Electric buzz powers up Aussie car market

Electric buzz powers up Aussie car market

Australia’s automotive business has posted its finest February end in 4 years, buoyed by the rising demand for electrical and low-emission automobiles.

The Federal Chamber of Automotive Industries says 86,878 automobiles had been delivered final month, a 1.8 per cent enchancment on the identical month final yr and one of the best February efficiency since 2019.

Sales of battery electrical automobiles climbed to 5932, or 6.8 per cent of complete demand, in comparison with simply 600 in the identical month of 2022.

“Growing sales of electric vehicles proves that where a battery electric product exists which suits the driving habits, needs and finances of Australian motorists, they will purchase these vehicles,” FCAI Chief Executive Tony Weber stated.

The wider demand for low-emission automobiles, together with battery electrical, hybrid and plug-in hybrid fashions, accounted for 12,102 gross sales, or 13.9 per cent of the market, up from 9048 in February final yr.

“The number of low-emission vehicle sales demonstrates that there is an appetite among Australians for environmentally friendly vehicles,” Mr Weber stated.

“However, if we wish to accelerate this transition to a broader range of consumers in all parts of the country, Australia needs to adopt a fuel efficiency standard.”

Toyota led the market in February promoting 14,332 automobiles forward of Mazda with 7667, Ford with 6022, Kia with 6000 and Hyundai on 5504.

The Ford Ranger was the top-selling mannequin with 4473 models forward of Toyota’s Hi-Lux on 3939 and Tesla’s Model 3 on 2671.

The sturdy February consequence for the business took demand to date this yr to 171,751, a 6.5 per cent enchancment on the identical interval final yr.

Source: www.perthnow.com.au