Australia’s EV market has been a bit gradual in comparison with related markets world wide. The excellent news is that the market is lastly beginning to present some important traction. Australia’s Electrical Automobile Council just lately printed the Australian Electrical Automobile Trade Recap 2022 Report.
In that report, they present that final 12 months was fairly good by way of EV gross sales in Australia. The Council says, “Whereas the EV achievements of 2022 are a step in the precise course, there’s nonetheless rather more work to be accomplished for Australia’s EV market to catch as much as the world, and to help the achievement of our local weather targets, together with internet zero emissions by 2050.”
Gross sales of latest EVs in Australia virtually doubled in 2022, in comparison with 2021. It is a promising improvement. Nevertheless, the market continues to be considerably trailing the worldwide common, which is presently estimated to have been between 12 to 14% in 2022. The report notes that Australia can be considerably behind markets within the area, comparable to China, the place 28% of latest car gross sales in 2022 had been EVs.
So, the place is Australia’s market share now for brand spanking new car gross sales? Provisional figures for 2002 present that the Australian Capital Territory (ACT), continues to steer in Australia by way of EV market share at 9.7%. Then there’s New South Wales and Victoria that doubled their market share to 4% of latest car purchases in 2022. Tasmania was subsequent with 3.7%, Queensland at 3.5% and Western Australia at 3.4%. In South Australia and the Northern Territory, EV market share additionally virtually doubled between 2021 and 2022, though coming off a a lot decrease base.
The report provides, “Whereas it’s encouraging that the Australian EV fleet has roughly doubled every year since 2020, EVs nonetheless characterize lower than 0.5% of Australia’s passenger and lightweight industrial car fleet. Vital efforts will likely be required by Australian governments and trade to realize a close to 100% zero-emission car fleet by 2050 with the intention to align with our nationwide and state local weather targets of internet zero by 2050 – on the newest. This stays doable however within the close to time period would require the introduction of an bold gas effectivity customary to considerably increase the availability of EVs to Australia. Continued help till a minimum of 2030 will even be obligatory to make sure EVs make up a minimum of 50-60% of all new automobiles bought by then.”
Australia is without doubt one of the many markets that has been starved by way of the number of EV fashions out there for shoppers to purchase. The choice of EVs available in the market improved considerably in 20022, serving to to drive extra gross sales. 70 totally different EV fashions had been out there within the Australian market in 2022, made up of 38 BEVs and 32 PHEVs.
Listed here are the highest 20 EV fashions bought throughout 2022:
The Tesla Mannequin 3 and Y took the highest two positions in 2022, adopted by the BYD Atto, which had a formidable displaying promoting 2,113 models regardless of solely arriving in Australia late final 12 months. With extra fashions coming to Australia this 12 months, we hope to see one other good efficiency by way of new car registrations. Will EV gross sales double once more in 2023? Let’s wait and discover out.
Charts from The Australian Automobile Council’s Australian Electrical Automobile Trade Recap 2022