10 of the Cheapest Electric Vehicles in Australia 2024

With nearly every manufacturer throwing their hat into the ring combined with fierce pressure coming from new overseas EV makers, Australians stand to benefit from cheap electric vehicles stemming from all this competition.

If you’ve been wondering what your best and most affordable options within the growing EV segment are, join us as we take a look at ten of the cheapest electric vehicles on sale here in Australia in 2024.

If you’re looking for your best options for an affordable electric vehicle, reach out to one of our car-buying specialists.

MG 4 Excite 51

The MG 4 takes the honour of Australia’s cheapest electric vehicle, as of the latter stages of 2024.

The MG 4 is a very solid performer on the value front, with the company hoping to one-up its rivals on price while over-delivering in terms of features and a long-lasting ten-year warranty.

Inside, the MG4’s spacious hatchback design offers decent space in the front and rear of the cabin, while the sleek, minimalist dashboard is headlined by a 10.25-inch infotainment system across all members of the range.

• Price: $30,990

• Power & Torque: 125kW / 250Nm

• Battery Size: 51kWh

• Energy Consumption: 18.4kWh/100km

• Range: 350km

• Boot Size: 363 - 1,177L

• ANCAP Safety Rating: Five-star (tested 2022)

• Warranty: Ten-year/250,000-km

GWM Ora Standard Range

The GWM Ora is Australia’s second-cheapest EV on sale, with its cute styling backed by an impressively practical hatchback design for such a small footprint.

Behind the wheel, the GWM Ora is a smooth package perfectly positioned for the urban jungle, while the company’s generous approach to features and a long warranty program certainly help to sweeten the deal for Aussie buyers.

• Price: $33,990

• Power & Torque: 126kW / 250Nm

• Battery Size: 48kWh

• Range: 310km

• Boot Size: 228 - 858L

• ANCAP Safety Rating: Five-star (tested 2022)

• Warranty: Seven-year/unlimited-km

BYD Dolphin Dynamic

The Dolphin has played a key role in BYD’s Australian expansion plans, providing buyers with a well-equipped hatchback with a serious value proposition to boot.

Thanks to a price cut earlier this year, the BYD Dolphin is more affordable than ever, with the company sticking by its generous approach to features in order to keep up with its major rivals.

On the road, the BYD Dolphin is surprisingly comfortable when tested on some rougher Australian B-roads, making for one of the more versatile, affordable EVs on offer in 2024.

• Price: $36,890 

• Power & Torque: 70kW / 180Nm

• Battery Size: 44.9kWh

• Range: 340km

• Boot Size: 345 - 1,310L

• ANCAP Safety Rating:

• Warranty: Six-year/150,000km (eight-years for battery)

Nissan LEAF

The Nissan LEAF is one of the original, mass-produced electric vehicles. In many ways, it did the legwork in setting the stage for its rivals and, in spite of its age, remains a great contender in the EV space.

Ahead of an updated LEAF arriving in the near future, Nissan has announced a number of cut-price deals for the LEAF range, both the entry-level version and the more premium LEAF e+.

• Price: $39,990

• Power & Torque: 110kW / 320Nm

• Battery Size: 39kWh

• Range: 270km

• Boot Size: 405 - 1,176L

• ANCAP Safety Rating: Expired five-star rating (tested 2018)

• Warranty: Five-year/unlimited-kilometre (eight-years for battery)

MG ZS EV Excite

With compact SUVs all the rage these days, MG’s move to transplant a battery-electric powertrain in its top-selling ZS package has proved a stroke of genius.

MG offers three versions of the ZS, including a long range version at the pointy end of the range and a great value base model that provides decent range figures, a long list of features and the company’s excellent ten year warranty.

• Price: $42,299

• Power & Torque: 130kW / 280Nm

• Battery Size: 50.3kWh

• Range: 320km

• Boot Size: 359L

• ANCAP Safety Rating: Unrated

• Warranty: Ten-year/250,000-km

Chery Omoda E5 BX

Following in the footsteps of the petrol-powered Omoda, recent entrant to the Australian market, Chery, has launched the battery-electric Omoda E5.

Chery is hoping to expand its slice of the pie here in Australia with sharp pricing for the E5 range which, combined with a practical interior, modern styling package and solid range figures from a substantial battery pack.

• Price: $42,990

• Power & Torque: 150kW / 340Nm

• Battery Size: 61.1kWh

• Range: 430km

• Boot Size: 300 - 1,079L

• ANCAP Safety Rating: Unrated

• Warranty: Seven-year/unlimited-km

BYD Atto 3 Standard Range

The BYD Atto 3 range has been in Australia for a while now, carving itself a solid share of the market thanks to its undeniable value proposition.

Designed to appeal to small SUV buyers looking to make the switch, the Atto 3 impresses with its ride quality, long equipment lists, decent range figures and a lengthy warranty with additional coverage for the battery pack.

• Price: $44,499

• Power & Torque: 150kW / 310Nm

• Battery Size: 49.94kWh

• Range: 345km

• Boot Size: 440 - 1,340L

• ANCAP Safety Rating: Five-star (tested 2022)

• Warranty: Six-year/150,000km (eight-years for battery)

Leapmotor C10 Style

Leapmotor is a new entrant to the Australian market and yet another giant from China hoping to expand its global footprint with a range of affordable electric vehicles.

The Leapmotor C10 sits as a medium SUV aimed at taking on some of the biggest names in the segment with a spacious interior, healthy range figures and a unique interior design filled with technology.

• Price: $49,710

• Power & Torque: 160kW / 320Nm

• Battery Size: 69.9kWh

• Range: 420km

• Boot Size: 581 - 1,410L

• ANCAP Safety Rating: Unrated

• Warranty: Seven-year/160,000km (eight years for battery)

BYD Seal Dynamic Standard Range

The BYD Seal is a great proposition for those in the market for a sleek and stylish sedan package that over-delivers on the value front.

With extremely tough competition, BYD has thrown the kitchen sink at the Seal, ensuring it rides well on Australian roads, offers a lightning-fast flagship and maintains an extremely generous approach to features in the base model.

• Price: $49,888

• Power & Torque: 150kW / 310Nm

• Battery Size: 61.4kWh

• Range: 460km

• Boot Size: 450L

• ANCAP Safety Rating: Five-star (tested 2023)

• Warranty: Six-year/unlimited-kilometre (eight-year for battery)

Jeep Avenger Longitude

Jeep is jumping head-first into the electric vehicle revolution with the help of its pint-sized SUV, the Avenger.

With a sharp, futuristic yet familiar styling package, the Jeep Avenger showcases a new interior design and layout, new technology and a very compelling value proposition as the company hopes to get a solid footing in a key emerging market.

• Price: $49,990

• Power & Torque: 115kW / 260Nm

• Battery Size: 51kWh

• Range: 396km

• Boot Size: 380L

• ANCAP Safety Rating: Unrated 

• Warranty: Five-year/100,000km (eight-years for battery)

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