Best of the Best 2025: Best-Value Electric Car

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The MG4 Excite has been named Money's Best-Value Electric Car as part of the Best of the Best awards.

money magazine best of the best awards 2025 best value electric car

There are more EVs on the market in Australia now than ever before, and in the next 12 to 18 months new Chinese brands will arrive in droves on the back of a government mandate requiring lower vehicle emissions for new cars.

But the market is fickle, with many brands reckoning with buyers who can't justify the cost of going electric.

That's good news for those in the market for a bargain, and our picks this year offer massive value.

The MG4 Excite 51kWh has seen an extraordinary price adjustment that helps it undercut similarly sized petrol cars.

This version of the MG4 has the least EV driving range, but higher grades with bigger battery packs offer remarkable value for money and there's a 10-year warranty, including coverage for the battery pack.

Australia's most popular EV also had big price cuts in 2024 and the Tesla Model Y RWD was very close to winning gold.

This family-friendly SUV is at parity-pricing compared with petrol models, has a strong EV range and the Tesla Supercharger network makes living with it easier than other EVs.

BYD has crept into the collective consciousness, and vehicles such as the BYD Seal Dynamic are part of the reason the brand is finding itself in the 'household name' category.

It has a tech-laden spec list and a sub-$50,000 price, and you might even be able to look past the odd interior design.

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