Chery E5 now $37,990 driveaway as brand trims line-up to one sharp variant

Chery has simplified the E5 range to a single well-equipped Ultimate variant, cutting $3,000 from its price and making it one of Australia's most competitive electric small SUVs.

Rob Leigh

Rob Leigh

8 Apr 2026
2026 Chery E5 Ultimate electric SUV exterior
2026 Chery E5 Ultimate electric SUV exterior lunar white

Chery Australia has confirmed pricing and specifications for the MY26 E5 with the electric small SUV now available in a single Ultimate variant priced from $37,990 driveaway.

The previous entry-level Urban model has been cut from the range, but buyers aren't missing out. The Ultimate was the top-spec model before, and it's now $3000 cheaper than it was.

Chery E5 price and specifications

SpecificationDetail
Driveaway Price$37,990
Battery58.9kWh LFP
Range430km WLTP
Power155kW
Torque288Nm
Max charge rate130kW DC
30-80% charge time~30 minutes

The E5 uses a front-mounted electric motor and draws power from a lithium iron phosphate battery. Chery claims a WLTP range of 430km, with a full 30-to-80 per cent DC charge taking around 30 minutes at up to 130kW.

Equipment on the Ultimate is generous for the price point. Standard kit includes a sunroof, synthetic leather upholstery, heated front and rear seats, dual 12.3-inch displays, 360-degree cameras, a Sony sound system and a full suite of active safety tech. One standout feature in the EV segment: a full-size spare wheel.

2026 Chery E5 Ultimate electric SUV exterior lunar white

Standard features include:

  • 18-inch alloy wheels with full-size spare
  • Dual 12.3-inch displays (driver and infotainment)
  • Wireless Apple CarPlay and Android Auto
  • 50W wireless phone charging
  • Eight-speaker Sony sound system
  • Sunroof
  • Heated front and outboard rear seats
  • Dual-zone climate control
  • 360-degree camera
  • Autonomous emergency braking, adaptive cruise control and traffic jam assist
  • Blind-spot monitoring and rear cross-traffic alert with braking
  • 7 airbags

No changes have been made to the powertrain or hardware. This is purely a pricing and line-up adjustment.

At $37,990 driveaway, the E5 undercuts most EV competitors in the small SUV space and now arrives with no confusion about which variant to buy.

Rob Leigh

Rob Leigh

Co-founder & Director

Rob Leigh is Co-founder and Director of The Beep based in Melbourne, Australia. He has 15+ years inside a major automotive OEM, specialising in product planning, pricing and vehicle strategy.

About Author