The five cheapest EVs on sale in Australia

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A spate of recent price cuts has resulted in the entry price for an electric vehicle in Australia dropping below $40,000 drive-away for the first time. What’s even better for those after a cheap EV is that you can now get three models for under $40k, and certain state and territory incentives can drop these prices even further.

Buy a GWM Ora MG 4 Excite 51 Price: $39,990 drive-away The MG 4 has twice briefly held the title of Australia’s cheapest EV before being undercut, last week receiving nationwide drive-away pricing to bring the entry-level Excite 51 grade down to $39,990. A 51kWh lithium iron phosphate provides up to 350km of claimed driving range, based on WLTP testing, and can be charged at up to 88kW.

Buy an MG 4 MG ZS EV Excite Price: $39,990 drive-away After long being MG’s only electric model in Australia, the ZS EV has since been joined by the MG 4, slipping back in the sales race to its sibling which was built on a dedicated platform for battery cars. The MG ZS EV also benefited from nationwide drive-away pricing announced for the brand’s electric cars last week, now starting from $39,990 in Excite trim. A 50.

Buy an MG ZS EV BYD Dolphin Dynamic Price: $38,890 before on-road costs While the BYD Dolphin Dynamic undercuts its MG rivals, the $39,556 drive-away price only applies in the ACT and NT. Prices vary across the remaining states, all the way up to its $41,758 drive-away price in Western Australia. The BYD Dolphin Dynamic achieves 340km of claimed driving range on the WLTP cycle, thanks to its 44.9kWh lithium iron phosphate ‘Blade’ battery which can be charged at up to 60kW.

 

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Electric Vehicle Sales in Australia Show No Growth in Market ShareNew figures from the Federal Chamber of Automotive Industries reveal that the proportion of electric vehicles (EVs) sold in Australia has not increased despite an increase in sales. In March, 9.5% of all new vehicles sold were EVs, slightly down from 9.6% in February. However, this is still an improvement from March 2023 when EVs made up only 6.8% of the market. The sales of EVs in Australia seem to reflect global trends, with other countries also experiencing a plateau in EV sales.
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VFACTS: Australia’s best-selling EVs in 2024 so far7NEWS brings you the latest local news from Australia and around the world. Stay up to date with all of the breaking sport, politics, entertainment, finance, weather and business headlines. Today's news, live updates & all the latest breaking stories from 7NEWS.
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