2026 Leapmotor B05 prices: Chinese brand’s new small electric hatch undercuts Toyota Corolla

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The Leapmotor B05 will become the Chinese brand’s cheapest model in Australia when it arrives here next month, undercutting not only the B10 and C10 SUVs but also other small hatchbacks like the Toyota Corolla – despite being all-electric.

Arriving late in August, the B05 range will open with the Style at $35,990 drive-away, with the Design Long Range priced at $39,990 drive-away.

These are special drive-away prices, which will be available for vehicles purchased and delivered between July 1 and September 30, 2026.

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For context, the small B10 electric SUV is priced from $35,888 before on-road costs ($39,980 drive-away based on a NSW postcode), while the Toyota Corolla Ascent Sport is priced at $32,110 plus on-roads or $36,146 drive-away in NSW – though the Japanese hybrid hatch is slightly cheaper than the Chinese challenger in some states.

The most direct rival for the B05 is the MG 4 EV electric hatch, which is priced at $39,990 drive-away in base rear-wheel drive Essence 64 guise.

Like the MG 4, and unlike a raft of other cut-price electric hatchbacks from China, the small B05 hatch features a single-motor rear-wheel drive powertrain.