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The Federal Chamber of Automotive Industries (FCAI) released new car sales data, with sales nationally posting their best September results since 2018:
CEO of FCAI, Tony Webber, also noted a continued rise in EV sales:
“During September 2022, 7,247 battery electric vehicles were sold, more than hybrid and plug-in-hybrid combined (5,141). Year to date, 21,771 battery electric vehicles have been sold. While the overall market share of battery electric vehicles remains low (2.7 per cent), there is a clear market trend towards zero emission technology,” Mr Weber said.
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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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