Electric vans have until recently been at a significant price premium to their diesel equivalents. But now it seems as though that an e-van price war is well and truly under way.
After the arrival of the Kia PV5 Cargo at $56,000 (plus on-roads) and the Farizon V7E van ($50k for the standard range and $54k for the extended range) came the reduction in prices for the LDV eDeliver 5 to $47,990 on-the-road for ABN holders (to Aug 31) and eDeliver 7 to $55,000 (for selected pre-MY26 versions).
Now, Peugeot have joined the war with an almost one-third price reduction on the e-Expert Pro long wheelbase (LWB) van. It is now available for $56,990 drive-away (while stocks last), which Peugeot notes as a saving of $26,805 over the previous price.
This pricing also represents a major narrowing of the price differential between electric and diesel versions for all these vans. The new e-Expert Pro LWB price is now only $13,000 more than the diesel version.
These vans offer much the same payloads as their diesel equivalents, pus all the above have tow ratings between 1000kg and 1500kg. As such, the business case for businesses to move from diesel to electric is moving a lot closer to tipping in favour of electric.
It also seems like the ball is now in the court of the remaining light van models (like the Ford e-Transit Custom, as well as VW’s Transporter BEV and ID Buzz Cargo) to start reducing their prices.
Businesses after all are notoriously price-sensitive, so having $20k to $30k price differentials won’t help the sales of these three. Hopefully the production economies-of-scale are kicking in for these in their home markets to allow for some price reductions in these.
It would after all be sad to lose one or more of the e-Transit custom, and VW models. Whilst all three are excellent vans to drive and use, with such large price differentials, brand loyalty may become victim to the inevitability of the bottom line.
You can find The Driven’s detailed EV sales data here: Australian electric vehicle sales by month in 2026; by model and by brand.
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