The upfront costs of EVs can sometimes be more expensive than petrol/diesel vehicles, however, the charging and maintenance of an EV is much cheaper.
Many Australian Governments also offer a range of incentives that can help to reduce the upfront cost of an EV. It’s also important when comparing EVs with other vehicles that they are like-for-like, meaning they include the same level of safety technology, safe comfort trim, etc.
The higher upfront cost of some EVs is primarily due to the cost of batteries. As battery costs continue to fall, EVs continue to become cheaper. Just a few years ago most EVs cost more than $100,000, and now there are several models available in Australia for under $40,000
You can see a full list of EVs available in Australia here.