Price gap between the sales-weighted average price of conventional and electric cars in selected countries, before subsidy, by size, in 2018 and 2022

Last updated 18 Apr 2024

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Sources

IEA analysis based on data from IHS Markit, EV Volumes, Marklines and various sources for retail prices.

Notes

SUV = Sports utility vehicle. “All” includes all car sizes (small, medium, SUV, large and pick-up trucks). A positive value means that the sales-weighted average battery electric car is more expensive than its internal combustion engine equivalent.

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