🇦🇺 Australia 13h ago · Jonathan Barrett Business editor

‘BYD effect’: electric vehicle boom becomes unexpected tool to combat inflation

The Guardian Australia
Guardian Australia edition
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‘BYD effect’: electric vehicle boom becomes unexpected tool to combat inflation
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More and more Australian consumers are expected to ‘unplug themselves from the oil shock’ with at least five EVs priced around or below $30,000Follow our Australia politics live blog for latest updatesGet our breaking news email, free app or daily news podcastElectric vehicle sales are surging in Australia, powering a transition that goes beyond fuel savings to become an unexpected tool to combat high inflation.The abrupt shift away from petrol and diesel vehicles, accelerated by elevated fuel c

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