EV & Hybrid Sales Soar in Australia! Internal Combustion Cars Under 70%!
The Australian automotive industry is undergoing a seismic shift and it’s electrifying. EVs and hybrids are taking the country by storm, leaving traditional internal combustion engines in the dust. Recent data reveals a groundbreaking milestone. The market share of internal combustion engine IC vehicles in Australia has dipped below 70% for the very first time. This is a significant drop considering it was above 80% just a couple of years ago. In the September quarter, electric vehicles, EVs, made up 9.7% of new car sales. A record-breaking achievement. This surge in EV popularity is not just a flash in the pan. It’s a trend that’s been gaining momentum. The Electric Vehicle Council is thrilled with these numbers, but believes more can be done. Here’s where it gets controversial. Despite the impressive sales figures, the council is calling on state governments to bring back EV subsidies. They argue that these incentives are crucial to maintaining the momentum and ensuring Australia meets its emissions reduction targets. But with the federal government already offering fuel efficiency standards and tax exemptions, is this additional support necessary? The numbers are compelling. A record 29,298 battery electric vehicles were sold in the quarter, surpassing the previous quarter’s record. Hybrids and plug-in hybrids also saw a boost in sales. While IC vehicle sales took a hit, the decline is evident across the country with New South Wales in Victoria showing even lower IC vehicle sales proportions than the national average. The Electric Vehicle Council’s Aman Gower attributes this shift to Australians growing awareness of the environmental and financial benefits of EVs. He believes the trend will continue as people realize the long-term savings. But there’s a catch. The Climate Change Authority has set a challenging goal for Australia to meet its ambitious emissions targets. EVs need to make up half of all light vehicle sales in the next 10 years. This has sparked a debate about the government’s role in accelerating EV adoption. The proposed road user charge intended to replace fuel excise revenue has been met with caution. Treasurer Jim Chowmers is taking a cautious approach despite pressure from states seeking funding for road repairs. This has led to discussions about the balance between encouraging EV sales and maintaining road infrastructure funding. Gower emphasizes the need for state governments to step up. using the Western Australian government’s decision to end its EV rebate scheme as an example of a missed opportunity. He believes a collaborative effort is essential for a successful transition to a greener automotive future. And this is the part most people miss. The EV revolution is not just about sales numbers. It’s about a cultural shift towards sustainability. As the debate around government incentives continues, one thing is clear. The future of Australian roads is electric. What do you think? [Music]
Australia’s EV revolution is accelerating! ⚡️
In this video, we break down the latest sales figures, revealing a record-breaking quarter for electric vehicles and hybrids. We’ll explore:
The surge in EV sales and the decline of petrol cars.
Key statistics: 9.7% of new cars are EVs, and ICE vehicles are below 70%!
The role of government policies and incentives.
Expert opinions and future projections.
Learn how Australia is moving towards a greener future and what this means for you. Don’t miss out – watch now!
