Electric vehicles are expected to crash through another price barrier in Australia after one brand revealed plans to launch the first battery-powered car for less than $25,000.

Chinese auto maker BYD announced the price of its cheapest model to date would cost $23,990 when it arrived later in 2025, undercutting the price of its nearest competitor by $6000.

Automotive experts said the move could inspire another price battle in the Australian market, and could help to boost electric vehicle sales among mainstream buyers after modest growth during 2025.

BYD, which lapped Tesla to become Australia's top-selling electric vehicle brand, will launch the Atto 1 compact car in stores later in 2025, with deliveries expected in early 2026.

The compact, four-seater car will feature a battery range

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