Why electric cars are almost cheaper than petrol peers

The sticker price of electric vehicles is falling in Australia, with one-third slipping under the $40,000 barrier this week and one of the country’s most popular models reduced to its lowest cost to date.

But according to research and experts, the lower prices do not reveal the full savings the technology can deliver for motorists.

Price parity with petrol and diesel vehicles could be less than four years away, a study shows, and potential fuel and maintenance savings means some…

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