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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Competitive Landscape
Market players are focusing on the development of new products and innovations, which will help them expand their product portfolio and attract a large number of consumers across the country.
- Tesla Motors Australia Pty Ltd.
- Hyundai Motor Company Australia Pty Ltd.
- BMW Australia Ltd.
- TATA Motors Australia (Jaguar Land Rover Ltd.)
- Volkswagen Group Australia Pty Ltd.
- Others
Australia Electric Car Market Report Snapshots
Australia Electric Car Market Size
Australia Electric Car Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 18.3% between 2024 and 2032.
The market is categorised according to its type, which includes battery electric vehicle, plug-in hybrid electric vehicle, and fuel cell electric vehicle.
The key market players are Tesla Motors Australia Pty Ltd., Hyundai Motor Company Australia Pty Ltd., BMW Australia Ltd., TATA Motors Australia (Jaguar Land Rover Ltd.), Volkswagen Group Australia Pty Ltd., and others.
The market is driven by factors that include rising government initiatives, increasing investments in charging infrastructure expansion and growing environmental concerns, among others.
The market is categorised according to its drive type, which includes front wheel drive, rear wheel drive, and all-wheel drive.
Presently, electric vehicles account for merely 3.8% of new car sales in Australia, a stark contrast to Norway's impressive figure of 88%. However, there are signs of progress underway.
By the conclusion of June 2023, Australia had witnessed the sale of 46,624 electric vehicles (EVs), marking a staggering 269% surge compared to the corresponding period in 2022. With this surge, EVs now constitute 8.4% of the total new car sales in Australia.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124