According to a study by analytics firm Mobility Global, the global price average of EVs is now significantly lower than that of hybrids, Nikkei Asia reports. EV prices average around $37,000, which is 9% lower than in 2020, while hybrid average prices rose 16% over that time period to an average of $39,000. These figures were computed by accounting for sticker prices without subsidies and also based on sales volume.

  • dorkage@lemmy.ca
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    6 hours ago

    They likely are not cheaper than an ICE car. Batteries on an EV are a significant portion of the BOM and I don’t think there is a comparable component on a ICE.

    But I can see that EVs are comparable to a PHEV or Hybrid for a similar vehicle/ chassis.