Australian electric vehicle market study

Electric and plug in hybrid vehicles in Australia are set to boom over the next two decades. This report, prepared by Energeia, forecast three potential scenarios. Under all scenarios, including under a scenario of no intervention, the report predicts that between 2020 and 2027, EVs will reach price parity with traditional combustion engines and then rapidly increase as a percentage of new vehicle sales. Model availability, registration fee reductions, procurement targets and fuel efficiency standards have been found to be key drivers for the uptake. The availability of charging infrastructure, while not found to be a driver, is a barrier to EV uptake. The report forecasts growth of the consumer market and uptake for EVs in Australia and also includes modelling on the need for future charging infrastructure. Energeia’s market study has identified that the vast majority of trips made in Australia are well within the range of current and future EVs, with investment in public charging infrastructure being a necessary prerequisite to EV uptake globally. EV sales are set to expand over the next five years as more popular vehicle models are released.

Language

  • English

Media Info

  • Pagination: 101p

Subject/Index Terms

Filing Info

  • Accession Number: 01676135
  • Record Type: Publication
  • Source Agency: ARRB
  • Files: ATRI
  • Created Date: Jul 26 2018 10:34AM