EV Market

EV Pricing in 2025

The median price of a new EV continues to drop as the number of brands proliferates.

The BEV (Battery Electric Vehicle) market has a high proportion of premium models. Even though the median price continues to drop, there is still large number of vehicles over $100,000.

EV Models by Price

Distribution of 97 BEV models across price bands

As the EV market matures, there's an increasing number of vehicles in the $40-70k price bracket.

Brands with a multiple vehicle portfolio across diverse prices are capturing significant numbers of buyers.

Apply a sales weighting to see the relative sales per unit for each model.

EV Pricing in Australia (2025)

By make and model

Apply Sales Weighting

Chart shows base price of lowest-priced variant of each BEV model available. Outliers above $160,000 excluded (but median reflects entire market). Sales weighting reflects model sales volume (Year to Date) to emphasize brand strength in the market.LCT threshold (vehicles above this are required to pay Luxury Car Tax).

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Where are EVs manufactured?

While EV brands originate from various countries, a significant amount of electric vehicles imported into Australia are manufactured in China.

EV Models by Country of Manufacture

China leads BEV production

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For the complete dataset see Data Services.