MG Im5 vs Range Rover Velar

What's the difference?

VS
MG Im5
MG Im5

2026 price

Range Rover Velar
Range Rover Velar

$97,888 - $154,990

2024 price

Summary

2026 MG Im5
2024 Range Rover Velar
Safety Rating

Engine Type
0.0L

Bi Turbo 4, 2.0L
Fuel Type
Electric

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

2.2L/100km (combined)
Seating
5

5
Dislikes
  • Awkward rear seating position
  • No physical spare wheel
  • Some over-zealous active safety

  • Not as well-specified as it should be
  • Optional styling can make the cabin look cheap and nasty
  • PHEV element will only work for those who regularly charge
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.

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2024 Range Rover Velar Summary

The new Range Rover Velar P400e Dynamic HSE, or P400e for short, is the first Velar offered with a plug-in hybrid powertrain. In theory, this should make it a solid contender for those wanting a luxury SUV that produces a smaller and greener footprint.

It’s not as big as its Range Rover siblings, so if you’re after a sleeker Rangie that can do some 'mild' adventuring on the weekends while still looking flash during the week, this may be the one you’re looking for.

It faces competition from the BMW X5, Volvo XC90 and… at a stretch, the Porsche Cayenne. I’ve spent a week with the mid-level P400e Velar to see how it stacks up for everyday use.

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Deep dive comparison

2026 MG Im5 2024 Range Rover Velar

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