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Many EVs still out of reach for most Aussies

On the money: Blue flag data shows the majority of new car sales in Australia are of models priced between $20,000 and $60,000.

New data suggests electric vehicle affordability is out of reach of most new car buyers

29 Aug 2022

RECENT pricing forecasts from automotive data agency Blue Flag suggest the average Australian household income falls well short of that required to purchase a new electric vehicle.

 

The Melbourne-based company says its data was compiled based on communication with a range of companies from government agencies to international and leading automotive brands.

 

By 2025, Blue Flag estimates that of the 133 new electric car model ranges expected to enter the Australian market, 22 will be priced above $150,000, 24 between $100,000 and $150,000, and 20 in the $80,000 to $100,000 range.

 

 

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