Average and cheapest battery electric car price values by powertrain in selected emerging markets, 2024

Last updated 17 Apr 2025

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Sources

IEA analysis based on data from S&P Global Mobility.

Notes

ICEV = internal combustion engine vehicle; BEV = battery electric vehicle; OEM = original equipment manufacturer. Average price refers to the sales-weighted average price of cars per powertrain. The cheapest category shows the lowest price found in data.

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