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All cars › MG S5 EV vs GAC Aion VHead to head · Updated November 2026

MG S5 EV vs GAC Aion VWhich is cheaper to run?

The verdict

MG S5 EV Essence 49✓ Cheaper to own✓ Cheaper to run
GAC Aion V Premium✓ Lower price✓ More range✓ Faster charging✓ Cheaper servicing

Based on the cheapest version of each, 250 km a week in NSW, mostly charged at home. Details in the table below.

Over 5 years the MG S5 EV Essence 49 works out about $2,706 cheaper to own than the GAC Aion V Premium, counting price, charging, servicing and tyres.

MG S5 EV
335 kmSmall SUVClaimed range, Essence 4947.1 kWh battery4.48 m long
GAC Aion V
510 kmMid-size SUVClaimed range75.3 kWh battery4.61 m long

Side by side

Comparing the MG S5 EV Essence 49 and GAC Aion V Premium. Better figure in green. Charging assumes 250 km a week, 90% at home.

MG S5 EV Essence 49GAC Aion V Premium
Price$42,990drive-away$42,590+ on-roads
Claimed range335 km510 km
Battery47.1 kWh75.3 kWh
Energy use16.6 kWh/100 km16.7 kWh/100 km
Length4.48 m4.61 m
Charging per week (NSW)$15.57$15.66
Servicing per year$558$300
Tyres per year$371$446
Home charger (one-off)$2,000$2,000
Full charge at home7 hours11 hours
Max fast charge120 kW180 kW
Warranty7 yrs / unlimited km (10 yrs / 250,000 km if serviced by MG)8 yrs / unlimited km
5-year cost to own$53,684$56,390
What do "on the road" and "cost to own" mean?

Before on-road costs (+ on-roads): the car's list price only. You pay extra government charges and dealer fees on top when you buy.

On-road costs: stamp duty, first year's registration, compulsory third party (CTP) insurance, number plates and the dealer's delivery fee. They usually add $3,000–6,000 depending on the car and your state. Where a price is "before on-roads" we add about $4,000. See stamp duty and rego by state.

Drive-away: a price that already includes the on-road costs, so it's what you actually pay to drive the car home.

On the road price: the drive-away price, or the list price plus our on-road estimate.

Cost to own: everything you'd spend over the years you keep the car (5 unless you change it): the on the road price, plus a home wall charger for EVs (about $2,000, one-off), plus charging or fuel, scheduled servicing and tyres for every year. Divide it by the number of weeks to see what the car really costs you each week.

Match score (Pick my car): this is about fit, not quality. Each car that fits your answers is compared only with the other cars that fit, on eight things, and a car that does something less well than the others in that group scores lower on it, even if it's good at it. Change your budget or answers and the group changes, so the scores do too. The eight things: how much car the money buys (price, 20%), ANCAP safety rating (15%: a current rating counts in full, an expired one less, and a car ANCAP hasn't rated counts as middling), range (15%), performance (0–100 km/h, or power where no time is published, 10%), fast-charging speed (peak DC kW, 10%), warranty length (10%, with the battery warranty counted for cars that plug in), servicing and tyre costs (15%), and recalls and track record (5%: major recalls in Australia on our list count against a car (our recall list covers the bigger, well-reported ones, so a clean record here is not a guarantee), and models sold here for longer get a little credit). A figure we don't have counts as middling, not as bad. "Most car for my budget" ranks by this match score; "Lowest cost to own" ranks by cost and uses the score only to split near-ties.

Not included: yearly rego renewals and insurance after the first year (see what EVs and hybrids cost to insure), finance interest, and what the car is worth when you sell it. These vary too much by person and car to estimate fairly, and resale value is the biggest unknown, especially for newer brands.

Compare with your own numbers

Weekly charging cost by state

250 km a week, mostly charged at home, on each state's 2026–27 default electricity rate.

StateMG S5 EVGAC Aion V
NSW$15.57$15.66
Victoria$13.51$13.59
Queensland$13.36$13.44
South Australia$18.55$18.67
WA$15.34$15.43
Tasmania$12.17$12.24
ACT$16.72$16.83
NT$14.15$14.23

Beyond the running costs

These are different kinds of car: the MG S5 EV is a small SUV and the GAC Aion V is a mid-size SUV, so check the size suits you before the price. Only the MG S5 EV is rated to tow. The MG S5 EV is clearly quicker in its fastest version.

MG S5 EVGAC Aion V
TypeSmall SUVMid-size SUV
ANCAP safety5 stars (tested 2025)5 stars (tested 2025)
Braked towing750 kgNot rated to tow
0–100 km/h6.3 to 8 s7.9 s
DriveRWDFWD
On sale here since20252025

Safety ratings are ANCAP's; towing and performance are the makers' figures, across all versions. Sources are on each car's page: MG S5 EV · GAC Aion V.

Next step

Try them with your own driving

Compare these two in Compare ›

Change your state, kilometres and home charging, or add a third car.

Common questions

Is the MG S5 EV or GAC Aion V cheaper to own?

The MG S5 EV Essence 49 is about $2,706 cheaper to own over 5 years. This counts the price, charging mostly at home, scheduled servicing and tyres, driving 250 km a week in NSW.

Which is cheaper to charge, the MG S5 EV or GAC Aion V?

In NSW, charging mostly at home, the MG S5 EV Essence 49 costs about $15.57 a week and the GAC Aion V Premium about $15.66 for 250 km of driving.

Which has more range, the MG S5 EV or GAC Aion V?

The GAC Aion V Premium has a claimed range of 510 km, versus 335 km. Expect less at highway speeds.

Which is bigger, the MG S5 EV or GAC Aion V?

The MG S5 EV is 4.48 m long and the GAC Aion V is 4.61 m long.

More comparisons

How we work it out, and our sources

Weekly cost = the car's energy use × 250 km × your electricity or fuel price, with 90% of charging at home. Prices are list prices at November 2026; check with the dealer.

  • Electricity: 2026–27 default rates (AER, Victorian Default Offer, state retailers). Public charging: Sydney network prices, July 2026.
  • Petrol and diesel: capital-city daily averages from state government price feeds, via FuelRadar, 12 November 2026. Diesel for Hobart, Canberra and Darwin is estimated from the national fall.
  • Cars: maker figures via CarExpert, Drive, CarsGuide and EV Central. Plug-in electric range is taken as 80% of the claim.
  • Servicing: published capped prices; marked as an estimate where not yet published (CarExpert comparison).
  • Tyres: an EV set lasts about 35,000 km, a petrol or hybrid set 50,000 km (RACV); prices from Gridly.
  • Home charger: about $2,000 installed ($1,000–$3,000). Novated leases: PwC summary.

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