Lower-cost Chinese brands entered the market, the oil crisis pushed up petrol prices, and now a third of all car sales are EV or hybrid
-
Get our breaking news email, free app or daily news podcast
The era of an electric vehicle as a lifestyle statement in Australia is over – they’re now firmly mainstream.
Analysis of auction figures and data collected by the NRMA shows that most former deterrents – including high upfront prices and weak resale values – have been corrected, paving the way for a surge in sales that’s been accelerated by the oil crisis.