The price of electric vehicles are coming down - but slowly
The price of electric vehicles are coming down - but slowly
6 May 2022
EV imports are up a whopping 309 percent to 543-million dollars, amid a record-breaking year for imports of all vehicle types.
But, the Motor Transport Association's advocacy and strategy manager Greig Epps says while there's an interest there, EV prices aren't coming down as quickly as people may've hoped.
And while he says the sale of utes, for example, does seem to be down year on year -- there's still a market for them.
Epps thinks dealers have a lot of stock on hand -- so we should be seeing a re-balancing of the numbers over the next couple of months.
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