The electric vehicle (EV) and plug-in hybrid (PHEV) market is rapidly changing. Prices are dropping, and accessibility is increasing. Chinese automaker BYD is leading this shift, and the 2026 Sealion 5 is their latest move: the most affordable PHEV available in Australia, starting at $33,990.
This isn’t a stripped-down compromise. The Sealion 5 is a mid-size SUV – comparable to a Mitsubishi Outlander or Nissan X-Trail – offering practicality without the premium price tag. While a seven-seater is available in the Sealion 8, the 5 prioritizes value and accessibility.
Despite its low price, the Sealion 5 doesn’t feel cheap. It’s a well-built vehicle that challenges expectations for its segment. BYD gained prominence with backing from Warren Buffett, whose Berkshire Hathaway profited significantly from the company before selling its stake in 2025. Today, BYD is establishing itself in Australia with models like the popular Shark 6 plug-in hybrid ute and a move towards direct management, rather than relying on third-party distributors.
What Makes the Sealion 5 Stand Out?
The key is affordability. The Sealion 5 undercuts competitors by a significant margin: $3,500 less than the next cheapest PHEV and $6,000 less than other mid-size hybrids. But price isn’t the only draw.
Inside, the Sealion 5 surprises with its quality. The base “Essential” trim doesn’t feel like a bare-bones option. Materials are high-quality, the cabin is quiet, and the overall experience rivals cars costing much more. It’s a vehicle you can drive without specialized training, featuring intuitive controls, physical buttons, and a familiar shifter.
Performance and Efficiency
The Sealion 5 combines a 1.5-liter petrol engine with an electric motor, delivering a total output of 156kW. The combined torque is estimated around 300Nm. With a 12.9kWh battery, the Essential trim offers an electric-only range of 71km and a combined range of 1,001km (though real-world figures may vary).
Acceleration is respectable at 7.7 seconds for 0-100km/h. Fuel economy is claimed at 1.2L/100km when the battery is charged and 4.5L/100km when depleted.
The Sealion 5’s ride comfort is a standout feature, handling rough roads with ease. While not a sports car, it offers surprisingly good handling and enjoyable driving dynamics.
Key Features
The Sealion 5 Essential includes:
- 18-inch alloy wheels
- Automatic LED headlights
- Keyless entry and start
- 10.1-inch touchscreen with wireless Apple CarPlay and Android Auto
- Dual-zone climate control
The Premium trim adds features like a power tailgate, panoramic sunroof, and heated seats.
Safety and Reliability
The BYD Sealion 5 has yet to receive an ANCAP safety rating. However, it comes standard with seven airbags, adaptive cruise control, and a suite of driver-assistance systems.
BYD offers a six-year, 150,000km vehicle warranty, with an eight-year, 160,000km warranty on the battery. Service costs have not yet been published.
The Bottom Line
The BYD Sealion 5 Essential is a game-changer in the PHEV market. It delivers an impressive combination of affordability, comfort, and features. While it may not be perfect, its value proposition is undeniable. For families or commuters looking to switch to electric without breaking the bank, the Sealion 5 could be the tipping point. It’s a vehicle that pushes BYD further into the mainstream, offering a compelling alternative to traditional automakers.
