22 great electric vehicles for 2024 (continuously updated)

The Hong Kong government announced in its budget on February 28, 2024, that it will extend the “one-for-one” scheme for electric private cars for two years, but with the following three adjustments:

• The amount of tax reduction will be reduced by 40%. The maximum first registration tax exemption under the “one-for-one” scheme for electric private cars will be reduced from HK$287,500 to HK$172,500.
• The maximum exemption for general electric private cars will be reduced from HK$97,500 to HK$58,500.
• Electric cars with a pre-tax price exceeding HK$500,000 will not receive any tax exemption.

Are you a newbie to electric cars and don’t know how to choose? Experts from Kwiksur recommend and introduce 26 models of electric cars, and also provide an introduction to electric car insurance.

Comparison between old and new one-for-one scheme - Tesla Model 3

Comparison between old and new one-for-one scheme

1. Tesla Model 3

The newly released Tesla Model 3 in early September is the most popular electric car globally and the preferred choice among car owners in Hong Kong. The reason is believed to be its affordability compared to other Tesla models, making it widely considered to be the entry-level electric sedan. It is lighter and costs less compared to the Model S from the same manufacturer. Currently, only the Long Range version is available in Hong Kong, featuring four-wheel drive and two independent motors. The new Model 3 has a more streamlined appearance and is equipped with a redesigned steering wheel, ambient lighting, and a 15.4-inch central control screen.

3. Mercedes-Benz EQE 350 / EQE 350 SUV

Mercedes-Benz continues the naming convention from the era of gasoline cars for its electric vehicles. In the electric vehicle era, the E-Series is represented by the EQE , which includes both a sedan version and an EQE SUV version, catering to users who prefer either a sedan or an SUV. Both models are equipped with a 56-inch MBUX Hyperscreen display and offer various safety systems, such as active distance assist, active lane keeping assist, and the GUARD 360° feature, which provides comprehensive vehicle and surrounding monitoring.

4. Mercedes-Benz EQS 53 4MATIC+ / EQS SUV 450 4MATIC

Mercedes-Benz flagship EQS series offers even more space. The sedan version, EQS, features frameless doors that extend to the rear, giving it a sporty appearance. The EQS SUV provides a wider field of vision and offers a 3-row, 7-seat configuration. It has rear-wheel steering, significantly enhancing stability while driving. Both the EQS and EQS SUV interiors come with a sliding panoramic sunroof, ambient lighting, and a Burmester 3D surround sound system. Combined with excellent sound insulation, they offer a luxurious and comfortable experience.

5. AUDI Q4 e-tron 45

The Q4 e-tron has a distinct resemblance to conventional gasoline cars, featuring a large grille and a lower front air intake. The headlights incorporate four daytime running light modes, adding a touch of playfulness. The interior of the Q4 e-tron follows Audi's tradition of exquisite craftsmanship, utilizing high-quality materials and incorporating a significant number of polygonal elements in its design, creating a strong sense of technology. The spaciousness benefits from a wheelbase of 2,764 mm, effectively adding legroom for rear passengers. With a 520-liter luggage compartment, the Q4 e-tron comfortably accommodates a family of four on outdoor trips.

6. AUDI Q8 e-tron 50 quattro

As a top-of-the-line SUV model, the Q8 e-tron boasts a length of 4.9 meters and a nearly 3-meter wheelbase, providing ample interior space. Coupled with sporty and supportive seats, it offers a highly comfortable seating experience even during long rides. The center console features two screens, one controlling multimedia and navigation information, and the other managing air conditioning functions. With the addition of the B&O sound system, it provides both superior visual and auditory experiences. In terms of driving safety, the Q8 e-tron's quattro all-wheel drive system automatically adjusts torque distribution between the two axles, enhancing stability and handling performance.

7. Hyundai IONIQ 5

The IONIQ5 is Hyundai's first electric vehicle built on the independently developed Electric-Global Modular Platform (E-GMP). It is a CUV (Crossover Sport Utility Vehicle). Its exterior design exudes a stylish and futuristic feel, with sharp lines, a unique clamshell hood, pixel matrix tail lights, and a V-shaped front bumper that all add to its charm. The interior is crafted using modular components, creating a spacious and comfortable cabin.

Furthermore, the vehicle incorporates environmentally friendly and sustainable materials. For example, the leather used for the seats is dyed with more eco-friendly flaxseed oil, reducing the impact on the environment.

The IONIQ5 is equipped with Vehicle-to-Load (V2L) power supply technology, with a plug available in the rear seats that allows charging of various products even when the vehicle is turned off. Other notable features include the iPedal for one-foot operation, 527 liters of cargo space, and the Hyundai Smart Sense safety and driver-assistance system. Despite its appealing performance and price, delivery is not expected until 2024.

8. Hyundai IONIQ 6

The IONIQ 6 utilizes Hyundai's independently developed Electric-Global Modular Platform (E-GMP) electric vehicle chassis, with the battery positioned at the bottom of the vehicle. This effectively improves weight distribution and lowers the center of gravity, enhancing handling responsiveness. The sleek and streamlined body design has successfully achieved an ultra-low drag coefficient of 0.21 Cd.

The interior design and features of the IONIQ 6 exude a futuristic appeal. The central screen seamlessly integrates with the digital instrument panel, allowing for easy access to driving information and supporting 360-degree camera display. Additionally, the IONIQ 6 offers Vehicle-to-Load (V2L) functionality, similar to a standard household 220V socket, providing power source for small appliances.

9. BMW iX M60

Although it belongs to the SUV category, the iX M60 prioritizes performance. It can accelerate from 0 to 100 km/h in just 3.8 seconds and boasts an impressive 1,015 Nm of torque. The power comes from a combined output of 455 kW from the front and rear motors. Additionally, the iX M60 features a four-wheel steering system that automatically determines the steering angle based on the vehicle's speed. The active energy recuperation system is also unique, as it actively anticipates road conditions and driver behavior to determine when to engage energy recovery. Another noteworthy feature is the pneumatic suspension system, which maintains the same body height under different load weights.

10. BMW i4 eDrive35 SE

Continuing BMW's traditional sedan style, the i4 eDrive35 is the all-new entry-level model in the i4 family. It features the 5th generation eDrive electric powertrain system, which is shared with the iX and i4 series. Equipped with a 68 kWh battery, it offers a maximum driving range of up to 483 kilometers, showcasing BMW's impressive control over electric vehicle range.

The interior of the vehicle is well-appointed and equipped with a 12.3-inch digital instrument cluster and a 14.9-inch integrated curved touchscreen display. It incorporates the iDrive 8.0 operating system, functioning like a personal assistant that automatically controls temperature, music, shade, and other features according to the driver's needs.

11. Porsche Taycan Turbo S

The Porsche Taycan Turbo S is Porsche's all-electric sports car. It features the iconic Porsche design elements, including the sleek and sporty body panels and a panoramic roof, which contribute to its appealing aesthetics. With dual motors and an all-wheel-drive system, the car delivers impressive horsepower. The advanced suspension system, automatic adjustable dampers, and a 12.8-inch central display screen combine with cutting-edge technology to ensure stability for the Taycan Turbo S, whether it's driving at high speeds or navigating corners.

12. MAXUS MIFA 9

Targeting the 'executive car' market, the MIFA 9 by MAXUS offers quality materials and features. It includes a 12.3-inch multimedia touchscreen with Apple CarPlay, wireless phone charging, LED headlights and taillights, and blind-spot indicator lights. The second row features a pair of multifunctional 'boss’ seats' upholstered in Nappa leather. These seats have a 5-inch screen on the armrest that controls ventilation, heating, massage, and memory functions. Additionally, the seats have built-in folding work tables for placing a notebook or working with documents.

With a length of over 5.2 meters, the MIFA 9 provides a spacious interior that can accommodate three rows of seating, offering a total of 7 seats. The dual electric sliding doors on the left and right make entering and exiting the vehicle easier. Even without folding down the third-row seats, the 466-liter trunk can accommodate two large suitcases.

13. MINI Electric

The MINI Electric, without a gasoline engine, is now equipped with a 135 kW electric motor (equivalent to 185 horsepower). In the era of gasoline-powered vehicles, this output level would be considered 'powerful,' but in the world of electric cars, 135 kW combined with a 32.6 kWh battery capacity is merely 'basic'. Thankfully, weighing only 1,440kg, the MINI Electric still delivers good handling performance.

The iconic large round instrument cluster in the center of the car's interior has been replaced with a touchscreen display. The MINI Electric is equipped with features such as Harman Kardon audio, heated front seats, a range of safety systems, and parking assistance functions. Although the MINI Electric has a range of only 234 km, it accounted for over 40% of the brand's total sales last year, suggesting its appeal goes beyond just the numbers.

MINI Electric price, performance, and delivery date
Price	HKD $339,800
Price under '1 for 1'	HKD $279,800
Estimated delivery date	Already launched
Battery capacity	32.6 kWh
Range (WLTP)	234 km
0-100 km/h acceleration	7.5 seconds
Maximum power	135 kW
Maximum torque	270 Nm
Drive system	Front-wheel drive (FWD)
Cargo space	211 liters

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14. ALL-ELECTRIC MINI COUNTRYMAN E

For MINI fans who have already started a family, the four-door model of the ALL-ELECTRIC MINI COUNTRYMAN E is a responsible choice that caters to the needs of their spouse and children. With a length of 4,433 millimeters and a width of 1,843 millimeters, the whole family can enjoy a comfortable ride.

The redesigned interior and exterior of the ALL-ELECTRIC MINI COUNTRYMAN E are filled with playful elements. The center console features an OLED screen with customizable interfaces, the gear lever has been transformed into a small dial placed below the center console, and the steering wheel resembles that of a high-performance car. Even the vertical air vents contribute to the refreshing and unique experience that MINI consistently delivers.

15. Volkswagen ID.4

Following the e-Golf from several years ago, Volkswagen has finally introduced another electric vehicle in Hong Kong, the ID.4. The ID.4 features dynamic body lines and belongs to the compact SUV category, with a size similar to the Tiguan. It adopts the MEB platform specially developed by the manufacturer for electric vehicles and is produced at the Emden factory in Germany.

The interior design of the ID.4 is sleek and simple, featuring a 5.3-inch digital instrument cluster that displays driving information such as vehicle speed, as well as a 12.9-inch touchscreen infotainment system located on the center console. The infotainment system supports wireless Apple CarPlay. Additionally, the vehicle is equipped with a panoramic sunroof with an electric sunshade and a three-zone automatic climate control system.

16. Volvo C40 Recharge

The C40 Recharge is the coupe version of the XC40 Recharge, with a more youthful appearance. It is 10mm wider than the XC40 Recharge, and the sloping design of the rear end reduces headroom for rear passengers by 62mm, which was expected. However, the headroom for front passengers has actually increased by 10mm.

The C40 Recharge and XC40 Recharge are sibling models, sharing similar interior designs and features. They both come equipped with a 12.3-inch digital instrument cluster, a 9-inch touchscreen with Google's in-car system, and dual-zone air conditioning. It's worth mentioning that the C40 is Volvo's first Leather Free model. The 'leather' seats are made from a blend of 30% wool and 70% polyester. Additionally, the C40 does not have a sunshade for its large panoramic roof, so those who are sensitive to sunlight should take note.

17. KIA EV9

The KIA EV9 is a large SUV with an overall length in excess of 5 meters. It offers both a 6-seat and a 7-seat version, with the 6-seat version featuring two second-row seats that can rotate by 180 degrees. The EV9 utilizes the E-GMP electric vehicle platform, which provides advantages such as a 3,100mm wheelbase and a flat floor.

As a flagship model, the EV9 features an integrated curved screen that combines a 12.3-inch digital instrument cluster and a central 12.3-inch touchscreen. It comes equipped with various features, including HUD projection display, dual-zone automatic climate control, independent rear air conditioning, a panoramic sunroof, ambient lighting, wireless charging, USB charging, and a 6-speaker audio system with support for Apple CarPlay. Additionally, it includes a 360-degree parking camera, making parking more convenient.

18. KIA EV6

The EV6 , with its innovative and futuristic design, shares the same platform as its sister car, the Hyundai IONIQ 5. However, the EV6 has a more coupe-like body shape with prominent one-line rear tail lights, giving it a strong sci-fi vibe.

Unlike the popular large central screens found in many electric vehicles today, the EV6 features two connected 12.3-inch screens. The interior of the cabin has few physical buttons, and the air conditioning controls are touch-sensitive. The start button is located in front of the rotary 'gear stick,' making it easily accessible. The EV6 is equipped with a new intelligent regenerative braking system, offering six modes: 0, 1, 2, 3, i-PEDAL, and automatic. These modes can be operated using the paddles behind the steering wheel, making it easier for first-time electric vehicle drivers to adapt.

19. Lexus RZ450e

The RZ450e is not a modified version of a gasoline car but a brand new model specifically designed for electric vehicles. While it still retains some design elements reminiscent of a gasoline car, and even lacks the common front trunk space found in electric cars, the interior modifications are praiseworthy. The previous super-complicated and cumbersome buttons and touchpad on the gear stick have all been removed, resulting in a more streamlined and user-friendly operation and appearance.

The center console is equipped with a 14-inch touchscreen, which can be considered the hero of the simplified interior. It not only allows for viewing of general driving information but also incorporates air conditioning controls and supports wireless charging and wireless Apple CarPlay, enhancing convenience even further.

20. BYD Dolphin Dynamic Standard Range

Following the ATTO 3, BYD introduces the Dolphin , which is the most affordable electric vehicle in Hong Kong with a 1-for-1 price of less than HKD $200,000. It adopts a five-door hatchback design with a wheelbase of 2,700mm, providing ample rear seat space. In terms of features, it includes faux leather seats, a multifunction steering wheel, a 5-inch digital instrument cluster, a 12.8-inch tilting touchscreen, a PM2.5 air filtration system, Apple CarPlay, and a 360-degree camera, offering a comprehensive package.

The Dolphin also offers a Premium Extended Range version with a battery capacity of 60.48 kWh and a range of 490 km (NEDC) for a 1-for-1 price of HKD $236,000. Additionally, all models come with a 6-year or 150,000 km vehicle warranty and a lifetime battery warranty.

21. BYD Seal AWD Performance

The Seal is BYD's third electric vehicle released in Hong Kong, featuring a four-door sedan design and a remarkable 0-100 km/h acceleration of just 3.8 seconds, making it a strong competitor to Tesla’s Model 3. The Seal is BYD's first model to adopt the CTB (Cell-to-Body) architecture, integrating the battery pack into the chassis to significantly enhance the rigidity of the vehicle. BYD claims that the Seal has a torsional stiffness of 40,500 Nm/°, providing a solid driving experience.

Another highlight of the Seal is its iTAC (Intelligent Torque Adaption Control) system, which dynamically adjusts motor output in real time. For example, when going up a slope, it increases torque output to the rear wheels to prevent tire slip. This system also improves the vehicle’s handling in turns.

The Seal is available in Standard Range Dynamic and Extended Range Premium versions, offering ranges of 510 km and 650 km, respectively, with 1-for-1 prices of HKD $309,000 and $349,000.

22. MG4 X-Power RS4

The MG4 X-Power RS4 has high performance as its selling point, with 316 kW of power and 600 Nm of torque. It accelerates from 0-100 km/h in just 3.8 seconds. With full-time four-wheel drive and a 50:50 weight distribution between the front and rear of the vehicle, it can be considered the only high-performance hatchback electric car in the Hong Kong market. It offers a great deal of flexibility in terms of driving experience. In the customizable mode, drivers can adjust power output, steering, and throttle settings to Eco/Comfort, Normal, or Sport, catering to enthusiasts seeking driving enjoyment.

MG4 X-Power RS4 price, performance, and delivery date
Price	HKD $369,000
Price under '1 for 1'	HKD $369,000
Estimated delivery date	Already available
Battery capacity	64 kWh
Range (WLTP)	385 km
0-100 km/h acceleration	3.8 seconds
Maximum power	316 kW
Maximum torque	600 Nm
Drive system	All-wheel drive (AWD)
Cargo space	398 liters

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Recommended 1-for-1 electric vehicles under HKD $500,000

How to select electric car insurance?

As electric cars offer superior performance, the associated relative risk is also heightened, leading to insurance premiums that are 30% to 150% higher than those for gasoline cars. Consequently, drivers must exercise greater caution when purchasing insurance for electric cars and compare premiums from different insurers. When selecting insurance for electric cars, consider the following suggestions:

1. Third-party or comprehensive coverage: Despite high electric car insurance premiums (for instance, around HKD $10,000 annually for an electric car costing between HKD $200,000 and HKD $300,000), a deductible of up to HKD $30,000 in the event of an accident still applies. Drivers should therefore assess their driving habits before deciding whether to secure third-party or comprehensive coverage.

2. Opt for companies that accept driver-provided mileage: Drivers can attempt to provide the insurance company with their actual mileage. The lower the mileage, the more affordable the premium.

3. P-license drivers should wait 1-2 years before transitioning to an electric car: Insurance for P-license drivers is already costly for gasoline cars, and electric cars only increase the expense.

4. Search for companies that accept restriction clauses: Drivers can suggest adding restriction clauses to the insurer, specifying that only designated drivers will operate the electric car, consequently lowering the premium.

HK$328,300

2024 New One-for-One SchemePre-tax car priceHK$328,300HK$328,300

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