MG Im5 vs Tesla Model Y

What's the difference?

VS
MG Im5
MG Im5

$60,990 - $77,990

2026 price

Tesla Model Y
Tesla Model Y

$58,900 - $89,400

2026 price

Summary

2026 MG Im5
2026 Tesla Model Y
Safety Rating

Engine Type
0.0L

Not Applicable, 0.0L
Fuel Type
Electric

Electric
Fuel Efficiency
0.0L/100km (combined)

0.0L/100km (combined)
Seating
5

6
Dislikes
  • Awkward rear seating position
  • No physical spare wheel
  • Some over-zealous active safety

  • Ride might be too firm for some
  • Compromised vision from driver's seat
  • Lack of Apple CarPlay a turn-off
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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2026 Tesla Model Y Summary

This is the new Tesla Model Y L, of course, but before we even start I need to ask you a very important question.

How often, honestly, do you use all seven seats in your seven-seater? Or if you only have five seats, how often is there a human in every single one?

Rarely, if ever?

Yep, me too. So stick around, because this is, by far, the best family SUV seating layout. And one where there’ll finally be no fighting over who gets stuck with the dodgy seat.

And as a result, the six-seat Tesla Model Y L might just be among the best all-electric SUV offerings around.

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Deep dive comparison

2026 MG Im5 2026 Tesla Model Y

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