Electric Car Prices Fall Below Petrol Models

‘Another barrier falls’ as EVs now cheaper than petrol cars

New electric cars now cost less on average than a new petrol car, according to data from Autotrader. The average price of a brand-new electric car is now £42,620, compared with £43,405 for a brand-new petrol car. This marks the first time that passenger EVs have been cheaper than petrol cars and the shift has been attributed to government incentives and dealer discounts. EV advocates say the latest news marks the end of one of the biggest barrie…

EVs "cheaper to buy" than petrol models for first time

New electric vehicles (EVs) are cheaper to buy on average than petrol models for the first time, according to data from Autotrader. Based on prices after discounts, the average price of a new EV has now undercut a petrol car across the retail market, driven by UK Government grants and manufacturer discounting. The impact of this pricing trend has become more pronounced in April, with the average new electric car priced at £42,620 compared to £43…

Electric car prices fall below petrol models

New electric car prices have dropped below petrol models for the first time, according to the latest data from Auto Trader. Based on adverts on its platform, it has found […] The post Electric car prices fall below petrol models first appeared on Bodyshop Magazine.

Price parity: Cost of new EVs now lower than petrol cars in key right hand market

The average cost of EVs has fallen below that of petrol cars in the world's biggest right hand drive market, as the surge in fuel prices also rekindles interest in electric cars. The post Price parity: Cost of new EVs now lower than petrol cars in key right hand market appeared first on The Driven.