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Geely EX2 Priced From $26490 in Australia: Second Cheapest EV

If you've been waiting for an EV that doesn't require stretching your budget into next year's pay, Geely just made a move worth paying attention to.

Geely EX2 Priced From $26490 in Australia: Second Cheapest EV

The money picture

Two trims make up the local lineup, and the spread between them is sensible rather than aggressive. The entry "Complete" starts at A$26,490 plus on-road costs, while the flagship "Inspire" tops out at A$30,990 plus on-road costs. Either way, you're looking at money that used to buy a top-spec Corolla — and well below what most Australian buyers paid for a new SUV just a few years ago.

Geely is sweetening the launch window, running 12 July through 31 August 2026, with a complimentary 7kW home EV charger and a premium paint upgrade worth up to A$600 if you order and take delivery inside that period. There's also a 0.68 percent comparison rate on a 36-month finance term, structured against a secured consumer fixed-rate loan of A$30,000 over five years. Read the fine print carefully — comparison-rate offers at this kind of sticker price can quietly add thousands to the real cost over the life of the loan, which is the kind of out-the-door detail that determines whether a bargain is actually a bargain.

What's actually under the skin

Both grades sit on Geely's Global Intelligent New Energy Architecture (GEA), the same modular platform underpinning the EX5 mid-size SUV and the Starray EM-i plug-in hybrid. Notably, the EX2 runs a multi-link independent rear suspension rather than the torsion beam setup common at this price point, with Geely claiming a 9.9m turning circle aided by a 41-degree maximum front steering angle — useful for grocery runs in tight parking spots, and exactly the kind of detail budget cars usually skip. Australian-spec cars get a ride and handling tune developed with Geely Technology Europe, the operation formerly known as Lotus Tech Innovation Centre GmbH, aimed at European and Australian driving preferences.

The Complete pairs a rear-mounted 60kW/150Nm motor with a 35.3kWh LFP battery rated for up to 252km on WLTP. The Inspire steps up to an 85kW/150Nm motor and a 47.1kWh LFP pack, extending WLTP range to 345km. Both batteries use liquid cooling. Real-world range will land noticeably below those WLTP numbers — usually by a comfortable margin — so if your weekly driving exceeds what those figures suggest, charging logistics become part of the buying decision from day one.

The cabin leans practical. Both trims get a 14.6-inch central touchscreen with built-in satellite navigation, Apple CarPlay and Android Auto, plus an 8.8-inch digital instrument cluster. The Complete runs a 4-speaker system; the Inspire adds 6 speakers, 256-colour ambient lighting, heated seats, a heated steering wheel, LED vanity mirrors and a power tailgate. Storage is genuinely well thought out — more than 30 storage spaces throughout the cabin, a 70-litre frunk, a 375-litre boot, a 10-litre drawer-style glovebox and 28 litres of under-seat storage freed up by an integrated frame seat design.

What to watch before you sign

Geely Connected Services activate from August 2026 with 24 months of access included, giving remote control over doors, windows, climate and charging through a renewed Geely app. Emergency Call (eCall) functionality is flagged for an over-the-air update in the fourth quarter of 2026 — meaning the car you drive home isn't quite the car you'll be driving by year's end. That kind of rolling delivery model, where features arrive after purchase rather than at the showroom, has become the norm across connected hardware — the same philosophy that lets browser-based tools keep running legacy software well past their original support window.

The EX2 sits about A$4,500 above the BYD Atto 1's current entry price in Australia, which means Geely needs to prove it's offering more than just a cheaper sticker. If you're shopping this segment, the play is straightforward: drive both back-to-back, check the local dealer service footprint, and ask pointed questions about warranty terms on the LFP pack specifically. Battery replacement cost is the kind of hidden financial reality nobody likes to discover three years into ownership, and it sits squarely in the tax-rebate-hurdle category of things that can sour an otherwise smart purchase.