Weird things are happening in the Australian auto market at the moment. In recent weeks, we have seen the launch of several new electric vehicles: the BYD Shark EREV ute (see here), the fully electric Jeep Avenger, and the Deepal SO7 SUV made by Changan from China. Not only that, … [continued]
Battery electric vehicles only achieved a 5.9% penetration of the new vehicle market in Australia in August. This is 5,892 out of 100,786 total light vehicles sold. It was 6,743 in July. Perhaps it’s time to admit that there is a slowdown and a pivot to PHEVs. Strangely, the more … [continued]
Following the feedback of many of our readers, this time I have created something different, a markets roundup article! The article highlights the main EV markets and brings to the limelight a few others that are usually under the radar. Please note that some markets include estimates, so if you … [continued]
About 8% of new cars sold in Australia in July were plug-in electric vehicles (battery electric and plug-in hybrid). That’s down from the H1 average of approximately 10%. At least it isn’t Groundhog Day. The spectacular launch of Xpeng into the Australian market is expected to shift the ground. Although … [continued]
The New Zealand passenger EV market has seen a rise from the doldrums of February, when it reached a low of 4.1% market share. Just below 10% of passenger vehicles sold in NZ in March came with a plug. Thus, the quarter’s average was at about 6% plugin vehicles. Put … [continued]
Is it too early to tell where the New Zealand electric vehicle market will settle in the medium to long term? I hope so, as the figures from February are slightly worse than those of January 2024. We are still waiting for a recovery from changes in government policy. James … [continued]
January delivered an EV market crash in plug-in electric vehicle sales in New Zealand, to their lowest level in several years. After the monster sales records of December 2023, the removal of the EV tax incentive, and the double whammy of the Road User Charge (RUC), it was to be … [continued]
With the threat of loss of subsidies, New Zealanders have bought electric vehicles at an unprecedented rate, achieving 50% penetration in December 2023. Changes in government regulations around the so called “ute tax,” a bonus malus tax that increased the prices of diesel- and petrol-powered cars and decreased the prices … [continued]
Electric vehicle numbers in New Zealand are holding strong in recent months, with the segment recording 34% share of the auto market in September, a slight dip to 29% in October, and a dead cat bounce back to 33% in November. All expectations, however, are that with the recent election … [continued]
With elections imminent and a right-leaning coalition expected to win, New Zealand new car buyers are about to lose massive bonus/malus benefits from purchasing an electric vehicle. Hence, September’s a buying spree! The NZ market is experiencing a politically-driven pull, with electric vehicles taking 34% of the auto market in … [continued]
