Are EV discounts changing the car market for good? For years, the biggest barrier to buying an electric vehicle has been the high upfront cost. But recently, something incredible has happened in the automotive market: the average advertised price of new EVs has actually dropped below the average price of petrol cars.
But what is the reality behind this price shift, and is it here to stay? In this video, we look past the headlines to explore the real story behind the massive EV discounts, how manufacturer competition is reshaping the market, and whether the cost crossover will last.
Want to know more? Read what our experts have to say here https://www.autotrader.co.uk/content/news/new-evs-are-now-cheaper-than-petrol-cars-on-average-is-now-the-time-to-buy
ACEA data report: https://www.acea.auto/pc-registrations/new-car-registrations-1-8-in-2025-battery-electric-17-4-market-share/
Everything you need to know about EVs: https://youtu.be/xNZR4wB-T80
EV facts and running costs article: https://www.autotrader.co.uk/content/features/electric-cars-facts-and-figures
Chapters
00:00 Are electric cars cheaper than petrol?
00:59 EV upfront cost barrier changes
01:44 EVs are only cheaper because of discounts
02:29 Huge discounts changing the market
03:20 Examples on Autotrader
04:20 EV market is opening up
05:25 Fuel prices are pushing people to electric vehicles
06:03 Temporary or permanent shift?
06:34 2035 petrol ban driving EV push
07:28 Battery costs dropping rapidly
07:52 Most popular EVs right now on Autotrader
08:47 Most popular cars right now on Autotrader
09:18 Final thoughts
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