The number of new electric vehicles in Australia has tripled after years of lagging sales, thanks to incentives introduced by state governments to support their adoption.
Australia recorded 24,078 electric vehicle sales in 2021, a significant increase from 6,900 sold in 2020, meaning electric cars now make up 2.39% of the new car market.
The Tesla Model 3 was the best-selling electric car in Australia, with 15,054 vehicles sold last year, or 62.5% of all electric vehicles sold. It was followed by the MG ZS with 1,388 and the Mitsubishi Outlander with 592.
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The sales figures now include the number of cars sold by Tesla in Australia after the Electric Vehicle Council (EVC) reached an agreement with the American company.
In previous years, Tesla declined to release a breakdown of numbers by region, instead releasing only total worldwide sales numbers. The company delivered 936,172 electric cars worldwide in 2021.
In the past, industry bodies monitoring the changing car market have been forced to make educated guesses, but Tesla’s regional breakdown reveals the number of electric vehicles on Australian roads.
EVC chief executive Behyad Jafari said the sales figures represent a milestone in a market where electric vehicle sales have lagged for years due to mixed signals from the government, particularly in relation to d other parts of the world.
“We’ve been waiting for several years to hit the 1% mark, so jumping that and going straight to 2% is a big deal,” Jafari said.
He said the boost can be attributed to the combination of support policies introduced by individual states and territories designed to support adoption, including stamp duty exemptions and rebates.
Although there was solid growth in New South Wales, Queensland and Victoria, with market share hovering around the national average, the Australian Capital Territory – which is widely considered to have introduced the most generous policies in the country – has consistently outperformed all other jurisdictions. with a market share of 5.87%,
Even with the positive numbers, Jafari said there was still more to be done provided there was support from the federal government.
“There’s no reason why we aren’t already at 20%,” Jafari said. “We have a federal government talking about meeting these goals by 2030 when we really could be there today. It’s just a matter of them doing their job.
Even at 2.39% of the market, EV sales in Australia lag other countries.
Electric vehicles account for 11.2% of the market in Western Europe, according to data from Schmidt Automotive Researchwith battery electric vehicle registrations surpassing diesel for the first time in december Last year.
Although the United States is also considered to be behind the curve, , electric cars account for around 3% of the new car market – even more than in Australia
But with demand in the US and other countries set to take off in 2022, Australian supply chain companies are already looking for overseas opportunities.
Brisbane-based Tritium, a maker of fast-charging systems for electric vehicles, is expected to announce the location of its new US factory in the coming weeks, with plans to have it up and running by September.
The company’s share price closed at US$7.74 on Wednesday after successfully listing on Nasdaq this week, earning the company’s longtime backer Trevor St Baker A$344.7 million. for its 31.5 million shares.
Its Brisbane factory is currently capable of manufacturing 5,000 units a year and the new factory would triple the company’s capacity without the need to ship material overseas.
With expansion plans in Europe, Tritium could quickly position itself as one of the world’s largest manufacturers of fast charging systems.