/ 01 February 2022

EV sales soar in Oz

Image source: Unsplash
Image source: Unsplash

New electric car sales in Oz have tripled off the back of incentives introduced by state governments. There were 24,000 EVs sold last year, which is quite a jump from the 6,900 sold in 2020. Still, electric cars make up a little more than 2% of our new car market. The Tesla Model 3, which starts at about $60,000, was the best-selling electric car in Oz, making up 62% of the sales. The Electric Vehicle Council said measures like stamp duty waivers and rebates have helped a lot. The ACT – which provides zero-interest loans for EVs – has outperformed other jurisdictions with EVs claiming a market share of 5.8%. We’re still behind Europe, where 11% of new cars sold are electric, but only slightly behind America’s 3%. China tops the list, accounting for 12% of new EV sales.

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