Electric cars outsold petrol vehicles again in October
Electric vehicles claimed 23.1 per cent of all new car sales in October, up from 7.3 per cent a year earlier.
Australians bought 107,493 new cars in October, 6.7 per cent more than the previous year. Electric vehicle sales surged dramatically: more than 24,800 new electric cars sold, while petrol-powered vehicle purchases dropped 35.9 per cent.
Hybrid and plug-in hybrid sales more than doubled. Fuel prices remain elevated since fighting began in the Middle East in February.
Two utes still led sales overall, but Tesla's Model Y and BYD's Sealion 7 cracked the top five. The trend shows drivers are thinking about running costs when choosing a car.
- 23.1 per cent of new sales
- Electric vehicle share
- 7.3 per cent
- Electric vehicle share year ago
- 24,800
- Electric cars sold in October
- 35.9 per cent
- Petrol sales drop
Why it mattersHouseholds cutting fuel bills will reduce pressure on inflation; the shift accelerates Australia's move away from petrol dependence.
AustraliaHigh fuel costs are permanently changing the Australian car market, making electric and hybrid vehicles cheaper to run than petrol equivalents.
✓ Claims checked against the source and corrected before publish. checked 2 h ago
