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2026 KGM Musso EV price and specifications: Australia’s cheapest electric car in detail

Full pricing and specifications have been announced for 2026 KGM Musso EVwhich sets a new price benchmark for a fully electric submarine in Australia at just $60,000 for private buyers.

That’s significantly less than the only electric SUV currently available here – the LDV eT60 dual-cab, rear-wheel drive, priced at $92,990 (excluding on-road costs).

However, the eT60 will soon be replaced by the all-new eTerron 9, which will likely be more affordable, and there will be a number of other new electric vehicles coming to this market soon, including the Toyota HiLux BEV in 2026 and the Isuzu D-Max EV.

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Prices

Three variants of the all-electric dual-cab model will be available, including the entry-level front-wheel-drive Musso EV of the same name, the better-equipped Black Edge for just $2,000 extra, and the top-of-the-line Musso EV AWD for an additional $2,000.

Model One-way fare
2026 KGM Musso EV $60,000
2026 KGM Musso EV Black Edge $62,000
2026 KGM Musso EV AWD $64,000

For reference, the flagship diesel-powered KGM Musso XLV Ultimate 4×4 crew cab costs $53,000 alone.

The vehicles will be available at select KGM dealers later this month, ahead of the official launch on December 1st.

Drives and efficiency

Unlike KGM’s existing Musso range, which rides on a ladder frame chassis, the Musso EV is based on a monocoque chassis like the Korean automaker’s Actyon and Torres mid-size SUVs.