MG Im5 vs Mazda 2

What's the difference?

VS
MG Im5
MG Im5

$60,990 - $77,990

2026 price

Mazda 2
Mazda 2

$16,997 - $29,998

2024 price

Summary

2026 MG Im5
2024 Mazda 2
Safety Rating

Engine Type
0.0L

Inline 4, 1.5L
Fuel Type
Electric

Unleaded Petrol
Fuel Efficiency
0.0L/100km (combined)

5.4L/100km (combined)
Seating
5

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

  • Interior is dating
  • Engine noise under load
  • Pricing not quite 'first-car'
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 Mazda 2 Summary

The entry-point into one of Australia's most popular brands has been around for almost 10 years in its current generation, but the Mazda2 has had a refresh.

Possibly for the last time in its current lifespan, the small hatchback gets a facelift to remain appealing, Mazda hopes, to first-car-buyers.

Mazda's up against not only direct rivals, like the Suzuki Swift and Toyota Yaris, but also the shifting market.

Mazda has sold just over 3500 Mazda2s so far this year, but almost 11,000 CX-3 small SUVs, the latter based on our friend here's platform.

It's a name with a little over two decades behind it, but can it be a first-car-favourite in an increasingly difficult small car market?

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Deep dive comparison

2026 MG Im5 2024 Mazda 2

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