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Battery EV sales slump as cautious buyers opt for hybrids

Simon Evans
Simon EvansSenior reporter

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Sales of full-battery electric vehicles in Australia are slowing in line with global trends as many buyers opt for hybrid vehicles instead.

Question marks about the future values of EVs in the second-hand market, a sluggish rollout of public charging infrastructure and the relatively high cost of EVs in a cost-of-living crisis have contributed to the slowdown.

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Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com

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    Original URL: https://www.afr.com/companies/transport/battery-ev-sales-slump-as-cautious-buyers-opt-for-hybrids-20240805-p5jzjw