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Geely EX2 Brings Sub-$30k EV Choice to Australia

A lower entry price may change how buyers compare repayments, running costs and resale risk

Geely EX2 Brings Sub-$30k EV Choice to Australia?w=400

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Geely has sharpened the affordability contest in Australia’s electric car market, confirming its EX2 electric hatch will reach local showrooms later in July 2026 with pricing that starts well below many new petrol small cars and most battery electric rivals.

The EX2 Complete is listed from $26,490 before on-road costs, while the higher-grade EX2 Inspire starts from $30,990 before on-road costs. For buyers who have been waiting for an EV that feels closer to a mainstream hatchback budget, this is a notable development. It also arrives at a time when EV sales momentum is rising and more households are comparing whole-of-ownership costs, not just the sticker price.

From a finance perspective, the launch offer is just as important as the price. Eligible customers are being offered a 0.68 per cent comparison rate over a 36-month term, which may help reduce repayments compared with many standard personal or car loan products. As always, buyers should check the total amount payable, deposit assumptions, balloon payments if any, fees, eligibility rules and what happens if circumstances change before signing. A low rate can be attractive, but the right structure still depends on cash flow and ownership plans.

Geely is also reviving a launch incentive that includes a complimentary 7kW home EV charger and premium paint upgrade for customers who order and take delivery between 12 July and 31 August. Installation is not included, and South Australian buyers may need to pay close attention to local network rules. That means the home-charging benefit should be valued realistically, especially for apartment dwellers, renters or households needing electrical upgrades.

The technical specification gives buyers two clear use cases. The Complete uses a 35.3kWh LFP battery with up to 252km of WLTP range, suiting urban commuting and second-car duties. The Inspire steps up to a 47.1kWh LFP battery and up to 345km of WLTP range, making it the more flexible option for drivers who regularly travel beyond the suburbs. Both versions are rear-wheel drive and use compact-battery packaging to maximise cabin practicality.

For Australian EV shoppers, the EX2’s real impact may be psychological. A new EV starting in the mid-$20,000s before on-road costs narrows the gap between electric and petrol alternatives, while low-rate launch finance brings monthly affordability into sharper focus. Buyers should still compare finance options rather than looking at the headline price alone, and should model repayments alongside insurance, charging, servicing and likely resale value. If competitors respond with sharper pricing, the budget EV segment could become one of the most active areas of the Australian market this year.

Published:Tuesday, 14th Jul 2026
Author: Paige Estritori

Please Note: We do not endorse any specific products or companies. Some content is sourced from third parties, including press releases, and may not be independently verified for accuracy or completeness.

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