EVs in Australia Struggling after Early Incentive Cuts

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Battery-powered electric vehicle sales fell sharply last quarter and may have temporarily peaked as consumers turn to hybrid models that attract tax concessions, according to new analysis. Quarterly vehicle sales data released by the Australian Automobile Association on Monday reveals petrol-powered cars continued to decline in popularity, with sales falling by 9.16% in the three months to 30 September.

Electric vehicle sales increase 17.7% in Australia. Growing EV sales in Australia and globally provide strong encouragement for producers of the critical minerals needed for EVs and the new-age batteries used therein.
https://www.proactiveinvestors.com.au/companies/news/1060247/electric-vehicle-sales-increase-17-7-in-australia-1060247.html

Lingering doubts, end of subsidies put EVs in slow lane. Misconceptions and the early removal of rebates have put the brakes on electric car sales, an industry group warns as figures show adoption has slowed. But sales of hybrid and plug-in hybrid vehicles continued to accelerate over the last six months despite challenging economic conditions, according to analysis by the Australian Automobile Association.
https://www.illawarramercury.com.au/story/8816532/lingering-doubts-end-of-subsidies-put-evs-in-slow-lane/

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