2026 Forthing Taikon 5 price and specs

The Forthing Taikon 5 is arriving in showrooms from later this month, when it will be available as either an extended-range electric vehicle (EREV) – marketed as a Range Extender Hybrid – or a pure electric vehicle (EV).

The Toyota RAV4-sized SUV has become Australia’s cheapest mid-size electric SUV, and the cheapest EREV of any kind in the Australian market.

EREVs remain rare here, unlike in China, and despite offering the extra flexibility of a petrol engine to charge the battery, the Taikon 5’s EREV variants are cheaper than the equivalent EVs.

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The range opens at $36,990 drive-away for the Range Extender Hybrid Luxury, with the electric version costing an additional $2000. Likewise, the Range Extender Hybrid Exclusive is $40,490 drive-away, with the EV costing an extra $2000.

The extended-range variant undercuts the recently announced EREV version of the base Leapmotor B10 Style, a smaller SUV, priced at $37,888 before on-roads. The electric (EV) version undercuts the $39,990 plus on-roads price of the BYD Atto 3 Essential, which BYD classifies as a mid-size SUV despite it being smaller than the B10.

Local Forthing distributor Ateco Automotive, which also handles LDV, Maserati, Ram and Renault in Australia, says it has established a network of Forthing showrooms across every Australian state.

Pricing

Drivetrains and Efficiency

The EREV uses a smaller battery than the EV, but both are claimed to take approximately 30 minutes to charge from 30 to 80 per cent.