EVs reach major milestone – meaning climate goals might not be a bridge too far
Electric vehicles (EVs) have reached a significant milestone, accounting for nearly half of all new vehicle sales in May. This development suggests that Australia's 2035 climate goals may be more achievable than previously thought. The increase in EV sales is partly driven by rising fuel costs due to the ongoing Iran war, prompting a shift away from petrol and diesel vehicles.
- ▪In May, electric vehicles made up 21% of all car sales, while plug-in hybrids accounted for 9%.
- ▪The overall figure for electrified vehicle sales reached 48% when including conventional hybrids.
- ▪The Climate Change Authority had previously stated that 50% of all vehicle sales must be electric for Australia to meet its climate targets.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.