For EV buyers, electric and hybrid car choices are increasing every year, but the price remains a significant obstacle to uptake. However, with the recent introduction of affordable EVs, sales of electric cars are gaining momentum in Australia. While the country battled to get the coronavirus pandemic under control, so far, in 2020, the demand was up by 14 percent in the EV market.
* The news that three Australian states – Victoria, South Australia, and New South Wales – would consider an “EV tax” has stirred up huge controversy across relevant sectors. According to a study by the University of Queensland into the effect of taxing electric vehicles, without introducing incentives to buy them, EV sales will witness a 25 percent dip in new EVs out to 250. While proposed road user taxes for EV contradicts the government’s plans to reduce carbon emissions, the EV demand scenario is to be closely monitored over the mid-to long term.