EV Sales – With the latest new car sales results there has been an Interesting development. That is in April EV sales surged. The months sales were about 16% of the total.

For the YTD EV sales are around 13% of sales. I still believe that at year end they will be 9-10%
This surge is driven by three factors.
- Higher petrol pricing simply because successive Australian governments have failed to secure adequate supplies of local refined fuel.
- Continued government incentives for EV purchases with the electric car discount
- The ridiculous NVES legislation starting to penalise and affect manufacturers.
All three of these factors show extremely poor government policy, that ultimately you and I, the taxpayers will pay for.
Currently there are around 110 EV models available for sale. With more brands and models joining almost every month.
The problem with increased EV sales is everything that revolves around that.
Yes, EV have zero localised driving emissions. However, to produce them they are worse that normal vehicles.
Also increased EVs mean more charging infrastructure is needed, and Australia is lagging in that respect. Our vast distances will always be a problem. Inner city is a different issue.
On top of that charging cars consumes electricity at a rate that is frightening.
Given the increasing reliance of wind and solar power, Australia is incapable of meeting that demand.
As usual successive governments have proven to be short sighted in their policy making and again we the taxpayer will be affected.
This is a Motoring Minute
Im Rob Fraser
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