The Average EV Is Now Cheaper Than the Average Hybrid (www.autoblog.com)

submitted 1 day ago by schizoidman@lemmy.zip to c/electricvehicles@slrpnk.net

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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.

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[-] CCMan1701A@startrek.website 7 points 17 hours ago

No car is Cheap in USA.

[-] SaveTheTuaHawk@lemmy.ca 19 points 1 day ago

EVs should be cheaper than ICE, they cost less to make.

[-] dorkage@lemmy.ca 4 points 18 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.

[-] CaptainKoerk@startrek.website 20 points 1 day ago

The cleantech revolution is done: EVs ✅ Renewable Energy ✅ Heat pumps ✅

Politics can slow them down but they can'stop them. All of these are foregone conclusions, that is, if humanity survives long enough...

this post was submitted on 09 Aug 2026

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