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.
Fact: almost one in every two mid-sized (2.5-3.5-tonne GVM) commercial vans sold in Australia is a Toyota HiAce. And if you take note of the diverse range of businesses that rely on this ubiquitous workhorse, as we did recently, you can appreciate its widespread appeal.
Apart from countless couriers and tradies, the HiAce is favoured by a vast range of businesses from locksmiths and pool maintenance specialists to window cleaners and mobile coffee baristas.
To ensure the HiAce maintains its broad business appeal, Toyota has recently released an upgraded range with enhanced active and passive safety features, improved instrumentation, electric power steering and other refinements. We recently spent a week at work with the latest offering to determine if its market dominance is justified.
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 HiAce maintains its staggering 50 per cent share of the mid-size commercial van market for numerous compelling reasons including its versatility, as evidenced by the diverse range of Aussie businesses that rely on it. Toyota’s latest suite of safety and other upgrades makes it even better.