Article 6QY5H Electric car model breaks $31,000 Australian price barrier in EV sale

Electric car model breaks $31,000 Australian price barrier in EV sale

by
Australian Associated Press
from Environment | The Guardian on (#6QY5H)

Price of electric cars falls again with the MG4 hatchback cheapest at $30,990 but experts warn high-end EV sales may stall

Electric vehicles have broken through another price barrier in Australia, with the cost of one new model reduced to less than $31,000 for the first time.

But industry experts say the fierce price battle is only playing out among cheaper and smaller electric cars, with Australian taxes reducing competition at the other end of the market.

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