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. The new Leapmotor B03X undercuts it from $29,990 drive-away when deliveries start in November 2026.
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 plus on-roads
The MG S5 EV is MG's small electric SUV, the roomier companion to the MG4, from $42,990 plus on-road costs.
5. Kia EV3: from $47,600 plus on-roads
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 MG value and dealer reach, 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.
