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New Chinese EV brand announces price cut and free charger for first Australian model

Image: Riz Akhtar

GAC, a Chinese automotive giant, announced its entry into the Australian market at the tail end of last year, starting with its first global electric model, the Aion V.

Now, the brand has announced two end-of-financial-year (EOFY) offers on the Aion V, delivering either a finance offer of 0.99% over 36 months or a $2,000 cashback on the top-spec Premium variant.

On top of that, there is a free 22 kW home charger on offer, which does not include installation at the premises.

Image: GAC Australia
Image: GAC Australia

To be eligible for these, orders must be placed on this side of the current financial year, meaning before 30 June 2026. Deliveries of the car with the cashback offer will also need to be taken by 30 September 2026.

The Aion V will be launched in two variants with prices starting at $42,590 before on-roads for the Premium variant. The top-spec Luxury variant comes in at $44,590 before on-road costs.

Powering the Aion V is a 150 kW motor, which is fed by a 75 kWh Lithium iron phosphate (LFP) battery pack. It can deliver up to 510 km of WLTP range.

This battery can be fast-charged at up to 180 kW. With this speed, the Aion V can be fast-charged from 30-80% in 16 minutes, according to specs found in other markets.

Image: Riz Akhtar
Image: Riz Akhtar

The powertrain can also help the car get from 0-100 km/h in 7.9 seconds, thanks to 240 Nm of torque.

The 4.6-metre-long SUV has a tare weight of 1,880 kg, making it one of the lighter electric SUVs on the market. On the inside, the Aion V has a large 14.6-inch screen with Apple CarPlay and Android Auto.

GAC is an acronym for Guangzhou Automobile Group Co., and it is one of the largest automakers in China.Ā 

Globally in 2024, the company produced over 2 million vehicles, making it one of the top five carmakers in its home market of China.Ā 

In recent months, the brand has also launched its affordable electric hatchback, the Aion UT, which we have found to be quite good value in the hatchback segment of the market.

Those interested in the GAC Aion V can order the car from GAC’s website or at the brand’s dealer network, which stands at 30 locations. This is expected to grow to over 100 dealers in the coming years.

We look forward to seeing the impact of this incentive in the coming months, but with a growing number of EOFY sales, including this GAC offer, and elevated fuel prices, now might be the right time for many to make the switch to cleaner, cheaper-to-run EVs.

See The Driven’s detailed EV sales data here:Ā Australian electric vehicle sales by month in 2026; by model and by brand.

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RizĀ is the founder of carloop based in Melbourne, specialising in Australian EV data, insight reports and trends. He is a mechanical engineer who spent the first 7 years of his career building transport infrastructure before starting carloop. He has a passion for cars, particularly EVs and wants to help reduce transport emissions in Australia. He currently drives a red Tesla Model 3.

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