MG Im5 vs Volvo XC40

What's the difference?

VS
MG Im5
MG Im5

2026 price

Volvo XC40
Volvo XC40

$52,990 - $79,990

2024 price

Summary

2026 MG Im5
2024 Volvo XC40
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

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

  • Ride comfort isn't there on long journeys
  • Loud cabin at higher speeds
  • Interior trims don't match grade level
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 Volvo XC40 Summary

The XC40 Recharge Twin Motor is the flagship model for the segment leading small electric SUV from Volvo.

Well positioned in terms of price, specifications and driving range, it continues to prove itself a fierce rival to the Mercedes-Benz EQA, Lexus UX and newcomer BMW iX1.

But does it bring its A-game to every attribute buyers in the small electric SUV segment demand? In this review, we put it to test to find out.

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Deep dive comparison

2026 MG Im5 2024 Volvo XC40

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