Lexus Rz vs MG Im5

What's the difference?

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Lexus Rz
Lexus Rz

2026 price

MG Im5
MG Im5

2026 price

Summary

2026 Lexus Rz
2026 MG Im5
Safety Rating

Engine Type

0.0L
Fuel Type
-

Electric
Fuel Efficiency
-

0.0L/100km (combined)
Seating
-

5
Dislikes
  • Numb steering
  • No spare
  • F Sport's jerky ‘Manual Drive’

  • Awkward rear seating position
  • No physical spare wheel
  • Some over-zealous active safety
2026 Lexus Rz Summary

When the Lexus RZ launched in Australia just over two years ago CarsGuide questioned the Japanese luxury brand’s relatively late arrival to the EV party.

And since then, this large, premium, battery-electric, five-seat SUV has proved something of a niche player with less than 100 sold in 2024 and a similar number in prospect for 2025.

But there’s been movement at the RZ station. This comprehensively updated model features a revised powertrain, retuned suspension, tweaked AWD system and the availability of things like steer-by-wire and a tricky manual mode in the auto transmission.

And yes, Lexus claims it’s more refined than its already smooth and near-silent predecessor. 

Scheduled to hit local showrooms in the first half of 2026, we were invited to take a first drive at its global launch. So, read on to see if this could be your next electrically propelled, performance luxury, family favourite.

View full pricing & specs
2026 MG Im5 Summary

Yep, it’s like deja vu all over again! Yet another fresh name in the Aussie new-car market, but this time in the form of a sub-brand from a carmaker that itself feels like it’s only been around for five minutes (but has in fact been in market here for a decade or more).

We’re testing the MG IM5 Performance, the IM badge standing alone in other markets. There, as here, signifying a new level of equipment, performance and quality.

And we’ve been steering this top-spec, dual-motor AWD version of the pure-electric, five-door liftback IM5, priced and specified to challenge a rapidly expanding group of high-performance mid-size EV sedans now occupying local showrooms.

 So, read on to see if this premium electric performer has what it takes to tempt you into a new option from the latest challenger brand to jump into the ever-intensifying, no-holds barred contest for your new-car dollars.

View full pricing & specs

Deep dive comparison

2026 Lexus Rz 2026 MG Im5

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