December 2023

December 2023

Despite the Australian Government rejecting calls for electric car mandates, the sector is witnessing significant developments, such as Jolt's campaign with Polestar to tackle EV range anxiety and farmers demonstrating the viability of EVs in remote areas. Volvo's CEO reports strong electric car orders, countering concerns about EV demand. In the realm of infrastructure, Viva Energy (Shell) plans to offer premium EV charging in NSW, and a record was set by an EV enthusiast who charged around Australia in just 10 days. Personal accounts, like the lessons learned from driving an EV in Australia for three years, provide insightful perspectives. The financial sector is also taking notice, with PEP investing $250 million in an EV charging firm that started in a Sydney garage. Interestingly, e-bikes are significantly reducing oil demand, overshadowing electric vehicles in this regard. In the entertainment and corporate sphere, Tesla's removal of the Disney app amidst Elon Musk's feud with Disney CEO Bob Iger adds a twist to the narrative. Meanwhile, NRMA urges proper etiquette at EV chargers during busy periods like Christmas. New model launches, such as the 2024 Polestar 4 electric SUV and the Renault Kangoo E-Tech electric van, along with a surge in EV sales and a doubling of fast-charging sites, indicate a robust market. However, concerns like 'range anxiety' in Australia's far north pose challenges to widespread adoption.

Previous month

November 2023

The rollout of 1500 chargers enhancing EV tourism and the introduction of new models like the BYD Dolphin and Ford Mach-E. Infrastructure advancements are evident, with the deployment of power pole EV chargers in NSW and the expansion of roadside chargers in Sydney. The market is responding to challenges like charger reliability to alleviate range anxiety, and affordability is improving with models like Australia's lowest-cost EV winning awards. The commercial sector is not left behind, with significant growth in electric delivery trucks and a surge in electric truck sales led by Foton. Tesla's plan to enter the Australian energy market and Tritium's strategic business shifts indicate major industry movements. Meanwhile, global EV sales now comprise 17% of total auto sales, showing a significant shift towards electric mobility. Australia's investment in EV infrastructure, like the support for chargers in workplaces and Tesla's supercharger rollout, reflects the growing commitment to EV adoption. The sector's potential environmental impact is underscored by findings that electric cars significantly reduce emissions.

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November 2023