable to drive. Its modest cargo volume won’t suit all mid-size van buyers but its compact dimensions, clever cabin design with ample storage, zero 'tailpipe' emissions, 3.6kW V2L practicality and long service intervals should make it well suited to a wide variety of working roles.
The Elexio doesn't really push any boundaries in terms of its exterior design, its powertrain, or its battery. It doesn't drive itself. It doesn't look like a spaceship. And apart from some interior quirks, it's all pretty familiar in the way it goes about its business.
And I think maybe that's the point. Maybe that's what people are really looking for. Because Hyundai says this will be its best-selling EV in the country. And on our short test, we can't find too many reasons to disagree.
Note: CarsGuide attended this event as a guest of the manufacturer, with accommodation and meals provided.
Note: The author, Andrew Chesterton, is a co-owner of Smart As Media, a content agency and media distribution service with a number of automotive brands among its clients. When producing content for CarsGuide, he does so in accordance with the CarsGuide Editorial Guidelines and Code of Ethics, and the views and opinions expressed in this article are solely those of the author.