WEMO24-Compiled Report-Interactive compressed (002) 4154-7882-8116 v.1 - Flipbook - Page 281
Market Data
Customers
ENERGY IN
THE REGIONS
The average retail price of an electric car available in China is considerably lower than that in the
USA or Europe
FIGURE 6
Average Retail Price Of The Electric Cars Available, In €, 2015 - H1 2023
HOME
Solar panel cost, average EV cost, average cost of electricity
• In the 昀椀rst half of 2022, the average retail price
of a BEV was €31,829 in China, €55,821 in Europe
(+75% vs China), and €63,864 (+101% vs China)
in the USA.
• A year later, the average retail price of an electric
car available in China is now less than half the
price seen in both Europe and the USA.
€ 80,000
USA
€ 70,000
€ 60,000
• In H1 2023, an electric car cost €31,165 in China,
€66,864 in Europe (+115% vs China) in Europe,
and €68,023 (+118% vs China) in the USA.
Europe
€ 50,000
€ 40,000
€ 30,000
China
€ 20,000
€ 10,000
Source: JATO Dynamics
2016
2017
2018
2019
2020
2021
H1 2022
H1 2023
281
2015
WEMO 2024
€-
