Best EVs in Australia this EOFY

Currently, you can drive away in an EV for under $28,000, there are more than 100 on sale and the cheapest ones now undercut the petrol Toyota, Mazda or Hyundai you were probably going to buy anyway.

More choice is brilliant. It's also a wall of noise. So we compared and picked the best EV for each kind of buyer and budget.

Our top EV picks at a glance

Best EV overall: Tesla Model Y

From around $64,000 drive-away (NSW Pricing)

There's a reason the Model Y has topped Australia's EV charts for three years and it isn't luck. The "Juniper" update calmed the ride, hushed the cabin and sharpened the tech - and the fundamentals (efficiency, packaging, software) were already among the best in class.

Its real ace is the Supercharger network. For most people the sweet spot is the Premium Long Range AWD at around $74,500 drive-away, good for up to 600km on a charge.

Growing family? There's now a six-seat Model Y L, too.

It's not the cheapest way into an electric SUV and the all-touchscreen setup (no Apple CarPlay, no instrument cluster) takes a minute to get used to.

Pros:

• Best public charging network
• Polished tech
• Genuine 500km-plus real-world range on the Long Range.

Cons:

• Pricier than the Chinese rivals
• Minimalist cabin won't suit everyone
• No Apple CarPlay or Android Auto.

Best cheap/city EV: MG4 EV Urban

From $31,990 drive-away (NSW Pricing)

Want the least-fuss way into an EV?

The MG4 Urban makes it easy. At $31,990 drive-away it's one of the cheapest electric cars going, yet it's roomier than the name lets on - longer and taller than the regular MG4, with proper family-hatch space and a 382-litre boot.

The base model does 316km but the 54kWh version stretches to 405km for $34,990 drive-away - plenty for the commute, the school run and the odd weekend away. The clincher is MG's 10-year conditional warranty (when you service through MG dealers), the longest mainstream cover in Australia and a real weight off the mind if battery life is what's holding you back.

Just chasing the lowest number full stop? The BYD Atto 1 starts at about $25,760 drive-away for the 220km Essential, or roughly $29,760 for the 310km Premium - the car that finally dragged the EV starting line under $26,000 on the road.

Pros:

• Cheap to buy and run
• Surprisingly roomy
• Market-leading warranty.

Cons:

• Softer to drive than the rear-drive MG4
• Range best kept to shorter trips.

Best value EV under $50K: Geely EX5

$45,602 drive-away (NSW Pricing)

Want a genuinely big electric SUV without nudging $50,000? The EX5 is the one.

The 60.2kWh battery is good for 410–430km, the 160kW motor has real shove and based on the spec sheets, the cabin punches well above the price: a 15.4-inch screen, panoramic roof, and ventilated, massaging front seats on the Inspire. (Yes, massaging seats in a sub-$50K EV.)

Back that up with a 7-year unlimited-kilometre warranty and servicing at around $234 a year and the value adds up quickly.

Little wonder it was the third best-selling EV of any brand over the first four months of 2026.

Pros:

• Big, well-equipped SUV
• Premium-feeling cabin
• Strong warranty and low servicing.

Cons:

• Front-wheel drive only
• No AWD option

Best family EV: Kia EV5

$49,990 drive-away (EOFY) - normally $56,770

The EV5 is the family SUV the badge always promised and the EOFY price turns it into a steal. The Air Standard Range is down to $49,990 drive-away - a saving of around $6,780 - with the longer-legged Air Long Range at $59,990 (normally $63,990).

You get a proper five-seat mid-sizer, Kia's locally tuned ride, twin 12.3-inch screens, vehicle-to-load (handy for running a kettle or an air pump off the battery) and a 7-year unlimited-km warranty from a brand with dealers in actual towns.

The Standard Range covers 400km; the Long Range stretches to 555km, up there with the best in class. It's the sensible-shoes pick that never feels like settling.

Pros:

• Roomy and practical
• Mainstream-brand backing
• Sharp EOFY pricing, long warranty.

Cons:

• Standard Range trails the Long Range on outright range
• The deal price won't last past June.

Best long-range EV: Tesla Model 3 Long Range RWD

From around $67,000 drive-away (NSW Pricing)

Range anxiety is the number-one reason people stall on going electric and the Model 3 Long Range RWD basically calls its bluff with a huge 750km WLTP figure, the longest of any EV anywhere near this price.

The updated Model 3 also rides and steers better than the car it replaced, with clever packaging and a calm, frugal way about it. Big interstate days? This is the one that turns them into a non-event.

Pros:

• Class-leading 750km range
• Best charging network
• Efficient and comfortable.

Cons:

• Everything lives in the touchscreen

Best premium EV (under the luxury car tax): Zeekr 7X

From around $64,000 drive-away (NSW Pricing)

The Zeekr 7X is the car that quietly retires the phrase "good for a Chinese car".

Its 800V electrics mean seriously quick charging - roughly 16 minutes from 10–80% on a fast enough plug - and the Long Range's 100kWh battery is good for up to 615km.

The spec sheet really sets it apart: plush materials, a big head-up display and a 21-speaker system on the top grade.

The Long Range RWD lands around $74,400 drive-away (est.) and the 475kW Performance AWD about $79,800 (est.). The best bit for salary-packagers: it sneaks under the $91,387 luxury car tax (LCT) threshold, so it stays eligible for the EV FBT exemption (more on that below).

If you want your Model Y money to buy more luxury and faster charging, it makes a genuinely strong case.
Pros:

• Ultra-fast 800V charging
• Premium cabin
• Long range
• Stays under the LCT threshold.

Cons:

• Newer brand and dealer network

The EOFY 2026 deals worth knowing about

June is the biggest sales month of the year and after a stretch of eye-watering fuel prices, brands are swinging harder than ever in 2026. Most of the offers below want you to order (and often take delivery) by 30 June.

Beyond our picks, these are the electric deals worth a look.

The tax change that could matter more than any deal

If you're eyeing a novated lease through work, the timing question is even bigger than EOFY.

Eligible battery-electric vehicles priced under the luxury car tax threshold (currently $91,387) are exempt from Fringe Benefits Tax under the federal Electric Car Discount.

In plain English: you pay for the car and running costs like charging, rego, insurance and servicing - out of your pre-tax salary, which can save salary-packagers thousands of dollars a year.

That break is now under government review (running since February 2026 and due to report by mid-2027). Based on the changes flagged so far:

• Until 31 March 2027: Nothing changes. EVs under the LCT threshold stay fully FBT-exempt.
• From 1 April 2027: EVs priced over about $75,000 are proposed to move to a reduced 25% FBT discount, while cars under $75,000 keep the full exemption.
• From 1 April 2029: All eligible EVs are proposed to move to the 25% discount.

Existing novated leases are expected to be grandfathered, so a lease you start under today's rules should keep that treatment for its full term. So it looks like there is a bit of a "lock it in now" period, especially on pricier EVs.

Best electric cars in Australia: FAQ

• What is the best electric car in Australia for 2026?

  For most people, the Tesla Model Y is still the best all-rounder thanks to its range, resale and unmatched Supercharger network. But "best" depends on your budget and how you drive: the MG4 Urban is the best cheap pick, the Geely EX5 the best value under $50K, and the Kia EV5 the best family choice.

• What is the cheapest electric car in Australia?

  The BYD Atto 1, from around $25,760 drive-away, is currently the cheapest EV on sale. If you want the cheapest car that still does everything, the MG4 Urban ($31,990 drive-away) gets you family-hatch space.

• Should I buy an EV before 30 June?

  If you've found the right car, yes - EOFY is the best time of year for a deal, and most of the cashback, free chargers and sharp finance rates end on 30 June. If you're salary-packaging through a novated lease, there's an extra reason to move before the FBT rules potentially change from April 2027.

• Are electric cars cheaper to run than petrol?

  Generally, yes. Home charging costs a fraction of petrol, servicing is cheaper, and eligible buyers can save through a novated lease. The main catch is that public fast-charging costs more than charging at home.

• Will the EV tax break disappear?

  Not right away. The FBT exemption is under review, but the proposed changes don't start until April 2027, and existing leases are expected to keep their current treatment. Chat to a tax professional about your own situation.

Written by

Alex Jeffs

Publisher

Alex Jeffs is the senior publisher for automotive content at Finder. He has tested vehicles everywhere from Tasmania to Oodnadatta. See full bio

Alex's expertise

Alex has written 46 Finder guides across topics including:

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