Electric Vehicle Sales in Australia Show No Growth in Market Share

📆 3/04/2024 11:19 p. m.
📰 FinancialReview

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New figures from the Federal Chamber of Automotive Industries reveal that the proportion of electric vehicles (EVs) sold in Australia has not increased despite an increase in sales. In March, 9.5% of all new vehicles sold were EVs, slightly down from 9.6% in February. However, this is still an improvement from March 2023 when EVs made up only 6.8% of the market. The sales of EVs in Australia seem to reflect global trends, with other countries also experiencing a plateau in EV sales.

New figures show that the proportion of electric vehicles (EVs) sold in Australia has not increased despite an increase in sales. In March, 9.5% of all new vehicles sold were EVs, slightly down from 9.

6% in February. However, this is still an improvement from March 2023 when EVs made up only 6.8% of the market. The sales of EVs in Australia seem to reflect global trends, with other countries also experiencing a plateau in EV sales.

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