Used electric vehicles command 71% price premiums over petrol cars in Australia
Electric vehicles are holding their resale value better than expected in Australia, with used EVs fetching 71% price premiums over comparable petrol cars at auction. Rising fuel costs and surging demand have reversed earlier depreciation concerns. Testing of over 2,750 used batteries shows five-year-old EVs retain 93% charge capacity, challenging fears they become worthless after a decade.
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Summary by OZbrief Editorial · The Guardian Australia – News · Source
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Published 16 Oct 2026, 14:00 UTC · Updated 16 Oct 2026, 14:10 UTC
Summary by OZbrief Editorial. Original report: The Guardian Australia – News. Editorial policy · Corrections
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