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The Top Affordable Electric Vehicles Under $50,000 in Australia 2026

Updated: 34 minutes ago


The Australian electric vehicle market has reached a significant turning point in 2026. With more brands entering the fray, the sub-$50,000 segment now offers a diverse range of body styles, from compact city cars to mid-sized family SUVs.


This article provides a brief overview of each model. For a more comprehensive analysis, please click the links to read our detailed reviews.


Here are the electric vehicles currently available in Australia for $50,000 or under, listed in brand alphabetical order.


BYD

BYD continues to lead the market in volume for the budget segment, with four models qualifying for this price bracket.


Atto 1: Starting from $23,990 (plus ORC) for the Essential.

  • Key Features: 10.1-inch rotating touchscreen, V2L (Vehicle-to-Load) capability (Premium), and ultra-safe Blade Battery technology.

  • WLTP Range: 220km (Essential) to 310km (Premium).

For a detailed review, click the link below -


Dolphin: Starting at $29,990 (plus ORC) for the Essential.

  • Key Features: 5-star ANCAP safety rating, panoramic glass roof (Premium), and 360-degree high-definition camera.

  • WLTP Range: 340km (Ess) to 427km (Premium).


Atto 2: Starting from $31,990 (plus ORC).



Atto 3: Starting from $39,990 (plus ORC) for the Standard Range.

  • Key Features: Electric tailgate, innovative guitar-string door pockets, and a high-efficiency heat pump.

  • WLTP Range: 345km.



Warranty All BYD products in Australia have: 6-year/150,000km vehicle warranty; 8-year/160,000km battery warranty.


For more product details and specific state ORC, head to: bydautomotive.com.au 


Chery

Chery offers the Omoda E5 SUV (renamed E5 for 2026), available in two variants.


E5 Urban/Ultimate: Starting from $38,990 drive-away (Urban).

  • Key Features: Dual 12.3-inch curved screens, a full-size spare wheel, and a premium 8-speaker Sony sound system (Ultimate).

  • WLTP Range: 430km.

  • Warranty: 7-year/unlimited km vehicle & 8-year/unlimited km battery warranty.

For more product details and specific state ORC head to: cherymotor.com.au 


Geely

Geely marks its return to Australia with the EX5 mid-sized SUV, offering high-end tech for a competitive price.

EX5 Complete/Inspire: Priced from $41,990 (plus ORC).

  • Key Features: 15.4-inch 2.5K infotainment screen, advanced Flyme Auto OS, and massaging front seats (Inspire).

  • WLTP Range: 430km to 475km.

  • Warranty: 7-year/unlimited km vehicle warranty; 8-year/unlimited km battery warranty.

For more product details and specific state ORC head to: geely.com.au 


GWM

The 2026 GWM Ora hatchback update focuses on distinctive styling and enhanced V2L capabilities.


Ora Lux/Ultra/GT: Starting from $33,990 drive-away.

  • Key Features: Retro-futuristic aesthetic, 6kW V2L output as standard, and a 10.25-inch dual-screen setup.

  • WLTP Range: 380km to 400km.

  • Warranty: 7-year vehicle & 8-year battery unlimited KM warranty.

For more product details and specific state ORC head to: gwmanz.com/au 


Hyundai

Hyundai provides two distinct options, including the new urban-focused Inster.


Inster: Starting from $35,990 drive-away.

  • Key Features: Fully fold-flat seating (including driver), V2L functionality, and "Pixel" LED lighting signature.

  • WLTP Range: 300km to 355km.

  • Warranty: 7-year/unlimited km vehicle warranty, 8-year/160,000km battery warranty.

Kona Electric: Starting from $45,990 drive-away for the Standard Range.

  • Key Features:  i-PEDAL one-pedal driving mode, and a massive range on Extended Range variants.

  • WLTP Range: 370km to 505km.

  • Warranty: 7-year/unlimited km vehicle, 8-year/160,000km battery warranty.

Note: Vehicle Warranty timeframe, if serviced at Hyundai dealership.

For more product details and specific state ORC head to: hyundai.com/au 


Leapmotor

Distributed by Stellantis, Leapmotor focuses on "Maserati-tuned" ride quality and spacious cabins.

B10: Starting at $38,900 drive-away for the Style variant.

  • Key Features: Rear-wheel drive handling, 1.8-square-metre panoramic glass roof, and Qualcomm Snapdragon 8155 chip.

  • WLTP Range: 361km to 434km.

  • Warranty: 6-year/150,000km vehicle warranty; 8-year/160,000km battery warranty.


C10: Starting from $45,888 (plus ORC).

  • Key Features: Hidden door handles, 12-speaker surround sound, and a built-in 360-degree dashcam recorder.

  • WLTP Range: 420km.

  • Warranty: 6-year/150,000km vehicle warranty; 8-year/160,000km battery warranty.



For more product details and specific state ORC, head to: leapmotor.net/au 


MG

MG offers the longest warranty in the market, covering 10 years when serviced through their network.


MG4 (Including new Urban): Starting at $31,990 Drive away.

  • Key Features: 50:50 weight distribution, rear-wheel drive (on existing models), and one-pedal driving.

  • WLTP Range: 325km to 530km.

  • Warranty: 10-year/250,000km vehicle and battery warranty (when serviced with MG).



S5 SUV: Starting at $40,490 Drive away.

  • Key Features: Multi-link independent rear suspension, 12.8-inch floating infotainment hub, and MG Pilot safety suite.

  • WLTP Range: 340km to 430km.

  • Warranty: 10-year/250,000km vehicle and battery warranty (when serviced with MG).


For more product details and specific state ORC head to: mgmotor.com.au 


Renault

The Renault Megane E-Tech is a stylish, compact electric crossover available in Australia in a single, well-equipped "Techno EV60" trim.

  • Megane E-Tech: Now priced from an incredibly competitive $49,990 Drive away, down from its original launch price of nearly $65,000.

  • Key Features: Google Built-in infotainment system (native Google Maps, Assistant, & Play Store), & a rapid 130kW DC charging capacity.

  • WLTP Range: 454km.

  • Warranty: 5-year/unlimited km vehicle & 8-year/160,000km battery warranty.

For more product details, head to: renault.com.au

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