The Growing Market for Electric and Hybrid Vehicles in Australia
The automotive landscape in Australia is witnessing a significant transformation with the growing adoption of electric vehicles (EVs) and hybrid models. This shift is driven by increasing environmental awareness, government incentives, and advances in technology. Market Growth and Consumer Trends In 2025, electric and hybrid vehicles continue to gain traction across Australia. Sales of battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs), and hybrids are steadily increasing, making up a notable percentage of new car purchases. For example, hybrids account for approximately 16.5% of the market, with PHEVs representing 4.1%, while BEVs have recorded their highest market share yet at around 9.7%. This growth is supported by a forecasted compound annual growth rate (CAGR) of 17.6% through to 2034, reflecting a robust upward trajectory for electrified vehicles in Australia. Why Australian Drivers are Switching to EVs and Hybrids Electric and hybrid vehicles o...