Despite tough economic conditions, Australia is set to achieve an annual milestone of 100,000 electric vehicle (EV) sales this year, according to the Electric Vehicle Council.
The Australian Automobile Association’s EV Index reported over 30,000 battery electric (BEV) and plug-in hybrid vehicle (PHEV) sales in the second quarter of this year. This is the first time Australia has surpassed this figure in a single quarter.
BEV and PHEV sales made up 9.6 per cent of new light vehicles sold in Q2, reflecting growing interest in electric mobility.
Electric Vehicle Council Chief Executive Samantha Johnson expressed optimism about the increasing sales but acknowledged the challenges ahead.
“Australia has never had so many electric vehicles on the roads. It was a record-breaking quarter for combined battery and plug-in electric vehicle sales,” said Ms Johnson.
“The continuing strength of electric vehicle sales means Australia remains on track to hit the 100,000 EV annual sales target in 2024. These sales figures are unprecedented, which is extremely encouraging given the broader economic pressures with high interest rates and the cost of living limiting people’s ability to purchase new cars.”
Ms Johnson stressed the need for government support to maintain this momentum.
“These figures demonstrate that Australians want more electric cars, and governments need to listen to this demand by continuing to provide support for electric vehicles. We have seen several states prematurely withdraw incentives – it is critical that governments implement targeted programs that enable more Australian households and businesses to make the switch to electric vehicles.”
She also addressed the issue of misinformation affecting the EV transition.
“The facts are that EVs are cheaper to own and run than internal combustion engines (ICEs), they reduce air pollution, and they’re essential to reducing our carbon emissions. Misinformation is hampering the electric vehicle transition.”
Highlighting the importance of expanding the EV market to meet climate targets, Ms Johnson emphasised the role of the National Vehicle Efficiency Standard.
“We need to see the EV market grow to meet our climate targets – the National Vehicle Efficiency Standard will play a vital role, but much more needs to be done to reduce the nation’s transport emissions.”
As Australia approaches this significant milestone, continued support from both government and industry will be crucial to sustaining and accelerating the transition to electric vehicles.