I just said that China is taking the biggest share of the market, and you counter with the price of a Volvo? Prices are the biggest advantage of the Chinese models. BYD for example has the Dolphin compact at £30K, Atto 3 SUV at £38K, and Seal sports car at £46K.[1]

BMW is coming on strong though, and gives us close equivalents to compare. The 2027 i3 is supposed to start at $53K according to Car and Driver,[2] and Edmunds agrees.[3] It's all-wheel drive with fast bidirectional charging, 440 miles EPA range, 463 horsepower, and plenty of high-tech features. By comparison, the gas-powered all-wheel drive 3-series starts at $50K, and has 255 horsepower.[4] The M340i has 386hp and starts at $62K, and if you want more power then you'll be up into the 70s or more.[5]

For SUVs you could compare their iX3, coming out this summer, with the gasoline-powered X3. The M50 X3 at 393hp costs $67K, and the iX3 at 463hp will start at about $60K, with a 400 mile EPA range.[7]

[1] https://v2charge.com/byd-car-pricing-electric-hybrid-cars/

[2] https://www.caranddriver.com/bmw/i3

[3] https://www.edmunds.com/bmw/i3/

[4] https://www.bmwusa.com/build-your-own.html#/series/3/sedan

[5] https://www.bmwusa.com/build-your-own.html#/series/M3/sedan

[6] https://www.caranddriver.com/bmw/x3

[7] https://www.caranddriver.com/bmw/ix3

That's not at all my observation.

If you take brands like BMW, the EV counterpart is always at around the same price or cheaper.

But if you're even comparing second hand, the balance is falling even more on the EV side. Second hand EVs can be bought very cheaply.