The electric SUV market is becoming more competitive by the month, and Geely has just made one of the most significant moves of the year.
The company has announced a major update for the EX5, introducing a new rear-wheel-drive platform, significantly more power and advanced LiDAR technology designed to improve driver assistance capabilities.
For buyers comparing affordable electric SUVs, the changes could make the EX5 a much stronger contender against established rivals.
Why the New EX5 Matters
The biggest headline is the move from front-wheel drive to rear-wheel drive.
While the current EX5 has attracted attention for its value and technology, some reviewers have criticised its front-wheel-drive setup for not delivering the most engaging driving experience.
The updated model aims to address that feedback directly.
Rear-wheel drive typically offers:
- improved handling balance
- better acceleration characteristics
- enhanced driving dynamics
- more confident cornering
For many buyers, this change alone could be enough to place the updated EX5 on their shortlist.
More Power, More Performance
Geely hasn’t stopped at changing the drivetrain layout.
The updated EX5 is also expected to receive a substantial power increase, with reports suggesting an additional 114 horsepower compared with the current version.
That extra performance could help position the vehicle as one of the most compelling options in the affordable electric SUV segment.
As competition continues increasing, manufacturers are looking for ways to differentiate themselves beyond range and pricing alone.
LiDAR Technology Arrives
The second major update is the introduction of LiDAR.
While many vehicles rely primarily on cameras and radar systems, LiDAR adds another layer of environmental sensing by using laser technology to map surroundings in real time.
Potential benefits include:
- improved driver assistance systems
- enhanced obstacle detection
- more accurate navigation data
- future software upgrade potential
The addition of LiDAR supports Geely’s broader strategy of positioning the EX5 as a more advanced and future-focused vehicle.
Geely’s Premium Technology Push
The update also aligns with Geely’s growing focus on advanced vehicle architecture.
The company has been vocal about investing in long-term technology platforms rather than pursuing short-term cost reductions.
This strategy is becoming increasingly important as buyers compare not only vehicle specifications but also:
- software capability
- future updates
- safety technology
- connected services
The result is a market where technology can be just as influential as price.
How the Updated EX5 Compares
| Feature | Current EX5 | Updated EX5 |
|---|---|---|
| Drive Layout | Front-Wheel Drive | Rear-Wheel Drive |
| Power Output | Current Specification | +114hp Increase |
| Driver Assistance | Existing Systems | LiDAR-Enhanced Systems |
| Technology Platform | Current Generation | Updated Architecture |
| Market Position | Value-Focused EV | Premium Value EV |
The changes represent more than a simple facelift.
In many ways, Geely appears to be repositioning the EX5 to compete more directly with some of the most popular electric SUVs on the market.
What It Means for Buyers
For anyone considering an electric SUV, timing may become an important factor.
Some buyers may choose to secure a vehicle immediately, while others may prefer to wait for the updated model to arrive.
The decision often comes down to:
- pricing
- vehicle availability
- technology priorities
- ownership costs
As more manufacturers introduce new EVs, buyers have more options than ever before.
Looking Beyond the Purchase Price
Vehicle technology continues improving rapidly, but ownership costs remain an important consideration.
Many EV buyers compare:
- charging costs
- servicing expenses
- insurance
- depreciation
- financing options
before making a final decision.
For employees exploring electric vehicles, understanding how an EV novated lease may affect overall ownership costs can provide useful context.
Many drivers also use a novated lease calculator to estimate vehicle costs based on their salary and driving habits.
The EV Market Is Moving Quickly
The Geely EX5 update highlights how rapidly the electric vehicle market is evolving.
Manufacturers are no longer competing solely on range or battery size.
Today’s buyers are increasingly comparing:
- performance
- technology
- software
- safety systems
- ownership experience
This creates a more competitive market and ultimately gives consumers more choice.
Should You Wait for the Updated EX5?
There isn’t a single answer that suits everyone.
If rear-wheel drive, additional performance and advanced driver assistance features are important to you, the updated EX5 may be worth waiting for.
If your priority is securing an EV sooner rather than later, the current model still offers a strong value proposition.
The key is understanding which features matter most to your ownership experience.
Thinking About an Electric SUV?
With more EV options entering the market every year, understanding the total cost of ownership is becoming increasingly important.
You can calculate your savings to compare vehicle costs, lease terms and ownership scenarios based on your own circumstances.
You may also find these guides useful:
Frequently Asked Questions
Why is rear-wheel drive important?
Rear-wheel drive typically improves handling balance, acceleration and overall driving dynamics compared with front-wheel-drive systems.
What is LiDAR?
LiDAR is a laser-based sensing technology that helps vehicles detect and map their surroundings more accurately.
Will the updated EX5 compete with the BYD Atto 3?
The new drivetrain and technology upgrades position the EX5 as a stronger competitor in the affordable electric SUV segment.
Should I wait for the updated Geely EX5?
That depends on your priorities. Buyers seeking the latest technology and performance upgrades may prefer to wait, while others may find the current model meets their needs today.
