Will Electric Cars ever be around $17,000?
Research from Bloomberg New Energy Finance indicates that falling battery costs will mean electric vehicles will be cheaper to buy in the U.S. and Europe as soon as 2025.
Bloomberg
26 May 2017
Electric cars will hit price parity with petrol by 2023.
Currently the cheapest EV in Australia was the Nissan Leaf, costing $50-70,000, and while there was no doubt that people would wait until EVs were affordable to buy one, he said by 2022-3 they would be in the $20,000 range.
The Sydney Morning Herald
August 26, 2019
Buying an electric vehicle just became a little more affordable with the Chinese MG Motor’s new ZS SUV hitting the market as Australia’s cheapest EV, at $43,990 drive away.
www.racv.com.au
27 November 2020
77 per cent of those surveyed said the purchase price would discourage them from buying an EV.
31 per cent said they would be willing to buy an EV if it was the same price as an equivalent petrol or diesel vehicle.
MG Motor, a subsidiary of Chinese state-owned automotive giant SAIC (Shanghai Automotive Industry Corporation) sells an MG petrol car for around $16,690.
An electric vehicle (EV) at that price, $16,690, would be interesting..