EV sales reach all time high in Australia
Electric vehicle (EV) sales in Australia have reached an all-time high in 2024, underscoring the demand for cleaner, modern and cost-effective cars.
Data from the Electric Vehicle Council and other sources revealed approximately 114,000 new battery electric vehicles (BEV) and plug-in hybrid vehicles (PHEV) were sold. This is an increase from the previous record of more than 98,000 sales in 2023.
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New EV sales in 2024 include approximately 91,000 BEVs and approximately 23,000 PHEVs. Almost one in ten new car sales were EVs at 9.65% compared to the market share of 8.45% in 2023.
“The 2024 electric vehicle sales results are encouraging, especially in a year when Australians were smashed by high interest rates and the high cost of living. It was also a year in which some states prematurely withdrew crucial incentives that would have boosted adoption further,” Electric Vehicle Council head of policy, legal and advocacy Aman Gaur says.
“It’s not just Australians’ desire to purchase an EV that’s driving the rise in sales – the increase in charging infrastructure, wider range of models at more competitive prices, and the continuation of key purchase incentives have all played a crucial role in encouraging the next wave of EV owners to buy.”
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