Twelve months ago Renault Australia invited CarsGuide to take a look at a left-hand-drive example of the Megane E-Tech brought here to introduce the new model to the brand's local dealers, supply partners, the media and maybe the odd prospective customer.
At the time, Renault Australia General Manager, Glen Sealey was aiming to position the car in the low- to mid-$70K bracket (before on-road costs).
But some price and spec arm wrestling has obviously taken place over the last year with a finely sharpened pencil now scratching out a price tag reading $64,990, before on-roads.
That puts it in the same ballpark as the Hyundai Ioniq 5 (2WD 125kW - $65,000) and Ioniq 6 (2WD 111kW - $65,500), Kia Niro EV (S Electric FWD - $66,590), Peugeot 308 (GT Sport Hatch Plug-in-Hybrid - $64,990) and Volvo EX30 (Single Motor Extended Ultra - $64,990).
Not to mention the giant electric elephant in the room, the Tesla Model Y (RWD Single Motor) at $65,400.
But in assessing the Tesla factor Glen Sealey believes European cache counts for a lot with the Megane's target audience and nominates relative newcomer Cupra as a prime adversary, so the Born EV ($59,990), Leon VZe PHEV ($61,690) and larger Formentor VZe PHEV ($64,990) slide into the picture.
No matter which way it goes the Megane E-Tech will be offered initially in a single Techno EV60 grade, with the standard features list including 20-inch alloy rims, full LED lighting (including auto adaptive headlights), dual-zone climate control, a 9.0-inch multimedia touchscreen and 12.3-inch instrument display, adaptive cruise control, six-speaker Arkamys 'Auditorium' audio (with digital radio), wireless Android Auto/Apple CarPlay connectivity, keyless entry and start, auto door handles, rain-sensing wipers, interior (64-colour) ambient lighting, plus heated front seats and a heated steering wheel.
Renault says the combined synthetic leather/fabric upholstery is 100 per cent recycled. In fact, environmental considerations feature heavily in the Megane E-Tech's design and construction with the French maker claiming 90 per cent of the car (and 99 per cent of the drive battery) is able to be recycled at the end of its life.
That aside, the price and equipment equation stacks up well relative to the Megane E-Tech's broad competitive set.