Plenty of buyers want the higher-riding SUV shape rather than a hatch, and the good news is the electric SUV no longer means a big price. Here are the five cheapest electric SUVs in Australia for 2026, cheapest first.
1. BYD Atto 2: from $31,990 plus on-roads

The BYD Atto 2 is the cheapest electric SUV you can buy, a small SUV with the proven, cheap-to-run BYD formula.
2. Geely EX5: from $41,990 plus on-roads

The Geely EX5 is a roomier value SUV from a newcomer, with a long warranty to back it.
3. BYD Atto 3: from $41,990 plus on-roads

The BYD Atto 3 is the family small SUV of the BYD range, now in updated Evo form with more range.
4. MG S5 EV: from $42,990 drive-away

The MG S5 EV is MG's small electric SUV, the roomier companion to the MG4, at a real drive-away price.
5. Kia EV3: from $46,990 drive-away

The Kia EV3 is the polished pick of the cheap electric SUVs, with the strongest range and a seven year warranty.
How to choose
For the lowest price, the Atto 2. For space, the EX5 or Atto 3. For a drive-away deal, the MG S5 EV. And for the most polish and range, the Kia EV3. If you will spend a little more, see our best value mid-size electric SUVs, and for the cheapest EVs of any body style, our cheapest EVs compared.


