March 2024

Australia has seen significant growth in EV sales, reaching a record 9.6% market share in early 2024, and nearly half of all novated leases now involve EVs. Government initiatives, such as grants for regional charging stations and a $55 million package to add 23,000 more EVs on the road, are accelerating the transition. Charging networks are also expanding in rural areas like Western Australia's goldfields and suburban locations such as Lake Macquarie. Innovation in EV technology is also a key driver, with Australian researchers achieving breakthroughs in wireless charging and battery technology. This includes the potential for more affordable EVs, such as the Mitsubishi eK X, which could become Australia’s first $30,000 EV by late 2024. Additionally, electric trucks and buses are gaining momentum in both Australia and Europe, showcasing the industry's diversification. However, challenges remain, with some EV owners reporting motion sickness, and automakers like Toyota and Volkswagen facing criticism for lagging in the transition to EVs. Despite these hurdles, Australia’s commitment to electrification is clear, as the government and industry work together to build the infrastructure and encourage widespread adoption of EVs across the country.

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February 2024

Innovations and developments in the EV sector are accelerating in Oz, with a tradie demonstrating the cost-effectiveness of electric diggers towed by a Tesla, signifying a shift towards greener construction practices. NewVolt is set to transform Australian truck stops with a new EV charging network, while China's Radar electric ute enhances its appeal with all-wheel drive and increased power. Various firms are entering Australia's competitive EV charging market, with Subaru reportedly planning an electric Forester. A pioneering project might enable wireless charging for EVs on roads, amidst revelations that traditional cars are less efficient than advertised. Solar panels are being explored as bushfire early warning systems, and home solar systems alongside EVs could generate significant savings by 2040. With one in four Australians considering an EV for their next purchase, Volvo is pushing the envelope with its advanced charging centre dedicated to new technologies, aiming to cut CO2 emissions by 75%. Public high-power EV charging costs are scrutinized, hydrogen power faces setbacks, and myths around fuel efficiency standards are challenged. Volkswagen and Hyundai back the Vehicle Efficiency Standard amidst industry discussions. Rivian's electric pickup faces hurdles in Australia, as the country moves towards adopting emissions standards, potentially making EVs more affordable. The Kia EV5 is set to challenge the Tesla Model Y with a lower price point, addressing charger anxiety among EV owners. Despite increased EV sales, summer charging queues have decreased, indicating improvements in infrastructure and user experience.

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