With fuel prices at an all-time high, new-car buyers on a tight budget are turning their attention to electric vehicles.

And there is no better time to consider the switch, with a new breed of affordable, battery-powered compact SUVs that promise decent driving range, plenty of space and practicality, and the latest in modern conveniences and safety systems.

Like these three models: the new Jaecoo J5 EV, the almost-as-new Leapmotor B10, and the popular BYD Atto 3.

All three cost around $40k, have seating for five and can cover more than 400km on a single charge.

So, let’s find out which is the better option and why.

How much do they cost?

The Jaecoo J5 EV is the newest model here, arriving in local showrooms in January 2026, and it’s the most affordable too. Available in just a single, high-grade specification, it costs $35,990 drive-away.