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The Top 17 Affordable Electric Vehicles Under $50,000 in Australia 2026.

Updated: May 25


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 less, listed in alphabetical order by brand.


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 $37,990 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 


GAC Aion

Aion V: A mid-sized family SUV with an emphasis on cabin space and advanced driver assistance, offered in two distinct trim levels.


Aion V Premium starting from $42,590 plus ORC, and the Lux from $44,590

  • Key Features: Panoramic sunroof, 14.6-inch touchscreen infotainment display with Apple CarPlay/Android Auto, & a 150kW front-mounted electric motor. The top-tier Luxury eight-point massaging front seat,

  • WLTP Range: 510km.

  • Warranty: 8-year/unlimited km vehicle warranty; 8-year/200,000km battery warranty.

For more product details and specific state ORC head to: aionauto.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: 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 


Jaecoo

Jaecoo J5 EV enters the Australian budget EV segment with its highly in demand compact SUV. 

 

J5 EV (Summit): Starting at $36,990 drive-away.

  • Key Features: Certified scratch-resistant "pet-friendly" seats, massive 1.45-square-metre panoramic glass roof, and built-in Karaoke

WLTP Range: 402km.

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

For more product details and specific state ORC head to: omodajaecoo.com.au/models/jaecoo-j5-bev


Hyundai

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

Inster: Starting from $38,990 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 $30,990 RRP

  • 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 $40,990 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


Skoda

The Czech brand's entry into the Australian electric market debuts its striking new "Modern Solid" design language. 

  • Elroq: A SUV that brings the brand's clever interior packaging to the EV landscape.  

  • Pricing: Starts from $49,990 drive-away for the entry-level Select 60, stepping up to $69,990 drive-away for the longer-range Elroq 130 Years Edition.  

  • Key Features: "Simply Clever" interior touches (like an integrated driver's door umbrella and dedicated charging cable tidy) and a spacious 470-litre boot,

    • WLTP Range: 395km to 529km.  

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

For a detailed review, click the link- The New Skoda Elroq Is A Brilliant Electric Family SUV

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

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