EV total cost of ownership in Australia: The economics have turned

Sun, 1 Feb 2026 12:38:01 +1100

Andrew Pam <xanni [at] glasswings.com.au>

Andrew Pam
<https://thedriven.io/2026/01/29/ev-total-cost-of-ownership-in-australia-the-economics-have-turned/>

"For much of the past decade, electric vehicles in Australia have been viewed
as a strategic or environmental investment rather than a financial one.

That distinction is rapidly disappearing. Across both light and heavy vehicles,
Total Cost of Ownership (TCO) modelling now shows EVs competing strongly – and
increasingly winning – on pure economics, driven by falling vehicle prices,
policy reform and better understanding of real-world operating costs."

Cheers,
    *** Xanni ***

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