Electric car model breaks $40000 Australian price barrier in sale 2024
In 2024, Australia saw significant milestones in electric vehicle (EV) pricing as more affordable models entered the market. Two key models—BYD's Dolphin and MG's MG4 hatchback—both broke the $40,000 barrier, priced just under at around $38,990 and $38,890 respectively. These vehicles offer competitive features like impressive range, advanced safety technologies, and interior amenities that rival petrol-powered cars in the same price bracket. The MG4, for example, boasts a range of up to 435 km, depending on the model, while the BYD Dolphin offers a 426 km range【13†source】【14†source】. These price points mark a new era for the EV market in Australia, especially as more consumers express interest in electric cars. In fact, a Roy Morgan survey showed that over half a million Australians plan to buy an EV by 2027【14†source】. Hyundai is also targeting a sub-$40,000 price with its upcoming Inster model, expected in 2025, which would further expand affordable options for Australian b...