2026 KGM Musso EV price and specs: Australia’s cheapest electric ute detailed

Full pricing and specifications have been announced for the 2026 KGM Musso EV, which sets a new price benchmark for an all-electric ute in Australia, at just $60,000 drive-away for private buyers.

That’s significantly lower than the only electric ute currently available here – the rear-wheel drive LDV eT60 dual-cab priced at $92,990 before on-road costs.

However, the eT60 will soon be replaced by the all-new eTerron 9, which is likely to be more affordable, and there’s a number of other new EV utes coming to this market soon, including the Toyota HiLux BEV in 2026 and the Isuzu D-Max EV.

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Pricing

Three variants of the pure-electric dual-cab will be available, including the eponymous entry-level, front-wheel drive Musso EV, the better equipped Black Edge for just $2000 extra, and the top-spec Musso EV AWD  for another $2000.

Model Drive-away price
2026 KGM Musso EV $60,000
2026 KGM Musso EV Black Edge $62,000
2026 KGM Musso EV AWD $64,000

For reference, the flagship diesel-powered KGM Musso XLV Ultimate dual-cab 4×4 ute is priced at $53,000 drive-away.

Vehicles will be available at selected KGM dealerships by the end of this month, before the official start of sales on December 1.

Drivetrains and Efficiency

Unlike KGM’s existing Musso range, which rides on a ladder-frame chassis, the Musso EV is underpinned by a monocoque chassis like the Korean automaker’s Actyon and Torres mid-size SUVs.