Drive Car of the Year 2025 – Best Electric Vehicle Under $50K finalists announced – UPDATE

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Here is every finalist in the running for the Drive Car of the Year 2025 – Best Electric Vehicle Under $50K category.

Drive Car of the Year 2025

Now in its 20th year, the annual Drive Car of the Year awards program continues to be the Australian new car buyer's most-trusted advisor. 

At Drive, we test drive more than 200 new cars every year, evaluating each against its innate promise to sort the best from the rest. We divide the 400-plus new passenger cars, SUVs, 4WDs and utes into 19 price-banded categories focused on the end-user. Then we analyse the strengths and weaknesses of every car to find the cream of the automotive crop. 

Drive Car of the Year 2025 is a go!

Drive Car of the Year Overview

Drive Car of the Year 2024 winners


Drive Car of the Year 2025 – Best Electric Vehicle Under $50K

UPDATE, 20 December 2024 – FINALISTS CONFIRMED

The first round of voting has concluded and the judges have selected the cars that will challenge last year’s winner, the MG 4, for the title of Best Electric Vehicle Under $50K..

The BYD Seal Dynamic surfaced late last year, but was not available for testing in time to make Drive Car of the Year judging, meaning it was eligible this time around.

At $49,888 before on-road costs, the Seal Dynamic just comes in under this category's price threshold. Yet, despite its standing as an entry-level model, the Seal Dynamic is a compelling proposition in this category.

With a generous list of standard equipment, a five-star ANCAP safety rating and claimed WLTP driving range of 460km, the Seal Dynamic ticks a lot of boxes for buyers looking to go electric on a budget.

Read more about the BYD Seal.

The MG 4 returns to defend its Drive Car of the Year crown with the same compelling package that took it to victory last year.

Three MG 4 variants are eligible for this category, thanks to the brand's sharp pricing strategy. Starting from $37,990 before on-road costs and any special offers, the MG 4 Excite 51 brings around 350km of driving range.

Spending $42,990 (plus ORCs) on the Excite 64 ups the range to 450km. And coming in at $44,990 before on-roads, the MG 4 Essence 64 adds more standard equipment as well as a driving range of 450km.

Read more about the MG 4 range.

The Chery Omoda E5 arrived in Australia this year with around 430km of claimed driving range and a swag of technology and equipment for its $42,990 before on-road costs starting price, well under the cut-off for this category.

Its modern exterior styling is matched by the latest in cabin design while a five-star ANCAP safety rating ensures the Omoda E5’s family appeal. Both variants, the entry-level BX and the creature-comfort laden EX ($45,990 before on-road costs) are eligible for this category.

Read more on the Chery Omoda E5.

The Drive Car of the Year Best Electric Vehicle Under $50K will be announced on 24 February 2025.


The below was published on 18 November 2024:

While Australians enjoyed more choice than ever before in this category last year, it’s a slightly different story this time around.

Last year, the Australian market was, for the first time, brimming with options for buyers looking to electrify their automotive needs with a budget less than $50,000. But, with most of last year’s contenders remaining largely unchanged, a few models have dropped out of the reckoning this year.

Still, those that in contention will need to deliver technology and a decent driving experience. But perhaps more importantly, they will need to live up to their claimed driving ranges while also being easy to live with day-to-day.

Last year’s winner in this category, the MG 4 proved that EVs priced under $50,000 need not feel cheap. The headline act is the entry-level Excite 51kWh which promises around 350km of driving range for a tickle under $40,000 plus on-road costs. Buyers needing more range can opt for the $41,900 Excite 64kWh which extends range to 450km, and special discount offers on both reduce prices even further.

Both are decently equipped for the money. Spending a couple of grand more on the Essence 64kWh brings some extra equipment and in-cabin refinement. All three variants are once again eligible for this year’s award.

The newcomer to the segment is the Chery Omoda E5, a small SUV which brings a 61.1kWh battery and around 430km of driving range. Starting at $42,990 before on-road costs, it’s sharply priced too. But sharp pricing doesn’t mean the Omoda E5 misses out on creature comforts. The elegantly designed cabin is brimming with the type of technology modern buyers expect from their new cars such as leather-look trim, power-adjustable heated front seats, a panoramic sunroof, eight-speaker audio system, 360-degree camera, power tailgate, ambient interior lighting, and more.

Finally, last year the BYD Seal Dynamic didn’t make the shortlist as we weren’t able to get behind the wheel of the cheapest variant Tesla Model 3 rival in time for judging. We have enjoyed since plenty of wheel time in the Seal and know from experience it’s a very solid electric vehicle. However, the only variant eligible in this category from the three model line-up, is the entry-level Dynamic RWD. Priced from $49,888 before on-road costs, it squeaks in under the $50K cutoff for this category.

FAQs

Which cars are eligible for this category?

Drive's rules require that, for a car to be eligible, it must:

  1. Be all-new or significantly updated,
  2. Be on sale with customer deliveries commenced by 31 December 2024.
  3. Retail examples be made available for Drive to road test before that cut-off date.
  4. Pricing cut-offs exclude discounts and limited-time offers.

While the list of contenders in this category has shrunk since last year, those that remain fill the brief of what’s required to take out the gong. Those wondering why EVs like the GWM Ora and BYD Dolphin and Atto 3 haven’t made the cut, it’s worth noting none have been updated enough to be eligible for this year’s awards.

As for one of the newest entrants into the segment, the Leapmotor C10 has not arrived in local showrooms in time to be considered for this year’s awards.

ContendersNot here in time
– Cars that are all-new or significantly updated since they last contested Drive Car of the Year.
– New categories are open to all cars that fit category requirements.
– Last year's winner is an automatic inclusion.
– These cars meet category requirements, but are not due to arrive in time for Drive Car of the Year 2025 judging.
BYD Seal Dynamic
Chery Omoda E5
MG 4 (defending)
Leapmotor C10

What are the next steps?

The winner of the 2025 Drive Car of the Year – Best Electric Vehicle Under $50K will be announced in February 2025.

Before then, we will announce the finalists, all of which deliver on the promise of emissions-free motoring in a comfortable, modern and uncomplicated manner.

Read more: 

Drive Car of the Year 2025 is a go!
Drive Car of the Year Overview
Drive Car of the Year 2024 winners

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