What's the difference?
The Polestar 2 was one of the first electric vehicles (EVs) in Australia to break through to the mainstream, however it has always been relegated to the Tesla Model 3’s shadow.
As a result Polestar is constantly playing catch up, releasing update after update for this premium-pushing electric liftback. The most notable was a major mid-life update in 2024.
Two years after this, Polestar has just rolled out the 2026 model year (MY26) update which introduces a range of subtle changes, largely under the surface.
It comes as Polestar is now introducing newer models, there’s mounting pressure from legacy carmakers who are only now catching up to EV tech, and Australians are moving away from buying passenger cars to SUVs.
Has this latest update improved the appeal? Read on to find out.
MG’s latest electric vehicle has arrived in Australia. The MG S5 EV replaces the super popular MG ZS EV. But don’t think of the MG S5 EV as just a replacement because if first impressions ring true this small budget electric SUV could be the new benchmark for the class.
The arrival could not be better timed. A multitude of new Chinese brands have been landing in Australia with small affordable electric SUVs such as the BYD Atto 3, Chery Omoda E5 and Zeekr X, while the MG ZS EV was getting older and uncompetitive even if its price was almost unbeatable.
Now the S5 EV has landed and our first impressions show it to be outstanding. We’ve tested it and can tell you how well it stacks up against the ZS EV and after you read this review you'll also know how well it may compare to its small budget electric SUV rivals.
This latest update for the Polestar 2 is lovely, but driving the original is a reminder of how solid this car has always been if you overlook the inherent impracticalities of being an EV on a combustion-engine platform.
The fact you still get steady flow of over-the-air software updates bringing new features, plus you can now upgrade to the new Qualcomm processor chip, saving some coin and getting a second-hand model that’s a couple of years old isn’t a bad option at all.
Note: CarsGuide attended this event as a guest of the manufacturer, with meals provided.
Benchmark is a big word. But I’ve been testing cars long enough to know when and where to use it, and if my motoring instincts are correct the MG S5 EV could be the new benchmark for budget small electric SUVs.
Still we’ve only driven one grade - the Essence with the bigger 62kWh battery. We need to get the other grades into the garage to test them too, but on first impressions the MG S5 is outstanding for price, practicality, styling, ownership, and the way it drives.
I’ve always been a fan of the Polestar 2’s exterior design and unlike many new cars it has aged like fine wine over the years. You need to remember the Polestar 2 dates back to 2016 when it was first revealed as a Volvo concept.
It still has clean lines, iconic lightning signatures, plus a tough stance that evokes just a touch of muscle car.
While it has taken me a while to come around to the new blanked-out grille insert, it suits the character of this car given it’s an EV. It also aligns with the wider Polestar design language.
For 2026 there haven’t been any major changes to the exterior. There’s a new sandy-like ‘Dune’ exterior paint colour replacing the silver ‘Jupiter’, plus a new 20-inch forged alloy wheel design for the Long range Dual motor Performance.
Inside, the Polestar 2 looks fundamentally the same as it did when it first launched, in the best and worst ways.
I appreciate how traditional car-like the layouts of the steering wheel, digital instrument cluster and touchscreen multimedia system are. Sure it doesn’t scream ultra high-tech anymore like some of its rivals, but there’s still an understated premium feel to it.
The same can be said for the rest of the Polestar 2’s interior. Everything feels purposeful in a minimalist way which helps make for a clean design.
Speaking of purposefulness, the optional Bowers and Wilkins sound system features a prominent tweeter on top of the dashboard. It looks stunning and is functional, helping to create an incredibly punchy and full sound stage in the cabin.
One of the few finishes I dislike in the interior is the glossy piano black on the steering wheel buttons. You interact with these frequently and it doesn’t take long for fingerprints to present themselves.
There’s now a new synthetic leather upholstery finish for those who opt for the $4700 Plus package. It’s quilted which helps emulate a premium puffer jacket-like look.
Although it’s expensive, the $4400 ‘Bridge of Weir’ Nappa leather upholstery is beautiful and required if you want ventilated front seats. You can only get black and white finishes, which is fine, but bringing back a tan or caramel option would be delicious.
The MG S5 EV is a completely new car. Unlike the ZS EV which was a combustion car that was later turned into an EV, the S5 EV was designed from the start and built as an electric vehicle and that’s super important for everything from space to how it drives.
The S5 EV is a bigger car than the ZS EV. It’s 153mm longer and 40mm wider and it shares the same underpinnings as the excellent MG4 hatch.
The S5 EV looks a bit like the MG4 but an SUV version and I think the styling is a massive improvement over the ZS EV. This thing looks snatched with its sleeker shape and a smooth modern face, the blade-like LED running lights sitting atop the headlights and I really like the treatment to the tail-lights as well and the way the boot lid flicks up into a little integrated spoiler.
It's a far more refined, mature and prestigious look to the ZS EV. And while we're being completely subjective here I also think it's better looking and more refined than the BYD Atto 3 and Chery E5.
That same refinement and modernity is everywhere in the superb cabin from the clean dash design and door trims, to the steering wheel and floating centre console.
This has always been the downfall of Polestar 2 and it remains true.
While it’s pretty and has a cockpit-like design, the cabin can feel compromised in terms of space and storage. This is primarily due to the centre console which angles upwards sharply, aggressively segmenting the driver and front passenger space.
The only storage spots on the centre console include a shallow shelf under the centre console, a wireless phone charger and another uncovered storage nook under the touchscreen.
It doesn’t help that the cupholder situation doesn’t allow for a proper centre armrest. You either have no cupholders and an armrest, one cupholder and your arm barely reaches the armrest, or two cupholders and the centre armrest flops into the backseat space. It’s not ideal.
Gripes aside, there are still positives to the Polestar 2’s front row. The seats are comfortable on longer drives and allow for a large degree of electric adjustment.
Ahead of the driver the steering wheel thankfully has physical buttons, allowing for easy use on the move. I also love how satisfying the indicator stalk thwack is. It’s the little things that count.
The digital instrument cluster has a minimalist look and can be customised with a few layouts. I particularly like the Google Maps layout which shows your navigation when using the in-built app.
Moving across, the Google Built-in software for the multimedia system is still up there as one of the most usable out there currently. It’s easy to navigate, plus if you get lost there’s a convenient home button at the bottom of the screen.
Both screens are now driven by a more powerful Qualcomm processor chip which allows for better responsiveness, smoother performance and higher download speeds for in-car apps.
Although we didn’t get a huge opportunity to stress test this new chip, it’s definitely an improvement on the old one. You can technically upgrade your old Polestar 2’s chip through a Polestar service centre, though it conveniently doesn’t list how much this costs.
While physical switchgear is limited, there’s still enough to get by. Over the years I’ve grown accustomed to using the touchscreen to change the climate control, though some physical dials and buttons would be nice.
Apple CarPlay and Android Auto are available in wired form only, which is surprising as wireless smartphone mirroring is now commonplace. It does mean however that your phone will charge up reliably.
Moving to the second row, it’s arguably where the Polestar 2 is at its worst. At a leggy 182cm I do fit behind my driving position but headroom is tight.
It doesn’t help that there’s a huge transmission tunnel which technically isn’t needed given this car is fully electric. That’s a downside of using a combustion-engine platform.
Second-row amenities include air vents, two USB-C ports, as well as a fold-down armrest with cupholders. Heated outboard seats are optional.
At the back the button to pop the boot is down where the number plate is. It’s not overtly obvious unless you know where to look.
As standard the tailgate is manually operated and you need to get the $4700 Plus pack in order to get it electrically operated. It also gets a hands-free function which is handy if you’ve got your hands full with bags.
Boot space is 407L with the rear seats upright, expanding to 1097L with them folded. This includes a 43L underfloor section which is large enough for some cables. The boot size is fairly standard for a vehicle of this size and type.
There’s also a 41L front boot which can be used for further cable storage or other various storage needs.
The MG S5 EV’s practicality is also outstanding and while it’s early days, it could be the new benchmark for the class. It's a spacious cabin with superb ergonomics and excellent storage.
Even as a taller person (I’m 189cm) there was plenty of elbow, shoulder and legroom for me as a driver and also to sit behind my driving position in the second row.
Storage is excellent with giant bottle holders in all the doors, stowage under the floating centre console, four cupholders and a flat space for your phone which also is a wireless charger on the Essence.
It’s such an ergonomic and practical cabin even the buttons are practical. There’s a volume dial, and physical buttons and switches for the climate control switch, not screen buttons.
And then there’s the boot, at 453 litres it’s about 10 litres bigger than the ZS EV’s cargo capacity. It's also 10L larger than the Atto 3 and a lot bigger than the Chery E5’s boot.
The 2026 Polestar 2 starts at $62,400, before on-road costs, for the Standard range Single motor and extends all the way to $85,080, before on-road costs, for the Long range Dual motor with the Plus and Performance packages.
This is more expensive than the similarly premium-pushing Tesla Model 3 ($54,990 to $80,900, before on-roads), as well as the more budget-oriented BYD Seal ($46,990 to $61,990, before on-roads).
Despite this, Polestar currently has some major deals and offers on new 2026 Polestar 2 stock to the tune of up to $13,000 off the drive-away price. This can see you drive away in a brand-new model for as little as $55,763, drive-away, in Victoria, which is around $5000 less than a base Model 3 RWD.
There’s a catch though… options. There is a slew of option packages and singular options available and they add up quickly.
Most notable is the new $3500 14-speaker Bowers & Wilkins sound system that must be bought in conjunction with the 'Plus package' which is $4700 on all trims besides the Long range Dual motor as it’s already standard.
Annoyingly, a heat pump is part of the $1500 'Climate package' which also brings heated rear seats, a heated steering wheel and heated wiper nozzles. So many carmakers now include heat pumps as standard fare in EVs as they help reduce energy consumption during colder months.
Beyond this, there’s a standard base of equipment which is fine for the price point. Highlights include LED headlights, a 12.3-inch digital instrument cluster, 11.2-inch touchscreen multimedia system, wired Apple CarPlay and Android Auto, wireless charger, dual-zone climate control and heated front seats with electric adjustment.
There are two grades in the MG S5 EV line-up. The Excite is the entry grade and the Essence is the top-of-the-range grade. Both come with a choice of two batteries - there's the smaller 49kWh battery and a bigger 62kWh battery. Now that you know this, the pricing will make more sense.
The MG S5 EV line-up starts at $40,490 with the entry grade Excite with the 49kWh battery, then steps up to $42,990 for the Essence also with the 49kWh battery. That increases to $44,990 for the Excite with the 62kWh battery and tops out at $47,990 for the Essence with this unit. All prices are drive-away.
Standard features on both the Excite and Essence include LED headlights, LED running lights and LED tail-lights, also standard are alloy wheels - 18-inch ones on the Essence and 17s on the Excite.
Both grades have proximity unlocking single-zone climate control, a 12.8 inch media display digital radio, a four-speaker stereo on the Excite and a six-speaker sound system on the Essence, while both have wireless Apple CarPlay and Android Auto, sat nav and a 10.25-inch instrument cluster.
The Essence has a few extra items the Excite doesn’t get like rear privacy glass, a panoramic glass roof, wireless phone charging, heated front seats and a power driver’s seat.
No changes have been made to the Polestar 2’s electric motor set-up for 2026.
Both the single-motor versions have been rear-wheel drive now for a few years and produce either 200kW or 220kW, depending on the battery pack.
The Long range Dual motor adds a front-mounted electric motor bringing total system outputs to 310kW and 740Nm. It’s capable of doing the 0-100km/h sprint in 4.5 seconds.
The $8980 Performance pack (available only on the Long range Dual motor) bumps the total system power output to 350kW. It also reduces the 0-100km/h sprint to 4.2 seconds.
The MG S5 EV has one electric motor driving the rear wheels and it has an output of 125kW and 250Nm. That’s plenty of grunt to move this electric car quickly and instantly in a way that feels controllable and smooth.
While front-wheel-drive cars are absolutely fine, rear-wheel drive tends to offer more engagement and feel, and that's an added bonus for the S5 EV.
Although we didn’t get to drive it at this media launch, the entry-level Polestar 2 Standard range Single motor has arguably received the biggest refresh of the line-up with this MY26 update.
It now has a slightly larger 70kWh lithium-ion battery pack sourced from CATL, replacing the LG Chem-sourced 69kWh lithium-ion battery. As a result there’s 554km of WLTP-claimed range with up to 554km (up from 546km).
Long range versions still have a CATL-sourced 82kWh lithium-ion battery with between 568km and 659km of WLTP-claimed range, depending on the variant. This is good but Tesla has moved the game forward with its Model 3 Long Range RWD which offers up to 750km of range.
We didn’t get a chance to fully test out energy consumption during this media event, but Polestar claims between 14.8kWh/100km and 17.2kWh/100km, depending on the variant. This is much better than when the Polestar 2 first launched.
While the maximum AC charging rate remains at 11kW across the line-up, the Standard range versions can now DC fast-charge at rates up to 180kW (up from 135kW). This means a 10 to 80 per cent charge can now take as little as 26 minutes.
Maximum DC fast-charging for Long range versions is still up to 205kW, allowing a 10 to 80 per cent charge in 28 minutes. Lots of newer rivals offer faster charging now.
The MG S5 EV’s energy consumption varies depending on the grade and battery size.
The most efficient in the range is the entry grade Excite with the 49kWh battery with MG saying on a combination of open and urban roads it should use 16.6kWh/100km (WLPT). The biggest energy user in the range is the Essence grade with the 62kWh battery with 17.1kWh/100km.
As for the range, this varies from 335km in the 49kWh Essence to 430km in the 62kWh Excite.
While outright practicality isn’t the Polestar 2’s strong suit, once you get on the road this melts away almost instantly.
This EV is and has always been a driver’s car that’s engaging and rewarding to steer. It’s a shame that many people’s first experience with it was likely in the second row as a rideshare with a driver that has a bad case of taxi foot.
Surprisingly, during the media launch drive program we had the opportunity to sample the original MY22 Long range Single motor and compare it back-to-back to the MY26 models. It’s rare this kind of thing happen.
This is notable because single-motor versions made the switch from front- to rear-wheel drive back in 2024.
While the MY22 example feels like a bulldog yet still capable of carving up corners, it holds up well if you ignore the odd cabin rattle and creak. You can also feel a marked difference with how the rear guides the latest MY26 Long range Single motor instead of the front when pushed.
This isn’t apparent in calmer, everyday driving situations. If you’re not a car person you likely wouldn’t be able to tell the difference.
The rear-mounted electric motor produces an adequate amount of oomph, allowing you to get up to speed with ease. Like all EVs you get snappy acceleration from a standstill, which is thrilling.
This is dialled up to 11 in the Long range Dual motor Performance. Although the Model 3 Performance is technically faster, it still feels like this Polestar 2 is quick enough.
In the fully loaded all-wheel drive trim you’re able to carve corners enthusiastically. It’s incredibly confidence-inspiring to chuck into corners as there’s grip for days and a bucketload of power to back it up.
Although the regenerative braking system is pretty powerful already, the Performance pack adds chunky Brembo physical brakes for added peace of mind. Perhaps Tesla could take note of this?
The aforementioned Performance pack also adds manually adjustable Öhlins dampers with a ‘Polestar Engineered’ performance chassis. It’s an incredible package with a dialled-in feel, though if you want to adjust the dampers you need to jack up the car.
If you’re not keen on outright performance, the regular Polestar 2’s suspension set-up still holds its own but has an added level of all-around comfort. It’s an improvement from the original which was a little too firm.
Across the line-up the steering is direct and makes this car feel nimble regardless of where or how you’re driving. You’re able to select from different steering feels which increase or decrease the resistance.
Given EVs have no engine noise, they can sometimes have more noticeable road and wind noise out on the open road. Thankfully the Polestar 2’s cabin is quiet enough, that is unless you’re driving on coarse-chip roads.
The MG S5 EV is outstanding to drive for an electric vehicle at this affordable price point. Again, I’m going to put it out there and suggest it could be the new benchmark for the more affordable end of the small electric SUV segment. Kia's EV3 is also a winner on the road, but it's quite a bit pricier than the MG.
I was never a fan of the way the ZS EV drove, from its seating position to ride and handling. But the MG S5 EV is completely different to pilot. It’s excellent.
This car feels so composed on the road, the body control is excellent, the steering is well weighted and direct, the visibility is excellent and the pedal feel under my feet is solid, too. And all of that is combined with an electric motor that makes the perfect amount of power.
Add to all this the rear-wheel-drive component and the MG S5 EV is not just easy to drive but engaging as well.
The Polestar 2 received a maximum five-star ANCAP safety rating based on testing conducted in 2021.
Standard safety equipment includes eight airbags, autonomous emergency braking (AEB), blind-spot monitoring, rear cross-traffic alert, adaptive cruise control, lane-keep assist, lane centering, front and rear parking sensors as well as a surround-view camera system.
This amount of safety tech is pretty standard fare now, but I particularly like how well they are tuned. It’s more noticeable in a world where new cars from new carmakers continually chime at you even though you’re driving normally.
There are ISOFIX child seat anchorages on the two outboard rear seats, plus top-tether points on all three rear seats.
The MG S5 EV has the maximum five-star ANCAP rating and that’s from 2025 so it is super fresh. That means it has the lot so there’s auto emergency braking (AEB), front cross-traffic alert, rear cross-traffic alert with braking, lane keeping assistance and blind spot warning, adaptive cruise control, intelligent speed limit assist and more.
There's also a driver and front passenger airbag, two side airbags, two curtain airbags and a far side airbag.
For child seats there are two ISOFIX points and three top tether anchor points.
The Polestar 2 is covered by a five-year, unlimited-kilometre warranty, whereas the high-voltage battery is covered by an eight-year, 160,000km warranty.
While this battery warranty length is standard, a five-year warranty is getting a little short now in the grand scheme of things as many brands are moving to seven-year warranties.
Owners also get five years' of roadside assistance which can be accessed by pressing the ‘Connect’ button on the overhead console. It’s available 24/7 and includes car recovery and alternative transport, if required.
Logbook servicing is required every 24 months or 30,000km, which is standard for EVs. At the time of writing Polestar Australia was finalising service pricing for the MY26 2 and we'll update this review as soon as we receive the details.
There are a total of 23 Polestar service centres around Australia, a number of them shared with Volvo.
The MG S5 EV is covered by MG’s 10-year 250,000 kilometre warranty. And that includes the battery. Regular families though do about 10,000km a year or 20,000km maximum, so this warranty offers excellent coverage for them.