According to a study by analytics firm Mobility Global, the global price average of EVs is now significantly lower than that of hybrids, Nikkei Asia reports. EV prices average around $37,000, which is 9% lower than in 2020, while hybrid average prices rose 16% over that time period to an average of $39,000. These figures were computed by accounting for sticker prices without subsidies and also based on sales volume.