Sales of new cars VFACTS: the energies of the future
As we approach 2022, we will begin to illustrate the distribution of sales of traditional and future energy sources in overall new car sales.
About 200 percent. This is the growth in sales of fully electric and plug-in hybrid electric vehicles (PHEV) in Australia over the past 12 months.
That said, the electric revolution is starting at a low level and even with this impressive growth, sales of fully electric vehicles and PHEVs combined represent only 1.3% of all new vehicle sales.
Things are changing though, as we look to 2022 our monthly VFACTS coverage will include a detailed report on sales by ‘food source’.
As you will notice in the charts below, the number of hybrids leaving showrooms varies considerably from month to month. This is entirely due to supply and is as good an indicator as any for understanding when vehicle inventory and delivery levels are returning to a somewhat “normal” level.
In terms of the cars people buy, the charge is led by SUV sales. The separation between EV and PHEV is narrow here, with around nine all-electric SUVs sold at eight plug-ins.
The passenger car split is much larger, with EV models outselling PHEV sales by a factor of about four to one. Given that the only choices for buyers are the plug-in versions of the Mercedes-Benz C-Class and the BMW 3 and 5 Series, that shouldn’t come as much of a shock.
We will continue to improve these reports as market supply evolves and provide you with more details on what our future energy needs might look like as we see the electricity market grow even more.