EV sales would collapse without subsidies
Advertisement
The Australian Automobile Association has published the Electric Vehicle Index for Q1 2025.
The data paints a picture of an industry struggling to gain a foothold, despite generous subsidies and incentives from the federal government (read taxpayers).
In Q1 2025, only 17,914 battery electric vehicles (BEVs) were sold in Australia, down 29.9% from 25,552 in Q1 2024.
The full text of this article is available to MacroBusiness subscribers
Cancel at any time through our billing provider, Stripe
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.