Money Magazine

EVs become more affordable

For most people, the average $86,000 price tag for an electric vehicle has been beyond their means, but the market is changing and you can now pick up a new EV for around $40,000, thanks in part to the easing of global supply logjams and the recent introduction of new Federal tax rules.

Three Chinese EV models – the MG4, the GWM Ora and the BYD Dolphin – all have a listing price around or below the $40,000 mark. It is the lowest entry price for a new EV in Australia to date, and buyers are now able to

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