Australia’s EV market: State of the States

Australia has experienced a 65% increase in the sales of electric vehicles so far in 2022. Will Robyn Denholm’s prediction that Tesla would treble the number of its cars on the road by the end of the year come true with three months to go and ships already arriving? It seems plausible.

Since a new record appears to be broken every month, it is challenging to keep track of how many electric vehicles are now being sold in this country. According to Veda Prime, the Turandot’s first shipment from Tesla Shanghai for the fourth quarter has arrived and is currently moored. According to rumors spread by the Tesla Facebook group, there are 800 Model Ys there. Some people who ordered the Model 3 are unhappy.

The Electric Vehicle Council provides the penetration rate in a report on the “status of the states” within a larger report on the state of electric vehicles. Despite the meager numbers, the graph appears to be moving vertically. Visit page 8. Tesla Model 3s and Model Ys account for more than 50% of EV sales in Australia. More than 200 pieces have been sold for 25 different models. We can only hope that the market will expand like it has in Europe, where OEMs are capable of effectively competing with Tesla for market share. 12 of the top 15 selling EVs were BEVs, and 5 of them were brand-new to the Australian market, following the trend we are currently observing abroad.

“At this point, every state and territory in Australia has implemented some kind of incentive to encourage the purchase of electric vehicles. These incentives include upfront discounts off the vehicle’s purchase price, zero-interest loans, and reductions in stamp duty and registration fees.

The ACT continues to lead the nation in EV sales (as a proportion of new vehicle sales) at 9.5%, followed by New South Wales (3.7%), Victoria (3.4%), Queensland (3.3%), Tasmania (3.3%), Western Australia (2.8%), South Australia (2.3%), and the Northern Territory (0.8%). However, it is still too early to evaluate the impact of these policies because many of them were just introduced.

It is noteworthy to further point out that New South Wales has had an 84% rise in EV sales so far in 2022 compared to 2021, followed by an ACT increase of 76% and an NT increase of 75%.

The arrival of ships and the release of new models that are so highly anticipated that a vehicle manufacturer can sell out in a matter of minutes should make the upcoming three months interesting. Recently, the Hyundai Ioniq 5, a potential winner of the 2022 CleanTechnica Car of the Year award, experienced something similar.

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