What's the difference?
We appear to have reached a tipping point in the acceptance of electric vehicles in this country. The early adopters have made their switch but the technology has become more widely accepted, so now carmakers need to woo buyers with conventional means.
That means the tried and tested methods for making any car more appealing to a customer - lower cost and more equipment.
No car demonstrates this better than the BYD Atto 3, which is one of the most popular electric vehicles in Australia. But after an initial surge of buyers happy for a more affordable EV, BYD needs to find fresh ways to attract new customers.
So, for this updated 2024 Atto 3, BYD has made it cheaper and added some key new equipment, while retaining its previous strengths in terms of value and technology.
This is the most affordable plug-in hybrid available in Australia – as this review is published – but it’s got a lot more going for it than just that.
The 2026 BYD Sealion 5 is a mid-size SUV wearing a BYD badge that has been thrust into the public’s awareness by the popular BYD Shark 6 – as well as by widespread criticism of brand's less popular aftersales shortcomings through much of 2025.
It’s also a plug-in hybrid that is showing up as the nation faces a fuel crisis, despite many remaining sceptical of going ‘full EV’.
The Sealion 5 has a long list of features, of course, plus a claimed four-figure driving range. Is this BYD too good to be true?
We grabbed the entry-level Essential to find out.
BYD hasn’t made dramatic changes to the Atto 3 for 2024, but has it done enough to lure in more buyers?
The additional equipment, namely the larger infotainment screen and new tyres, will certainly help make the Atto 3 more appealing. And the technology behind EVs is more understood by the average motorists, so the barriers to making the switch to electrification are dropping.
But the single biggest factor is likely to be the price. At a time when inflation (and other reasons) is driving the cost of new vehicles up, having your updated model go in the wrong direction will only help make potential buyers take notice.
Especially when you consider Toyota’s closest rival to the Atto 3, the bZ4X, starts at $66,000, while the Tesla Model Y is priced from $55,900, making both significantly more expensive propositions. Heck, the cheapest Toyota RAV4 hybrid model starts at $42,260, only marginally cheaper than the Atto 3 Standard Range.
So, if BYD can make its value argument strongly it will help lure more new buyers to take the plunge into the world of EVs.
While the BYD Sealion 5 lacks the polish of some more established plug-in hybrids, it has a seriously compelling price advantage over some competitors. It makes a base-model Mitsubishi Eclipse Cross PHEV feel positively outdated and it’s $13,800 cheaper.
BYD's lack of ANCAP rating for the Sealion 5 and the uncertainty around it still being a new brand are downsides, even if BYD is quickly moving past the latter. But being the most affordable PHEV available while having this much showroom appeal is bound to work in the Sealion 5’s favour, just don’t expect a dynamic masterpiece once you’re out on the road.