Renault Australia boss Glen Sealey said the lower prices was in direct response to the market’s response. “Our job is to listen to the market and the needs of our customers to ensure we remain competitive,” he said. “The decision to continue the existing price for Megane E-Tech was influenced by the increased demand for the vehicle we’ve seen across our network since its introduction.” The Megane E-Tech’s price now undercuts the top-selling Tesla Model Y that starts at $55,900, but is still more than the value-packed BYD Atto 3 priced from $44,500. The compact electric SUV uses a single electric motor making 160kW and 300Nm that is fed by a 60kWh lithium-ion battery. Renault claims a driving range of up to 454km. Renault claims the Megane E-Tech can suck up 130kW of juice when connected to a DC charger, which can replenish the battery from 10 to 80 per cent in about 30 minutes. 2024 Renault Megane E-Tech