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AAP
AAP
National
Jennifer Dudley-Nicholson

Price cuts may recharge Aussie electric vehicle market

electric vehicle Australia MG BYD Tesla Inc.
The MG4 electric hatchback is one of several vehicles to take a price cut in Australia. (Bianca De Marchi/AAP PHOTOS)

Electric vehicle prices have fallen below $35,000 for the first time in Australia as brands continue to fight for dominance in the market. 

MG issued the latest salvo in a price war on Thursday, unveiling a series of cost cuts on its electric vehicles, including the MG ZS EV that will become the cheapest in Australia at $34,990. 

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