While battery-electric tech took some time to gain momentum, major legacy manufacturers and new entrants to the Australian market are butting heads, hoping to outdo the other on the value front.
The result is a newfound smorgasbord for buyers looking for an electric vehicle priced under $50,000 - let's take a look at all of your options and break down some of their most important specs.
BYD Dolphin
While things have changed massively in the battery-electric segment, the BYD Dolphin retains the title of Australia's cheapest EV - for now, at least.
The Dolphin has been the sharpest-priced electric vehicle on sale pretty much since it arrived in late 2023, with its pint-sized proportions making it a user-friendly package to drive around town while benefiting from excellent energy efficiency figures.
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Price: $29,990 - $36,990 (before on-road costs)
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Battery Size: 45 - 60.5kWh
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Battery Type: LFP
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Energy Efficiency: 13.2 - 15.9kWh per 100km (Essential vs Premium)
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Range: 340 - 427km
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Max Charging Speed: 60 - 88kW (Essential vs Premium)
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ANCAP Safety Rating: Five-star (tested 2025)
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Vehicle Warranty: Six-year/150,000 kilometre
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Battery Warranty: Eight-year/160,000 kilometre
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Request a quoteGWM Ora
The GWM Ora is nipping at the heels of the BYD Dolphin, sitting as the second most affordable electric vehicle on sale in Australia in 2025.
The Ora sits as an extremely well-equipped, smooth and surprisingly practical electric hatchback that features a very unique interior layout that makes a bold first impression, all of which is backed by a nice, long warranty for buyers.
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Price: $35,990 - $46,990 (drive-away)
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Battery Size: 48 - 63kWh
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Battery Type: LFP & NMC (Standard vs Extended Range)
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Energy Efficiency: 14.0kWh per 100km
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Range: 310 - 420km
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Max Charging Speed: 64 - 80kW (Standard vs Extended Range)
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ANCAP Safety Rating: Five-star (tested 2022)
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Vehicle Warranty: Seven-year/unlimited kilometre
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Battery Warranty: Eight-year/unlimited kilometre
Chery E5
Chery has given its compact SUV platform a new, battery-electric beating heart - with the E5 sitting as the third most affordable EV here in Australia.
The E5 is a recent entrant to the market, with Chery hoping its electric version of the previously-named Omoda 5, will continue to make an impression with buyers thanks to long equipment lists and particularly sharp pricing.
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Price: $36,990 - $40,990 (before on-road costs)
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Battery Size: 61.1kWh
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Battery Type: LFP
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Energy Efficiency: 15.5kWh per 100km
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Range: 430km
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Max Charging Speed: 80kW
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ANCAP Safety Rating: Five-star (based on Omoda 5 testing in 2022)
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Vehicle Warranty: Seven-year/unlimited kilometre
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Battery Warranty: Eight-year/unlimited kilometre
MG 4
The MG 4 has been on the Australian market since late 2023 and remains one of the best-selling electric vehicles on sale, thanks to its undeniable value proposition and long warranty coverage.
There's a lot of variety within the MG 4 range, with the company offering a base, standard range version, two longer-range versions and even a lightning-fast XPower variant that hits 100km/h in just 3.8 seconds.
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Price: $37,990 - $55,990 (before on-road costs)
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Battery Size: 51 - 77kWh
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Battery Type: LFP & NMC (Standard vs Extended Range)
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Energy Efficiency: 13.8 - 14.5kWh per 100km
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Range: 350 - 530km (Standard vs Extended Range)
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Max Charging Speed: 88 - 140kW (Standard vs Extended Range)
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ANCAP Safety Rating: Five-star (tested 2022)
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Vehicle Warranty: Ten-year/unlimited kilometre
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Battery Warranty: Ten-year/unlimited kilometre
Hyundai Inster
The Hyundai Inster has been on sale in its home market of Korea way back in late 2021, but has made its first appearance on Australian shores this year.
The Inster is one of the company's funkiest vehicles in the lineup, showcasing a futuristic styling package across its boxy bodywork, though it actually offers more interior space than you might expect.
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Price: $39,000 - $45,000 (before on-road costs)
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Battery Size: 42 - 49kWh
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Battery Type: NMC
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Energy Efficiency: 14.3 - 15.1kWh per 100km
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Range: 327 - 360km
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Max Charging Speed: 120kW
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ANCAP Safety Rating: Unrated
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Vehicle Warranty: Five-year/unlimited kilometre
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Battery Warranty: Eight-year/160,000 kilometre
BYD Atto 3
The BYD Atto 3 has played a huge role in the Australian market's adoption of electric vehicles, where, for months and months, it sat nearly uncontested from the middle stages of 2022.
Fast forward to 2025 and while the Atto 3 has no shortage of rivals, it remains an attractive option for those in the market for a well-equipped, comfortable and affordable small electric SUV package.
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Price: $39,990 - $44,990 (before on-road costs)
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Battery Size: 49.992 - 60.48kWh
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Battery Type: LFP
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Energy Efficiency: 16kWh per 100km
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Range: 345 - 420km (Standard vs Extended Range)
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Max Charging Speed: 70 - 80kW (Standard vs Extended Range)
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ANCAP Safety Rating: Five-star (tested 2022)
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Battery Warranty: Eight-year/160,000 kilometre
MG S5 EV
The MG S5 EV is a new and very improved take on the previous ZS EV range, offering more range, practicality and improved fast-charging tech than its predecessor while maintaining a very sharp set of price tags.
The S5 EV impresses with a good set of table manners behind the wheel and a particularly lengthy equipment list that, combined with its ten-year warranty, makes it hard to ignore as an electric SUV priced under $50k.
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Price: $40,490 - 47,990 (drive-away)
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Battery Size: 49 - 62kWh
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Battery Type: LFP
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Energy Efficiency: 16.6 - 17.1kWh per 100km (Standard vs Extended Range)
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Range: 340 - 425km (Standard vs Extended Range)
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Max Charging Speed: 120 - 150kW (Standard vs Extended Range)
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ANCAP Safety Rating: Five-star (tested 2025)
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Vehicle Warranty: Ten-year/unlimited kilometre
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Battery Warranty: Ten-year/unlimited kilometre
Geely EX5
The Geely EX5 hits the market as one of the most affordable fully-electric options in the medium SUV segment and is sure to make a big dent in overall sales.
The EX5 comes powered by a 60kWh battery pack that offers up to 430km range and over-delivers on the features front for the money, wth a 15.4-inch infotainment system, LED headlights, a heat pump, vehicle-to-load (V2L) charging and a seven-year warranty all on offer.
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Price: $40,990 - $44,990 (before on-road costs)
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Battery Size: 60.22kWh
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Battery Type: LFP
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Energy Efficiency: 15.8 - 16.6kWh (Complete vs Inspire)
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Range: 430 - 410km (Complete vs Inspire)
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Max Charging Speed: 100kW
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ANCAP Safety Rating: Five-star (tested 2025)
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Vehicle Warranty: Seven-year/unlimited kilometre
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Battery Warranty: Eight-year/unlimited kilometre
Leapmotor C10
The Leapmotor C10 is another fully-electric midsize SUV that blows many rivals out of the water when it comes to sheer value for money.
It's a well-equipped package with pretty smooth on-road manners, with Leapmotor even offering some limited run-out specials on both MY24 and MY25 versions that make it one of the most impressive value propositions currently in the space.
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Price: $45,888 - $49,888 (before on-road costs)
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Battery Size: 69kWh
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Battery Type: LFP
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Energy Efficiency: 19.8kWh per 100km
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Range: 420km
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Max Charging Speed: 84km
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ANCAP Safety Rating: Five-star (tested 2024)
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Vehicle Warranty: Seven-year/160,000 kilometre
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Battery Warranty: Eight-year/160,000 kilometre
BYD Seal
The BYD Seal is a very impressive, fully-electric sedan package designed to take on the likes of the Tesla Model 3 head-on.
For under $50k, you can get your hands on the entry-level BYD Seal Dynamic, which picks up 18-inch alloys, a panoramic sunroof, LED headlights, a massive 15.6-inch infotainment display and a 12-speaker sound system, making this a seriously well-equipped base model.
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Price: $46,990 - $61,990
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Battery Size: 61 - 82kWh
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Battery Type: LFP
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Energy Efficiency: 12.6 - 18.2kWh (Standard vs Performance)
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Range: 460 - 570km (Standard vs Extended Range)
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Max Charging Speed: 110 - 150kW (Standard vs Extended Range)
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ANCAP Safety Rating: Five-star (tested 2023)
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Battery Warranty: Eight-year/160,000 kilometre
Kia EV3
Kia's smallest electric SUV in the range sneaks onto our list of EVs priced under $50k, with the company offering the entry-level EV3 Air Standard Range.
The EV3 is nice and smooth on the road and offers great energy efficiency figures, while Kia's clever interior design team has managed to extract some serious practicality from its pint-sized cabin.
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Price: $47,600 - $63,950
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Battery Size: 58.3 - 81.4kWh
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Battery Type: NMC
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Energy Efficiency: 14.9 - 16.2kWh (Air vs Earth & GT-Line)
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Range: 436 - 604km (Air Standard vs Extended Range)
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Max Charging Speed: 100 - 127kW (Standard vs Extended Range)
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ANCAP Safety Rating: Five-star (tested 2023)
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Battery Warranty: Eight-year/160,000 kilometre
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