EV price parity is here: Bargain Geely EX5 electric SUV priced to thrill in Australia
Geely has taken a razor to even its own pricing predictions for its EX5 electric SUV, with the mid-size model to start at $40,990 before on-road costs In Australia.
The move ends the brand’s pricing saga in Australia, with Geely initially promising the model would arrive at between $49,000 and $55,000, before a pricing leak hit the web with a that said it would start at $43,490 before on-road costs.
But the official pricing beats both prior predictions, with the EX5 Complete to list at $40,990. The two-model range then steps up to $44,990 for the Inspire. Both prices are before on-road costs, which, in NSW, make them more like $44,200 and $48,300 drive-away respectively.
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Both models share the same single motor, front-wheel drive powertrain, good for a 160kW and 320Nm, and utilise Geely’s 60.22kWh Lithium Iron Phosphate battery.
That means a driving range of between 410kms and 430kms, depending on the grade.
In terms of kit, Compete version rides on 18-inch alloy wheels, gets LED lighting all around, and has (heated in the front) seats wrapped in faux-leather. Tech is handled by a 15.4-inch touchscreen, along with a 10.2-inch digital driver display.
The Inspire grade upgrades the wheels to 19-inch alloys, gets a sunroof with a shade, a powered tailgate, a massage function for the front seats and a better stereo.
The pricing is a bold statement, undercutting both the smaller Kia EV3 ($48,990 drive-away) and similarly sized EV5 ($56,770 drive-away), as well as the BYD Sealion 7 ($58,148 drive-away). The BYD Atto 3 is still cheaper, listing at $39,990 before on-road costs for the base model.
“We believe this price offers great value,” says Li Lei, Head of Geely Auto Australia. “But we also provide exceptional warranty and service plans.”
On the warranty, Geely has launched a Kia-matching seven-year, unlimited-kilometre warranty for the EX5, while the battery is covered for eight years, unlimited. And, if you service through Geely, you get roadside assistance for the length of the warranty, too, plus there’s a free two-year subscription to Geely’s connected car services.
And to really fire up those still on the fence, Geely has extended its pre-launch offer until the end of April, meaning anyone who orders between now and then also gets three years of free servicing, one year of free charging on the Evie network, a free home charger, and free premium paint.
