eGaadi Desk 路 9/21/2026 路 AU
Smart #5 hits Australian showrooms with competitive pricing
Smart has officially launched its all-new Smart #5 mid-size electric SUV in Australia, priced from $58,900 before on-road costs. Positioned directly against the benchmark Tesla Model Y, the new flagship model delivers an impressive driving range of up to 590km on a single charge. It also introduces ultra-fast 400kW DC charging capability, drastically reducing charging downtime at compatible high-output public stations.
How the Smart #5 stacks up against mid-size EV rivals
With its sub-$60,000 entry point, the Smart #5 comfortably sits well below the $91,387 Luxury Car Tax threshold for fuel-efficient vehicles. This makes entry-level trims eligible for Australia's federal Fringe Benefits Tax (FBT) exemption via novated leasing, unlocking significant tax savings for buyers. Furthermore, its 400kW charging architecture provides a clear hardware advantage over popular rivals like the Tesla Model Y and BYD Sealion 7 when plugging into national CCS2 ultra-rapid networks.
Next steps for prospective Australian EV buyers
Buyers evaluating mid-size family EVs should compare drive-away pricing, standard equipment, and local warranty coverage against established alternatives. Drivers who frequently travel long interstate distances stand to benefit most from the vehicle's industry-leading ultra-fast charging capability.