Australian electric vehicle (EV) buyers now have a new entry-point to the market, with Chinese automaker Geely launching its EX2 electric hatchback this week. Priced from a competitive AUD $26,490 before on-road costs, the EX2 positions itself as Australia’s most affordable five-seat EV, intensifying competition in the budget-friendly segment.
The Geely EX2, which arrives in dealerships nationwide from late July 2026, was officially priced and detailed on Tuesday, July 14, 2026. This launch marks Geely’s third model and second full-electric offering in Australia, following the EX5 SUV. It directly challenges established budget EV players like BYD and MG by offering a compelling combination of price and practicality for families and first-time EV owners.
Geely EX2: Pricing, Variants, and Key Specifications
The Geely EX2 is available in two variants: the entry-level EX2 Complete and the higher-specced EX2 Inspire. The Complete variant starts at AUD $26,490, while the Inspire is priced from AUD $30,990, both before on-road costs.
For a limited time, from July 12 to August 31, 2026, Geely is offering a launch package that includes a complimentary 7kW home EV charger (installation not included) and a premium paint upgrade valued at up to AUD $600 for buyers who order and take delivery within this period. A low 0.68% comparison finance rate over a 36-month term is also available.
Performance and Range Comparison
| Feature | Geely EX2 Complete (AUD $26,490) | Geely EX2 Inspire (AUD $30,990) | BYD Atto 1 (from AUD $23,990) | MG4 Urban (from AUD $31,990 drive-away) |
|---|---|---|---|---|
| Seats | 5 | 5 | 4 | 5 |
| Motor | 60kW/150Nm RWD | 85kW/150Nm RWD | 50kW/130Nm FWD | 125kW/250Nm RWD |
| Battery | 35.3kWh LFP | 47.1kWh LFP | 30.7kWh LFP | 51kWh LFP |
| WLTP Range | 252km | 345km | 310km (Premium) | 405km |
| DC Charging | 60kW | 80kW | 30kW | 88kW |
| 0-100km/h | 14.2 seconds | 11.5 seconds | 14.5 seconds | 7.7 seconds |
| Infotainment | 14.6-inch touchscreen | 14.6-inch touchscreen | 10.1-inch touchscreen | 10.25-inch touchscreen |
The EX2 Complete is powered by a rear-mounted 60kW electric motor and a 35.3kWh lithium iron phosphate (LFP) battery, offering a WLTP driving range of 252km. The Inspire variant upgrades to a more powerful 85kW motor and a larger 47.1kWh LFP battery, extending its WLTP range to 345km. Both models support DC fast charging, with the Complete handling 60kW and the Inspire up to 80kW.
Impact on the Australian EV Market
Geely’s aggressive pricing strategy with the EX2 is expected to further accelerate EV adoption in Australia, particularly among cost-conscious buyers. While the BYD Atto 1 (also known as Seagull or Dolphin Mini in other markets) starts at a lower AUD $23,990, it is a four-seater. The EX2’s five-seat configuration and rear-wheel-drive platform at its price point are key differentiators.
“The launch of the Geely EX2 at under $30,000 for a five-seat, rear-wheel-drive electric car is a significant moment for the Australian EV market, offering genuine affordability and choice to a broader segment of the population,” stated a market analyst.
This move by Geely comes as the Australian EV market continues its rapid expansion. June 2026 saw electric vehicles, including battery electric and plug-in hybrids, account for nearly 36% of total new passenger car sales, with almost 49,000 EVs sold. The Tesla Model Y, for instance, was Australia’s best-selling car overall in both May and June 2026, highlighting the surging demand for electric options.
The availability of more affordable EVs like the Geely EX2 is critical for sustaining this growth, especially as government purchase rebates have largely phased out across most Australian states. While federal incentives like the Fringe Benefits Tax (FBT) exemption for eligible EVs remain a significant draw for novated leases, direct purchase price reductions are increasingly important for private buyers.
Prospective buyers transitioning to electric vehicles for the first time should consult resources like From Petrol to Plug: The Ultimate First-Time Buyer’s Guide to Switching to an EV in Australia 2026 to understand the full scope of ownership. The complimentary 7kW home charger offered with the EX2 launch also makes reviewing options for home charging pertinent. For guidance on selecting and installing a home charger, refer to Best EV Home Chargers in Australia 2026: A Buyer’s Guide to Costs and Installation. Furthermore, optimising charging costs is crucial for long-term savings, with insights available in Slash EV Charging Costs by Up To $800/Year: Best Electricity Plans in Australia 2026.
Geely’s global success with the EX2, which was China’s best-selling car of any type in 2025 with over 459,000 units delivered, suggests a strong potential for the model in Australia. Its arrival is set to further democratise EV ownership, making zero-emission transport a more accessible reality for a wider range of Australian households.