iO Energy is selling discounted EVs for more than $10,000 less than the cheapest competitor

If you’ve been thinking about swapping your petrol car for an electric vehicle, an energy retailer is offering discounted models.

An energy retailer is offering South Australians discounted electric cars to its customers.

In what iO Energy claims is the best electric vehicle deal in Australia, a BYD e6 hatchback with a Wallbox Pulsar Plus charger can be bought for $33,000 plus shipping and handling.

The BYD e6 has a range of up to 400km.

iO says the cars were originally purchased and imported by an interstate company that then changed its business plans before using or registering them.

It then agreed to sell some of its fleet to iO customers.

The BYD e6 hatchback. Picture: Supplied

iO says the cheapest EV in Australia is the MG ZS EV Excite with a starting price of $44,990 for the vehicle alone.

“Compared to other EVs that take months or years to import and deliver, there is little to no wait time for these cars. They are already in Australia and can be delivered to you before your next option is in country,” iO’s chief operating officer Luke Morton said.

Drivers who charge the 80 kWh battery on iO Energy’s residential electricity rate of $0.09/kWh will pay $7.20 for a full charge.

Buyers will also be eligible for a range of state government incentives including an upfront subsidy of $3000 and a three-year registration exemption valued at $2055.

They could also earn an extra $120 a year by charging at times that support the stability of the South Australian electricity grid.