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Tesla Model 3

The Tesla Model 3 is priced from ,900.

For many buyers Tesla’s Model 3 is the electric car to have, and it’s not hard to see why. Our first fully electric car on this list, Tesla’s global smash-hit EV is great value with a solid driving range, but this updated version which arrived late in 2023 came with a host of improvements to address issues with the original version. In fact, this mid-life upgrade is some 50 per cent new.

It includes new suspension to soften the hard ride quality and a raft of material and acoustic upgrades to improve cabin ambiance, as well as more comfortable seats. While this new version also came with a slight price hike, there’s never been a better Model 3 to buy.

MG4

The MG4 is priced from ,990.

While MG has captured the increasingly abandoned low-cost sector of the market with its combustion range, its electric cars have also helped bring the entry price down for those ready to make the switch away from hydrocarbons.

Although competition has increased in this space with the arrival of the BYD Dolphin and the GWM Ora, the MG4 continues to offer stellar value thanks to its generous packaging, stylish hatchback visage, as well as a long driving range and pleasant driving dynamics which were never a feature of the preceding ZS EV courtesy of a new spacious rear-wheel drive platform.

Hyundai Kona electric

The Hyundai Kona Electric is priced from ,000.

Hyundai’s fully electric Kona quietly entered the fray against Tesla’s Model 3 and Nissan’s Leaf a few years ago and has consistently been tweaked to remain a superb value option. It’s not the cheapest, fastest, nor packed with the best tech, but maintains a carefully curated balance of price, driving range, and familiarity in a tough full electric SUV market.

This has only been improved on with the second-generation 2024 version, which continues to bring the price down alongside tweaks to its platform, batteries, and electric motors, keeping it well worth your consideration against some other options on this list.

Polestar 2

The Polestar 2 is priced from ,400.

When Swedish Volvo spin-off Polestar announced its launch in Australia, even here at CarsGuide we were expecting another premium play with tall asking prices. It came as a shock to the system when the entry-model was priced to take the fight directly to Tesla’s popular Model 3, backed with innovative Scando design, long range, and great cabin tech.

The updated model, which arrived late in 2023, only improved on this formula further, with a surprise shift to rear-wheel drive and suspension upgrades to address some of our major gripes with the original version. It even gets more driving range and a big increase in standard active safety equipment.