Tech

New electric car for under $45,000? They finally reach Australia, but the battle isn’t over yet


New electric car for under $45,000?  They finally arrived in Australia—but the war wasn't over yet

New policies are needed to accelerate the transportation transition. Credit: Shutterstock

If you are buying an electric vehicle in Australia at the moment, your options are limited. Out of more than 300 electric vehicle models sold globally, only about 30 available here.

More, waiting list because the car is old and the purchase cost is still higher than many consumers are willing to pay.

Australia can now have a federal government with stronger climate ambitions than in the past. But important new policies are still needed to accelerate the road transport transition.

There is good news, however: Australian motorists were soon promised more options. So let’s take a look at the cars we could drive in the next few years.

Why do the conversion?

Transport is Australian third largest—and fastest growing—source of greenhouse gas emissions. Cars are responsible for the largest share of these emissions.

Most of Australia’s fleet uses polluting fossil fuels. Transition to electric vehicle, along with conversion to recycled energyvery important if Australia responds commit to tackle climate change.

Electric vehicles are also cheaper than traditional vehicles and do not depend on expensive imported fuel.

Despite all the gains, electric vehicle consumption in Australia remains low. They occupy only 3.39% new car sales (or a total of 26,356 vehicles) as of September this year, according to the Electric Vehicle Council of Australia.

That was an increase last year, but still much lower than in other countries. In the UK, for example, 19% of new cars sold are electric.

The ACT bought the most electric vehicles (9.5% new), followed by New South Wales (3.7%), Victoria (3.4%), Queensland (3.3%), Tasmania (3.3). %), Western Australia (2.8%), South Australia (2.3%), and the Northern Territory (0.8%).

What kind of electric car are we buying?

Nearly 40% new battery electric vehicle sales this year are Tesla Model 3 (8,647 sales) and 25% is Tesla Model Y (5,376 sales). Other best-selling models include Hyundai Kona (897 sales), MG ZS EV (858 sales) and pole star 2 (779 sales).

New electric car for under $45,000?  They finally arrived in Australia—but the war wasn't over yet

Credits: The Conversation

Less than 20% of cars sold have a purchase price of less than $65,000.

The Porsche Taycan, one of the most expensive electric cars on the market, is in 11th place with sales of 401 units. Its price word range $156,000 to over $350,000, depending on model type.

Some buyers have yet to receive the cars they purchased. Lack of supply means consumers can wait 11 months for their vehicle.

But despite the frequent delays, consumers continued to place orders. hyundai recently provided 200 electric SUVs Ioniq 5 for sale online; they were grabbed within 15 minutes.

Price is a sticking point

Apparently, some Australians are willing to buy an electric car despite the price. But the purchase cost is still a big concern for others.

in one Recent surveysmore than half of Australians polled prefer electric cars to fossil fuel cars—but 67% said price is the main barrier preventing them from switching.

Only 13% are willing to spend between $45,000 and $54,999 on an electric car.

In another survey around 1,000 Australiansabout 72% said they would budget less than $40,000 for their next car purchase.

But very few battery electric vehicles cost less than $55,000, and many cost more than double that. Others are almost 60% more expensive than their gasoline-powered counterparts.

There are options coming soon

The automakers have promised that a new set of battery-powered electric vehicles will be available in Australia soon.

The two are expected to be one of cheapest new battery electric car is here: the Atto 3 updated by car manufacturers BYD and MG Compact SUV ZS.

New electric car for under $45,000?  They finally arrived in Australia—but the war wasn't over yet

Credits: The Conversation

Both will be available for under $50,000 including on-road costs. Model MG is cheaper price out of two, at $44,990 for the Excite variant.

Other Models is expected to come inside next two years include the SUV Aiway U5, fiat500e, other soul, Peugeot e-2008, Skoda Enyaq, Toyota bZ4x and Volkswagen ID line.

Chinese people LDV . electric guitar already on sale in New Zealand and could be on Australian roads later this year. However, it remains to be seen if trams and trucks will be well received by Australian traders.

What policy settings are needed?

Obviously, Australia needs more affordable price mid-range and low-range electric vehicles. But one important policy setting stands in our way: the lack of mandatory fuel economy standards for road vehicles.

Australia is the only country in the OECD that does not have such a policy. These standards help drive demand for low-emissions vehicles—so electric vehicle manufacturers often prefer to sell those markets.

Car importers also tend to promote high end models first because they have higher profit margins.

Meanwhile globally, competition among manufacturers of cheaper battery electric vehicles is expected to intensify. Multinational car manufacturers in China has been prepared. Their new product line has been sold in the international market.

Heavy trucks is also ripe for electrification, and evolution rapidly in recent years. Widespread deployment in Australia will accelerate emissions cuts and improve air quality.

The way forward

Electric vehicles are not a total solution to cutting traffic emissions. We also need strategies to change commuting behaviour, reduce the number of cars on the road, and improve walkability and public transport accessibility.

But trams are an important piece of the puzzle. To improve their absorption in Australia, policymakers can draw from a range of effective electric vehicle policy which may be adapted from other countries. These include investing in charging stations and providing financial incentives to buy and run electric cars.

Aussies want to drive electric and governments must respond Not a wide range of affordable prices tramAustralia’s dependence on fossil fuel will deepen and it will become more difficult to meet our emissions reduction targets.

Provided by
Conversation


This post was reposted from Conversation under a Creative Commons license. Read original article.Conversation

quote: New electric car for under $45,000? They finally arrive in Australia, but the battle is not over yet (2022, November 18) retrieved November 18, 2022 from https://techxplore.com/news/2022-11-electric-cars- theyre-australia-isnt. html

This document is the subject for the collection of authors. Other than any fair dealing for private learning or research purposes, no part may be reproduced without written permission. The content provided is for informational purposes only.

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button