Is It Groundhog Day for the Australian EV Market?

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Stagnating numbers for EV penetration in the Australian market make it feel like Groundhog Day, but charging installation surges.

There are times when I review the electric vehicle penetration rates for Australia that I feel like I am stuck in Groundhog Day. Each month, new models are spotted — this month, it is the MG Cybster and the Xpeng G6 that have sneak photos on Facebook sites — yet sales still hover at about 10% of new vehicles having a plug. However, more and more chargers are being installed. Many are preparing for an electric future.

The Federal Chamber of Automotive Industries says it expects that over 100,000 EVs will be sold into the car market this year — compared to about 80,000 in all of 2023. EV sales year to date are up 16.5%. “Though electric vehicle sales increased over the month prior, they were down 13.2 per cent on June 2023.” The Tesla Model Y is the fifth best-selling car year to date, behind the Ford Ranger, Toyota HiLux, Toyota RAV4, and Mitsubishi Outlander.

Rod expects to move into production and provide employment in his local area. A further review will be conducted in four years, or when 100 installations are completed. Rod informs me that Kerb Charge utilises the car owners’ home power supply and charges four times faster than a 10-amp power point. It has a cost and convenience advantage over commercial high-speed chargers.

 

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