BYD Atto 3 prices up 8 percent

AutoExec Summary
One of Australia’s cheapest electric vehicles, the BYD Atto 3, has seen a price increase of about 8 percent from its original launch prices earlier this year. The Standard Range and Extended Range models are now $3630 more expensive, making the Standard range $48,011.35 and the Extended range $51,011.35 before on-road costs. The price increase is attributed to the rising cost of raw materials, particularly lithium. The Atto 3 is still eligible for EV rebates in most parts of the country, but the price increase puts it further away from the MG ZS EV, which is currently the cheapest electric vehicle in Australia. The brand has seen strong sales, with 19 percent of the EV market in November. Despite the success, there have been frustrations with the local distribution of the vehicles. Brands mentioned: BYD, MG, Tesla.