Top 10 new EVs coming in 2024

If you thought 2023 was a big year for EVs, strap in because 2024 is shaping up to be humungous.

It’s true that Australia’s electric vehicle charging infrastructure still lags behind the likes of the USA, China and Europe, but that and range anxiety didn’t stop Aussies from buying about 90,000 EVs in 2023 (up 184% on 2022, accounting for over 7% of all new-vehicle sales), about half of them being Teslas.

And with an influx of new EVs due to hit Aussie shores in 2024 – including at the more affordable end of the market – it’s likely to be another mammoth year for the not-so-humble electric vehicle, which continues to attract state and federal incentives.

1. Toyota bZ4X

Toyota might be late to the EV party, but that’s exactly why the first battery-electric model from Australia’s auto market leader is so significant and tops this list.

The long-awaited 2024 Toyota bZ4X doesn’t set any benchmarks for innovation or performance, but the all-new mid-size electric SUV is claimed to bring unrivalled quality, reliability and durability, and should be good value with a starting pricing of around $60,000.

Given that and the long waiting list for the cheaper RAV4 Hybrid, Toyota’s first EV should be relatively popular in Australia when it arrives here in February, available in 150kW front-drive single-motor and 160kW all-wheel drive dual-motor forms offering a respective 470km and 516km of range via a 71.4kWh battery pack.

2. Volkswagen ID.4

Just as the bZ4X will be Toyota’s first EV, the long-awaited ID.4 – and its sleeker ID.5 sister model – will be Volkswagen’s first EV, and it’s also a mid-size electric SUV that will have been updated before it arrives Down Under by mid-2024.

Voted World Car of the Year in 2021, the Volkswagen ID.4 is also expected to be priced below Australia’s top-selling electric SUV, the Tesla Model Y (from $65,400), which will buy you a RWD version with a 210kW motor up front, a 77kWh lithium-ion battery pack and 550km of range – AWD twin-motor GTX versions will up the ante to 250kW.

Ever since the global Dieselgate scandal was exposed in 2015, Volkswagen has been investing heavily to reinvent itself as a clean and green car-maker and Australians will get to vote with their feet on the company’s EV strategy from next year.

3. Hyundai IONIQ 5 N

It may be priced at an eye-watering $111,000, but the Hyundai IONIQ 5 could create a paradigm shift in the EV world when it arrives in Australia in around February 2024.

Indeed, the high-performance mid-size electric SUV will set new benchmarks in its class with 0-100km/h acceleration in just 3.4sec, making it quicker than the quickest Tesla Model Y and Ford Mustang Mach-E, and almost as quick as the Aston Martin DBX707, Ferrari Purosangue and Porsche Cayenne Turbo GT.

This and a 260km/h top speed comes courtesy of a dual-motor AWD powertrain outputting 478kW/740Nm, making it faster and more power than the IONIQ 5 N’s Kia EV6 GT sister model. Cruising range? Who cares… it’s gonna rip wild skids!

4. Jeep Avenger

Jeep is a huge global brand but in Australia its popularity has plummeted – which is why the all-new Jeep Avenger small electric SUV will be so important when it arrives here in the second half of 2024.

The struggling American off-road brand needs something cool, trendy and innovative to get Aussies back on side and one look at the Avenger’s sleek but signature Jeep exterior styling should be enough to rekindle interest.

It’s not clear how much it will cost in Australia, but Jeep’s first EV could be reasonably priced given its single electric motor (115kW/260Nm) fed by a 54kWh lithium-ion battery pack. Claimed cruising range is 400km (WLTP) and the interior looks really cool, with twin digital screens and minimalist cabin decor.

5. Audi Q4 e-tron

Audi has been unfashionably late to the small and mid-size electric SUV party than arch-rivals BMW and Mercedes-Benz, but the Audi Q4 e-tron looks set to address that when it arrives in Aussie showrooms by mid-2024. Priced just under $89K, it’ll undercut the brand’s current cheapest EV, the $153,900 Audi Q8 e-tron.

Four model grades will be offered across two body styles – SUV and Sportback – with single-motor (210kW/545Nm) or dual motor (250kW/679Nm) powertrains botting tapping a 77kWh lithium battery. Cruising range hasn’t been announced yet for Australia, but the Q4 e-tron can travel up to 530km on a single charge in other countries.

6. Polestar 3

The Polestar 2 electric fastback won plenty of friends – and awards – in Australia and across the world, and now the big Polestar 3 large SUV will join it in local showrooms from June 2024, followed by the smaller Polestar 4 mid-size electric SUV around August.

Despite a rather lofty launch price of $132,900, there’s a lot of buzz around the Swedish-Chinese style-meister, which is powered by twin e-motors banging out 380kW/910Nm – enough to frighten a Tesla Model X. And big 111kWh battery packs from Chinese innovator CATL will make it good for up to 610km of range.

7. Volvo EX30

The Volvo EX30 will be a crucial vehicle for the Swedish brand’s EV evolution with several more ‘EX’ EVs to follow, and is expected to arrive here in early 2024. Priced from $59,990 the Volvo EX30 takes a leaf out of the Tesla book and ditches a digital instrument display, instead offering just one large central touch-screen.

Volvo Car Australia insists it will only sell EVs Down Under from 2026, after which the EX30 small electric SUV will be its most affordable and popular model. Hardware includes a 69kWh battery pack that yields up to 480km (WLTP) of range for single-motor (200kW/343Nm) versions and 460km for dual-motor (315kW/543Nm) models.

8. MG Cyberster

MG’s electric vehicle strategy has shifted up a gear with the MG4 small hatch, which we recently named our 2023 carsales Car of the Year, and in 2024 the Chinese car-maker will double down on its performance products with the MG Cyberster.

The ultra-sporty two-door sports car ups the performance ante to dizzying levels with a 0-100km/h sprint time of just 2.6 seconds and while vital statistics haven’t been released yet, the Cyberster will go on sale globally in single-motor rear-drive and dual-motor AWD forms, the latter likely to bang out around 400kW of power. Pricing is expected to start at around $100,000 in Australia.

9. BYD Seal U

BYD is already the second biggest EV brand in Australia behind Tesla and will likely cement its position with the mid-2024 launch of an all-new mid-size electric SUV closely related to China’s Song Plus and the BYD Seal U previously spied testing in Australia.

If the Atto 3 small SUV, Dolphin hatch and Seal sedan are any guide, the bZ4X and ID.4 rival will be sharply priced, very well equipped and packing serious firepower. Australian specs haven’t been released yet, but in Europe the Seal U gets a 72kWh Blade battery pack good for 420km of range in entry models, or an 87kWh battery that pushes range to 500km in up-spec variants.

10. SsangYong Torres EV

Looking to steal sales from Toyota, Volkswagen, Tesla and BYD, the SsangYong Torres will be a key pillar for the rebooted Korean brand in Australia, where it will arrive with combustion engines that will be followed by an EV version utilising the electric powertrain from the Korando e-Motion.

Expected to leverage a 61.5kWh lithium-ion battery pack powering a single e-motor, the Torres EV should offer a range of around 350km. While that’s far from class-leading, the price point is expected to be sharper than a butcher’s meat cleaver.

Honourable mentions:
BMW i5
Chery Omoda 5 EV
Range Rover Electric
Hyundai IONIQ 7
Kia EV5
Renault Megane E-Tech
Peugeot E-3008
Polestar 3
Porsche Macan EV
Skoda Enyaq
Subaru Solterra
Volkswagen ID.3
Volvo EX90

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