March 2026

Soaring petrol prices are driving a surge in Australian EV interest, with EV loans doubling and Westpac research confirming renewed consumer appetite for electric cars. The EU–Australia free trade deal promises cheaper EVs and broader economic opportunity, while debate intensifies over Labor's plan to phase out popular EV tax incentives — even as the Nissan Leaf picks up a global women's car award and Volvo's boss predicts EVs will undercut petrol cars by 2030. Internationally, EVs have outsold petrol cars in the EU for the first time ever, and electrifying freight between Sydney and Melbourne is highlighted as a compelling economic no-brainer.

Previous month

February 2026

Australia's electric vehicle market enters 2026 on a strong trajectory, with fresh sales records and projections of a sixfold increase by 2030 anchoring an optimistic outlook for adoption. Government incentives continue to shape consumer behavior — notably an electric car discount that has pushed over 100,000 EVs onto roads — while leasing is emerging as an accessible pathway for cost-conscious buyers navigating ongoing cost-of-living pressures. Industry voices are urging retention of those incentives even as policy debates continue, and safety milestones are celebrated with electrified models earning five-star ANCAP ratings. On the global stage, Volkswagen reaching five million electric-drive units and Tesla moving to a subscription model for Full Self-Driving in Australia signal maturing market dynamics, with a note of caution from research highlighting cybersecurity vulnerabilities in autonomous vehicles.

See News