CleanTechnica•about 1 month ago
Australian EV Market Blinks — October Update
Key Takeaway
The temporary dip in Australian EV sales is an OEM-driven fluctuation, not a reversal of the strong underlying trend of EV adoption that will continue to increase electricity demand.
AI Summary
- •Australian plug-in vehicle sales dipped to 12% penetration in October (7.3% BEV, 4.7% PHEV), down from over 15% in prior months.
- •The decline is attributed primarily to the typical early-quarter slowdown in Tesla deliveries, indicating a temporary fluctuation rather than a market reversal.
- •For developers and large loads, this highlights that while EV adoption continues to drive long-term electricity demand growth, monthly demand projections may exhibit volatility tied to OEM delivery schedules.
Topics
oem
Article Content
After achieving an over 15% penetration rate over the last few months, Australian plug-in vehicle sales dipped in October. Battery electric sales achieved 7.3% and PHEVs 4.7%, for a combined plug-in total of 12%. The dip appears to be mainly due to the usual early quarter slowdown in Tesla deliveries. ... [continued] The post Australian EV Market Blinks — October Update appeared first on CleanTechnica .