March 20, 2026
The chart shows the average price of new BEV (fully electric) models that have been introduced worldwide and not yet discontinued in subsequent years. These EVs include passenger cars, SUVs, vans, and pickup trucks.
Average model prices increase sharply in the early 2020s, reflecting the initial dominance of premium EV segments, rising battery costs, and supply-chain constraints. The average price rises from approximately $37,000 in 2020 to $63,000 in 2022, then continues upward to $70,000 in 2023 and peaks at around $77,000 in 2024.
From 2025 onward, prices decline to about $69,000 in 2025 and $58,000 in 2026. This reversal suggests a shift toward mass-market models, intensifying competition, declining battery costs, and greater platform standardization. Overall, the trend indicates a transition from early, higher-priced EV offerings toward broader affordability and market penetration.
See Also:
References:
“All electric vehicles.”, Electric Vehicle Database, https://ev-database.org/ , Accessed March 20, 2026.