Skip to main content

Top 5 Most Affordable Electric Vehicles in Australia

9 August 2023 AutoMarket, Tips & Advice

Many of us can remember the pandemonium that scoured across Australia when fuel finally tipped the $1 per litre mark back in 2004. Fast forward to the current economic climate of 2022 where $100-plus per tank is nothing short of a national crisis leading to the vast influx of electric vehicles in the country. 

The account for this spike is also mainly attributed to the reduced car production during the pandemic and as of today, there are 83,000 EVs on Australian roads, doubling the figures from 2022. Interest in EVs is soaring at unprecedented levels, but the upfront cost can still be a sticking point. 

Despite being far from affordable, electric vehicles are modelled by Evenergi thereby, holding the  potential to save money in the long term compared to Internal Combustion Engine (ICE) vehicles.

Let's help you get behind the wheel of an EV soon!

Here's our comprehensive list of 5 top-most affordable electric vehicles in the Australian market.

1. Hyundai Kona Electric Range 

Electric Vehicles - Hyundai Kona

First off our list is Hyundai's very own Kona EV, with its drive-away price ranging from $56,755 to $60,481 for its two variants, the Elite and Highlander. 

The Kona EV’s overall performance is exceptionally superior– delivering excellent range as well as brisk point-to-point acceleration. Moreover, the Kona EV grips down firmly to steer and corner with precision. 

With an impressive range of up to 484 km on a single charge, drivers can look beyond the daily commute and do some real exploring with this car.

The extended version of Kona EV comes with a suite of tech features– including their drive-assist and SmartSense™ safety features to reduce the stress and risk of daily travel.

2. Fiat 500e

Electric Vehicles - Fiat 500e

Fiat is the next car to top the list of affordable electric vehicles, more precisely, the Fiat 500e which retains an affordable price in order to remain competitive in the country’s thriving EV industry. Priced at around $54,995-$58,269, it is similar to the retro-styled three-door Mini Cooper SE electric hatchback. 

Fiat 500e, which is the EV counterpart of its sought-after petrol-powered models, is packed with a 42kWh battery that fits into its small compartment offering 311 km driving capacity. Marginally limited compared to other models in this list. 

It comes with a standard 11kW Mode 3 Cable for its charging that can be comfortably stored under the luggage compartment floor so it doesn't take up useful cargo space. Its Cinerama infotainment system is highlighted by speech recognition commands to help with hands-free driving. 

Fiat is set to launch the ‘Abarth 500e’ which is expected to be an upgraded version of the existing 500e La Prima. The variant will boast improved battery size and increased distance capacity.

3. BYD Atto 3

Electric Vehicles - BYD Atto 3

BYD has just been given the green light to release the 2022 BYD Atto 3 in Australia. The first BYD EV to be sold on the country’s streets, the Atto 3 quickly became the third most popular electric car on the local market with a cost ranging from $48,610 to $52,029

While the entry-level standard Atto is equipped with a 49.9 kWh battery that clocks in at 345 km, the extended range comes with an increased battery size of 60.5 kWh which boasts an impressive driving range of 420 km.

The model possesses a quirky allure with its music-inspired interior that includes red string door cards to mimic guitar strings, dumbbell-shaped air vents, and two-tone blue and white interiors.

4. MG ZS EV Excite

Electric Vehicles - MG ZS EV Excite

MG's ZS EV Excite has maintained its spot as one of the cheapest electric vehicles in Australia ranging between $45,284 - $48,190

The MG4 EV is dubbed a no-compromise electric car thanks to its 51kWh battery, with a driving range of 320 km, alongwith its tech-connected infotainment system ensuring wireless entertainment on-the-go. 

The model features amenities like 10.25″ colour touchscreen with Apple CarPlayTM and Android AutoTM, MG iSMART app connectivity, and our MG Pilot suite of driver assistance systems with safety technologies like traffic jam assistance, speed assistance, rear traffic assistance, and many more to guarantee you a safe and secure drive. 

5. GWM Ora

Electric Vehicles - GWM Ora

This vintage Ballet Cat EV is anticipated to be the first GWM Ora sold in this country and has recently overtaken the MG ZS EV Excite as Australia's most affordable electric car upon its arrival this year. 

A sub-$50,000 EV (priced at $44,490-$47,891 drive-away cost), Ora's cheapest range has a 48 kWh battery pack for a driving range of 310 km which can go up to 420 km when upgraded to Long Range and GT variants. Its sleek design is seemingly inspired by the Volkswagen Beetle.

The model employs MacPherson strut front and rear suspensions and a custom electric-only architecture with tech-forward add-ons like the keyless entry system, full-colour touch-screen infotainment system, and intelligent adaptive cruise control (IACC), making driving this car a worthwhile experience.


An electric wrap-up 

Driving an EV will definitely be an electrifying experience, both literally and figuratively and you won’t need to worry about breaking the bank. Which of these electric vehicles appeal to you the most?

Let's ride the electric way!  

Is finding your next electric vehicle a backbreaking experience? Motor Matcher has it all figured out for you! Our online car classified offers you a wide selection of cars to choose from, whether it's an EV, hatchback, sedan, or SUV. Visit the link to land your dream car!