Should I buy an electric car in Australia?

Whether you should buy an electric vehicle (EV) in Australia depends on your budget and driving habits, but 2026 is an excellent time to make the switch. Historically, EVs carried a heavy price premium over petrol and diesel vehicles, but that gap has closed dramatically.

Why it is a good time to buy:

• Lower Entry Prices: You can now purchase a new EV in Australia for as low as $25,000.
• More Variety: There is a wide selection of electric cars and SUVs available for under $45,000.
• Market Competition: Brands like BYD are driving down prices and offering some of the most affordable options on the market.

While the upfront purchase price of an EV used to be a major hurdle, they are no longer always significantly more expensive than their petrol counterparts. If you have reliable access to charging at home or work, taking advantage of these new, cheaper models makes buying an EV in Australia a highly practical decision today.