Australia's EV Evolution: A Growing Market
Australia's electric vehicle market has come a long way in recent years. Early adoption was slower than in other regions due to concerns about range, cost, and charging infrastructure. However, recent developments are reshaping the landscape, and the market is now on an upward trajectory.
Australia's EV Journey: Key Milestones
Australia's electric vehicle (EV) market is experiencing rapid growth, with significant progress in recent years. Here are some key milestones:
Record Sales: In 2024, Australia achieved a record-breaking 114,000 new EV sales, demonstrating increasing confidence in electric mobility. (Source: Electric Vehicle Council, 2024) The market reached a volume of 230,970 units in 2024. (Source: EMR Claight report)
Expanding Model Range: Over 122 EV models are currently available, catering to diverse needs.By 2025, over 50 new models are expected to enter the market, offering evengreater choice. (Source: Electric Vehicle Council, 2024 & EMR Claightreport)
Charging Infrastructure Growth: Australia now has over 1,000 fast andultra-fast charging locations, making it easier for drivers to stay charged onthe go. (Source: Electric Vehicle Council, 2024)
Market Share: By April 2024, EVs accounted for 9.4% of all new vehicle sales.(Source: Industry reports)
EV Fleet Size: Australia's EV fleet surpassed 100,000 registered EVs in 2024. (Source:Australian Bureau of Statistics)
Future Projections: EV sales are forecasted to reach 30% of total vehicle sales by 2030.(Source: Electric Vehicle Council, 2024) The Victorian market is projected togrow at a compound annual growth rate (CAGR) of 20.4% from 2024 to 2032.(Source: Industry reports)
EV Uptake Trends - Australian EV Uptake Tracker 2011-2025
Source: vFacts, EVC, The Driven, carloop
EV Adoption Trends in Australia's Key States
As you consider the switch to an electric vehicle, it's inspiring to see how quickly EV adoption is growing across Australia. Let's take a look at the exciting progress and examine the trends in Australia's most populous states: New South Wales and Victoria.
New South Wales: A Pioneer in EV Uptake
New South Wales has consistently been at the forefront of EV adoption in Australia. Carloop's data highlights a remarkable upward trend in EV registrations, starting with a steady increase from 2017 and gaining significant momentum from 2022 onwards. This sustained growth underscores the state's commitment to sustainable transportation and its proactive approach to supporting EV infrastructure and incentives.
EV Uptake Trends - NSW EV Uptakes and Growth | 2017-2025
Source: TfNSW, carloop
Victoria: Accelerating Towards an Electric Future
Victoria is rapidly catching up in the EV race, demonstrating a strong commitment to electric mobility. Carloop's data for Victoria reveals a similar pattern of accelerated growth, with EV registrations surging from 2022 onwards. This indicates a growing awareness and acceptance of EVs among Victorian drivers, supported by expanding charging infrastructure and favourable government policies.
EV Uptake Trends - VIC EV Uptake and Growth | 2020-2025
Source: DoT, carloop
Australia's Favourite Electric Vehicles: A Snapshot
Curious about which electric vehicles are turning heads in Australia? Here's a look at the most popular EV models sold in 2024, based on data from vFacts, EVC, and Carloop:
EV Sales 2024 - Highest Selling EV Models in Australia
Source: vFacts, EVC, carloop
Key Findings in EV Sales for 2024:
Tesla's Dominance: Tesla leads the pack with the Model Y and Model 3 topping the salescharts.
Growing Diversity: The list showcases a wide range of popular EVs from variousmanufacturers, including MG, BYD, BMW, Volvo, and more, indicating a diverseand competitive market. Especially as more Chinese brands hit the Australianmarket in 2024 and beyond.
Rising Popularity of SUVs: The Tesla Model Y, along with several other models on the list,highlights the increasing popularity of electric SUVs in Australia.
Affordable Options: Models like the MG MG4 and BYD Atto 3 demonstrate the growingavailability of more affordable electric vehicle options.
The Rise of EVs in the Business World
For businesses looking to enhance sustainability, reduce operational costs, and attract environmentally conscious customers and employees, electric vehicles (EVs) present a compelling solution. Let's delve into how EVs are transforming business fleets across Australia.
Fleet Electrification: A Growing Trend in Australia
EV Uptake Trends - Australian EV Uptakes Tracker 2011-2025
Source: vFacts. EVC, The Driven, carloop
Key EV Insights for Businesses:
Growing National Uptake: As illustrated by Carloop's data, the cumulative EV uptake in Australia has seen exponential growth,reaching 255,721 vehicles in 2025. This surge signifies a broadersocietal shift towards electric mobility, creating a favourable environment forbusinesses to transition their fleets.
Significant Annual Sales Increase: The yellow line on the graph highlights thedramatic rise in annual EV sales, indicating a strong and rapidly expandingmarket. This growth translates to a wider range of EV models and charginginfrastructure, making it easier for businesses to integrate EVs into theiroperations.
Tesla's Influence: The red line representing Tesla's uptake emphasizes the availability ofhigh-performance and reliable EVs, catering to various business needs.
65% Growth Highlighted: The large 65% growth shows how fast the EV market is growing and howfast businesses can take advantage of the benefits.
Benefits of Electrified Fleets
Lower Operating Costs
EVs can reduce fuel costs by up to 75%compared to traditional petrol or diesel vehicles. Maintenance costs are alsolower, with EVs requiring fewer parts (e.g., no oil changes, fewer brakereplacements), resulting in savings of approximately 30% per year. (Source:Australian Government, Department of Industry, Science, Energy and Resources)
Improved Corporate Image
72% of Australian consumers prefer to buy from companies that are environmentally responsible, and 63% of millennials are willing to pay more for products from sustainable brands. By adopting EVs, businesses signal their commitment to sustainability, boosting brand loyalty and reputation. (Source: Nielsen, 2019 Global Sustainability Report)
Boosted Employee Satisfaction
60% of Australian employees consider a company’s environmental sustainability efforts when choosing an employer. Offering EVs or charging facilities can improve employee engagement, attract top talent, and reduce employee turnover. (Source: EY 2021 Workforce Sustainability Report)
Access to Government Incentives
The Australian government offers grants and rebates for businesses transitioning to EVs. For example, the Federal Government provides up to $7,000 in rebates for eligible EVs, while state incentives can cover up to 50% of the cost of purchasing or leasing an EV. (Source: Australian Government, Clean Energy Council)
Future-Proofing
With the Australian Government aiming for net-zero emissions by 2050, industries that transition to EVs now are better positioned to comply with future environmental regulations. Early adoption also aligns with the growing demand for eco-friendly transportation, with EV sales expected to make up 30% of all car sales in Australia by 2030. (Source: Australian Electric Vehicle Association, 2023)
Future Drive Australia: Your Partner in Fleet Electrification
Future Drive Australia offers tailored solutions for businesses electrifying their fleets. We provide expert guidance on selecting EVs, installing charging infrastructure, and maximising the benefits of electric mobility. Our events and expos, attended by over 100,000 people annually, showcase the latest EV models and technology. Network with industry experts and explore charging solutions for your business. Partner with us to drive your business towards a sustainable future.
Charging Costs and Infrastructure for Electric Vehicles
As Australia’s EV market grows, understanding charging options is key to a smooth transition. Whether charging at home, on the road, or using renewable energy, EV owners have multiple options to suit their needs.
The cost of charging an EV depends on where and when you charge it. The cheapest option is home charging, especially when using solar power or off-peak electricity rates. This can provide savings of up to 90% compared to petrol or diesel, with an effective cost of under $0.20 per litre equivalent but generally EVs save 20% of the cost of petrol (Electric Vehicle Council, 2024).
Home Charging
Uses a standard power outlet or a dedicated wall charger that must be installed for an additional fee.
Costs around $15-$20 to fully charge a 60kWh (average size) battery
Cheapest option, especially with off-peak electricity
Public Charging
Available at shopping centres, highways, and public stations
Fast charging (50kW): ~58c/kWh
Ultra-rapid charging (350kW): ~73c/kWh
More expensive than home charging but still cheaper than petrol
Switching to an EV can lead to significant fuel cost savings, especially with smart home charging strategies. However, public charging costs can vary widely depending on charging speed and provider.
EV Charging Trends
One of the key factors driving the electric vehicle revolution is the rapid growth of charging infrastructure across Australia. Let's take a closer look at how the increasing availability of fast charging options is making the switch to electric easier than ever.
EV Charging Trends - Australian EV Fast Charger Tracker 2025
Source: carloop
Key Insights into Charging Infrastructure
Exponential Growth in Fast Charger Sites: As depicted in the Carloop chart, Australia has witnessed a dramatic increase in the number offast charger sites. This expansion directly addresses concerns about rangeanxiety and makes long-distance EV travel more feasible.
Significant Increase in Charger Bays: The data also highlights the substantialgrowth in the total number of charger bays available. This means more chargingoptions for EV drivers, reducing wait times and improving overall convenience.
Tesla's Contribution: The yellow line on the graph illustrates Tesla's contribution to thefast charging network, showcasing the company's commitment to building a robustcharging ecosystem.
1,198 Fast Charger Sites & 2,939 Charger Bays: These numbers show thehuge growth of infrastructure and make EV ownership so much more viable.
Making the Switch Easier
Increased Accessibility: The growing number of fast charging stations along major highways andin urban areas makes EVs a practical option for both daily commutes and longjourneys.
Reduced Charging Times: Fast chargers significantly reduce charging times, allowing EV driversto quickly replenish their batteries and get back on the road.
Improved Convenience: The expanding network of charger bays ensures that EV drivers have morecharging options available, reducing the risk of encountering long wait times.
Home Charging Solutions: In addition to public charging infrastructure, the availability ofaffordable and easy-to-install home charging solutions provides EV owners withthe convenience of overnight charging.
Future Drive Australia: Your Guide to Charging Solutions
Future Drive Australia provides comprehensive information and resources on EV charging infrastructure. We can help you understand your charging options and find stations near you. Plus, our events and expos attract over 100,000 visitors a year, showcasing the biggest selection of EVs and hybrids in Australia. Learn about charging, compare models, and get expert advice, all under one roof. Join us in embracing the future of electric mobility.
The Government’s Net-Zero Plans: Australia's EV Future
The Australian Government is committed to achieving net-zero emissions by 2050, and electric vehicles (EVs) are a key part of this plan. Here's a look at the government's commitment and how it supports the transition to EVs:
Net-Zero Timeline
2030 Target: Reduce greenhouse gas emissions by 43% below 2005 levels.
2050 Target: Achieve net-zero emissions.
Supporting EV Adoption
Incentives: Rebates, tax breaks, and reduced registration fees make EVs more affordable.
Infrastructure: Investments in expanding the national EV charging network ensure convenient charging.
Innovation: Supporting research and development in EV technology fosters advancements and economic growth.
By choosing an EV, you're not only opting for a cleaner mode of transport but also supporting Australia's net-zero goals. Future Drive Australia provides the resources and information you need to make the switch. Together, we can drive towards a more sustainable future for Australia.
Looking Ahead: The Future of EVs in Australia
As Australia's EV market continues to evolve, the future looks bright for both consumers and businesses. The ongoing expansion of charging infrastructure, improvements in vehicle technology, and growing government support will further accelerate the adoption of electric vehicles. With the environmental, economic, and social benefits of EVs, there has never been a better time to make the switch to electric driving.
Attend Future Drive Events to Learn More About EVs
The Largest EV Showcases in Australia
Our events and expos, with over 100,000attendees annually, showcase the widest range of EV and hybrid modelsavailable. Compare your options side-by-side, see them in action, and evenexperience them firsthand with our free test drives.
Comprehensive EV Showcase
Explore the widest range of EVs and hybrids available in Australia, all in one place. See them up close, compare models, and take your favourite for a free test drive.
Educational Resources
Access in-depth information, guides, and expert advice on all aspects of EVs, from understanding the different types to learning about charging options.
Charging Infrastructure Insights
Discover the latest advancements in charging infrastructure, including home charging solutions, public charging networks, and innovative technologies.
Expert Presentations and Workshops:
Gain valuable knowledge from industry leaders on topics such as battery technology, EV maintenance, and the benefits of EVs for consumers and businesses.
