The Tesla Model Y was the most popular new electric vehicle in Australia in 2024, representing 16,697 – or 20% of all EV salesThe Tesla Model Y was the most popular new electric vehicle in Australia in 2024, representing 16,697 – or 20% of all EV salesElectric vehicle sales have reached new heights in Australia, representing almost one in every 10 vehicles bought in 2024, with popularity expected to almost double over the next two years.
Despite reaching a new annual record, the growth of EV sales slowed throughout 2024. The 9.5% market share figure covers both pure battery EVs as well as the less-popular plug-in hybrid vehicles.
These ratings are somewhat reflected in the sales figures. EVs were 9.6% and 9.5% of new cars sold in Queensland and NSW respectively, and just 4% in the NT. As a result of policies including the efficiency standard – which is predicted to lower the cost of entry for EVs that will be cheaper to run at a time when petrol for conventional cars is increasingly costly – the Council predicts EV sales will reach at least 15% to 19% of all new vehicles sold by 2026.