An entirely electric With gasoline costs expected to rise once again, Tesla is now one of the most popular automobiles in Australia, outselling the highly coveted Toyota LandCruiser.
With 2,380 orders, the Model 3 sedan, which has a starting price of $63,900, came in fourth place on the Federal Chamber of Automotive Industries’ sales list for August.
In terms of monthly market share, sales of electric vehicles have reached a record high, and with the excise tax on gasoline and diesel expected to double by the end of September, fuel prices may once again rise above $2 per litre.
The new LandCruiser, which only managed 2,379 sales last month, was outsold by the Tesla Model 3, and customers are currently forced to wait up to two years for the most recent 300 Series model with a twin-turbo V6.
August’s top-selling vehicles in Australia
The TOYOTA HILUX sold 6,214 units.
4.497 sales of the Ford Ranger
3. Toyota RAV4 sales, 2,482
4. 2,380 sales of the Tesla Model 3.
6. LANDCRUISER, TOYOTA: 2,379 sales
6. Sales of 2,325 MAZDA CX-5
2.115 sales for the Toyota Corola
2.087 sales for the MITSUBISHI TRITON
9. HYUNDAI I30 sales: 1,975
10. ISUZU UTE D-MAX sales reached 1,928
Information from the Federal Chamber of Automotive Industries
The Toyota Corolla, Australia’s most popular vehicle in 2013, 2014, and 2015, and the popular Mazda CX-5 SUV (2,325 sales each), were outsold by the Tesla.
Additionally, it outperformed well-known utes like the Mitsubishi Triton (2,087 sales) and Isuzu D-Max (1,928 sales).
Elon Musk’s Tesla brand sold 3,397 electric vehicles in August, including the Model 3, Model S, and Model X, for a record-breaking market share of 4.4%.
State governments provide incentives and stamp tax exemptions to attract customers into zero- or low-emission vehicles, and one in every ten new automobiles sold in Australia is currently either entirely electric or a hybrid.
For EVs up to $68,750 in value, the NSW government gives $3,000 in stamp duty refunds, making the entry-level Tesla Model 3 an alluring option.
EVs had a 2% market share across all brands from January to August, with the $46,990 MG ZS EV being the least expensive all-electric vehicle in Australia.
After imposing $A4,000 fines for people who purchased petrol or diesel vehicles in April, New Zealand’s market share for EVs increased to 9% this year from 3% last year.
Tesla started giving the Federal Chamber of Automotive Industries quarterly sales statistics in March, but since then has only provided the organisation with monthly data.
The new LandCruiser, which managed 2,379 sales last month but has buyers waiting up to two years for the most recent 300 Series model (pictured) with a twin-turbo V6, was outsold by the fully electric Tesla.
The Toyota HiLux, Australia’s annual No. 1 since 2016, managed 6,214 sales, compared to 4,497 sales for the first all-new Ford Ranger in a decade. Utes, which are mostly available with diesel engines, continued to be the top sellers in August.
With 2,482 sales, the petrol-electric hybrid Toyota RAV4 came in third.
Tony Weber, president of the Federal Chamber of Automotive Industries, noted that August’s overall sales figures were the highest since August 2017, which was a sign that supply problems related to a shortage of computer chips and Covid regulations were easing.
This provides optimism that the flow of cars into the Australian market is starting to improve, he added.
Automobile sales in August were 17.3% higher than they were in the same month in 2021.
With the sale of 95,256 automobiles in December, 717,575 vehicles have been sold this year.
375,036 SUVs, or 52% of them, were sold from January to August, making up the majority.
This took place prior to the gasoline tax increasing again to 44.2 cents per litre on September 28. Josh Frydenberg, the previous treasurer of the Liberal Party, had instituted the six-month reduction to 22.1 cents per litre in the March budget.
As the overall national debt approaches $1 trillion, both Labor Prime Minister Anthony Albanese and his Treasurer Jim Chalmers have ruled out extending the excise tax cut.
We must base our judgments on what we can afford, and the Liberal Party is one trillion dollars in debt, Mr. Albanese said on ABC Radio on Monday.
Last month, new fuel economy criteria were hinted at by Ministers of Climate Change and Energy Chris Bowen and Transport Catherine King as part of a National Electric Vehicle Strategy.
By 2025, 75% of the Commonwealth government’s fleet of cars will be subject to a low emissions goal under Labor’s proposal, and this percentage would include both new and leased vehicles.
Along with a nationwide network of hydrogen highway refuelling stations, the ministers also vowed to install electric car charging stations on key highways at an average spacing of every 150 kilometres.