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BYD Atto 2 DM-i update announced, priced from $24,990

BYD Australia has aggressively rewritten the rulebook for plug-in hybrid (PHEV) affordability, officially pricing the incoming Atto 2 DM-i from just $24,990 before on-road costs.

The razor-sharp pricing strategy not only undercuts the brand’s own fully electric Atto 2 lineup, but firmly establishes the new model as the cheapest PHEV in the country by a massive $9000 margin.

2026 BYD Atto 2 DM-i - rear

The Atto 2 DM-i will touch down in local showrooms across two distinct trim levels. An entry-level Essential ($24,990) utilises a compact 7.85kWh lithium-iron-phosphate (LFP) battery, providing a claimed 39km of electric-only driving range on the strict WLTP cycle.

Stepping up to the Premium grade ($29,990) upgrades the electrical architecture to a much larger 18.03kWh LFP battery, significantly extending the WLTP electric range to a highly usable 90km. The flagship model also adds a larger 12.8-inch rotating touch-screen, synthetic leather upholstery, heated front seats, a panoramic sunroof, and 3kW vehicle-to-load (V2L) capability.

2026 BYD Atto 2 DM-i - interior

Under the bonnet, both variants share a 1.5-litre non-turbo four-cylinder petrol engine producing 72kW, paired with a front-mounted electric motor generating 145kW and 300Nm. System tuning means the combined output is 122kW for the Essential, while the Premium unlocks a higher peak combined output of 156kW.

Because the battery capacities are tailored for daily urban commuting, the Atto 2 DM-i does not feature heavy, expensive DC fast-charging hardware. Both variants rely on a maximum 3.3kW AC charge rate, meaning the Essential can be fully replenished in just under three hours, while the Premium requires approximately six hours on a standard wallbox.

2026 BYD Atto 2 DM-i - seats

Despite its compact exterior footprint, the switch to a PHEV architecture has actually improved interior packaging over its battery-electric sibling. The Atto 2 DM-i boasts a 425-litre boot capacity with the rear seats in place, expanding to 1335 litres when folded flat.

With initial customer deliveries slated to commence in October 2026, BYD’s aggressive pricing positions the Atto 2 DM-i to heavily disrupt the established compact crossover segment.

Driving Enthusiast will keep you posted as we secure local seat time and conduct real-world efficiency testing on Australia’s cheapest plug-in hybrid.

Mitchell Jones

Mitchell brings over a decade of automotive journalism to Driving Enthusiast, backed by an extensive, hands-on background in the wider automotive industry. Whether he's testing the limits of a space-age EV, advocating for the survival of tactile, analogue interiors, or digging deep into the rich lore of classic Australian motoring, his passion is all-encompassing. Following a ten-year stint at PerformanceDrive, Mitchell now channels his meticulous obsession with automotive history, obscure facts, and "what-if" design realities into his reviews and features.

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