Chery Omoda E5 Slashes Prices: One of Australia’s Most Affordable EVs

The electric vehicle (EV) price war is heating up, and Chery has made a bold move to grab attention. For a limited time, the Chery Omoda E5 small SUV is available with a $6000 discount, positioning it as one of the most affordable electric vehicles in Australia.

Limited-Time Offer: Sub-$40,000 Pricing

With the discount applied, the Chery Omoda E5 BX now starts at $36,990 plus on-road costs, while the higher-spec EX grade is priced at $39,990 plus on-road costs. In select states and territories – including the ACT, Queensland, Tasmania, and the Northern Territory – the base model dips below the $40,000 drive-away threshold.

This promotion is effective immediately and runs until 31 January 2025, as stated on the Chery website.

Where the Omoda E5 Stands in the Market

The Omoda E5 now competes directly with some of the most budget-friendly EVs in Australia, including:

• MG 4 Excite 51
• GWM Ora
• BYD Dolphin hatchbacks
• MG ZS EV, which is currently priced at $36,990 drive-away.

While these competitors dominate the hatchback and compact SUV categories, the Omoda E5’s price point, size, and features make it a compelling choice for budget-conscious buyers seeking an EV with solid range and practicality.

Performance and Range

Both variants of the Chery Omoda E5 share the same drivetrain:

• Electric motor output: 150kW.
• Battery pack: 61kWh lithium iron phosphate (LFP).
• Driving range: A claimed 430km on the WLTP testing cycle.

This range, combined with its competitive pricing, positions the Omoda E5 as an attractive option for Australians looking to make the switch to electric.

A Strategic Move in a Competitive Market

Chery’s aggressive pricing follows the recent announcement of a cheaper BYD Atto 3 variant at $39,990. As automakers compete to capture market share in the growing EV segment, this discount reflects the increasing affordability of electric vehicles for Australian consumers.

Don’t Miss Out

With the $6000 discount only valid until 31 January 2025, potential buyers will need to act quickly to take advantage of this offer. Whether you’re considering your first EV or looking for an affordable upgrade, the Chery Omoda E5 delivers an impressive blend of range, performance, and value.

Credit: Drive.com.au