Car Market Rebounds on Back of Hybrid Sales, EV Growth Stalls

Car Market Rebounds on Back of Hybrid Sales, EV Growth Stalls

Australia’s car market has roared back to life, with over 108,000 vehicles sold in March, ending an eight-month slump. However, while hybrid sales are surging, electric vehicle (EV) adoption is faltering, casting doubt on the federal government’s ability to meet its ambitious New Vehicle Efficiency Standard (NVES) targets. Data released by the Federal Chamber of Automotive Industries (FCAI) and the Electric Vehicle Council (EVC) on April 3 confi…

The registrations of electric cars, mostly carried by the fleets, jumped on the first half of February to benefit from the more generous conditions of the bonus... before collapse.

Spain is located in the queue cars of the electric car. Sales, although they increase, do not do it at the pace they should. Last March the electric car was the preferred purchase option of 6.81% of the Spaniards, compared to 36.33% of them who opted for a hybrid car. The last two months the sales have been conditioned by the absence of an effective MOVES III Plan. At the end of last January the aid program stopped dry. Now, the government has r…

Australian National Review - Car Market Rebounds on Back of Hybrid Sales, EV Growth Stalls

Over 108,000 vehicles were sold in March, but weak EV demand raises doubts about Australia’s clean transport targets. Australia’s car market has roared back to life, with over 108,000 vehicles sold in March, ending an eight-month slump. However, while hybrid sales are surging, electric vehicle (EV) adoption is faltering, casting doubt on the federal government’s ability to meet its ambitious New Vehicle Efficiency Standard (NVES) targets. Data …

Australian EV sales bounce back in March to end quarter on high, despite Tesla struggles

Updated: EV sales see a resurgence as new models make an impact on overall sales, with BYD chasing down Tesla and plug-in hybrid sales jumping sharply in the last month of FBT exemptions. The post Australian EV sales bounce back in March to end quarter on high, despite Tesla struggles appeared first on The Driven.