Battery electric vehicles accounted for a record 7.4 per cent of total new vehicle sales in Australia over the first half of 2023, with a tick over 43,000 EVs delivered into customer hands.

At this point last year the EV market share was just 1.8 per cent – meaning a four-fold increase in share over just 12 months.

The pace of adoption is speeding up with each quarter too. EV sales over the second quarter of the calendar year (25,752 units) were 48 per cent higher than over the first quarter (17,399).

This means the market share for EVs over Q2 was actually 8.2 per cent, compared with 6.5 per cent over Q1.

There are now 45 electric passenger cars, SUVs and light commercials on sale that have found at least one customer this year, sold under 24 different car brands.

EV sales and share by region over H1 of 2023:

RegionEV salesTotal salesEV market share
ACT1815905420.0%
NSW14,164177,8898.0%
NT10651072.1%
Queensland8683127,9606.8%
SA210637,6765.6%
Tasmania7589,4358.0%
Victoria11,514153,7147.5%
WA400560,9246.6%
TOTAL43,151581,7597.4%

Some insights from H1 of 2023:

  • Around 60 per cent of all EVs sold over the first half of the year were made by Tesla, reflecting its ongoing dominance.
  • The Tesla Model Y is the overall top-selling SUV regardless of fuel type, and the Model 3 is the overall top-selling passenger vehicle regardless of fuel type.
  • The top seven EVs are all sourced from China: Tesla Model Y and Model 3, BYD Atto 3, MG ZS EV, Volvo XC40 , Polestar 2, and Volvo C40.
  • 86.9 per cent of all EVs sold came from China: 37,441 out of 43,092 units total.
  • The ACT has EV market share of 20 per cent, making it a massive outlier. Much of this down to government fleet adoption.
  • Despite being the most expensive place in Australia to buy and run an EV, Victoria’s share in line with overall market average.
  • The brand with the widest EV range is Mercedes-Benz with seven electric models, yet its EV market share was just 2.7 per cent – in line with its overall market share.
  • EV share of passenger vehicles is an impressive 14.1 per cent, with 14,641 sales out of 103,927 being pure electric. Passenger vehicles are sedans, hatchbacks, coupes, convertibles and people-movers.
  • EV share of the SUV market was 8.8 per cent (28,628 sales out of 322,213).
  • The area with major room for improvement is the diesel-dominated light commercial segment (utes and vans), with a minuscule 0.06 per cent being an EV (78 sales out of 129,025).
  • EV sales (43,151) have actually finished H1 higher than sales of hybrids (38,313), but it’s important to caveat that Toyota, which dominates, is severely supply-constrained.
  • PHEVs are nowhere, with just 3532 sales, up 20 per cent this year but from a low base.

Some things to watch in H2 of 2023:

  • The result for H1 was recorded before Tesla slashed its prices last weekend by $3900, thereby making the Model Y eligible for various $3000-$6000 state rebates.
  • Likewise, it doesn’t factor in the lower-end EV price war happening between Chinese brands right now, with the BYD Dolphin, MG 4 and GWM Ora all newly available under $40,000.
  • These factors, as well as ongoing improvements to the global logistics chain, should see EV sales continue to grow into Q3 and Q4.

EV share by brand over H1 of 2023:

BrandSalesShare of sales that are EV
Tesla25,577100.0%
BYD6196100.0%
Polestar1147100.0%
Volvo228136.3%
Genesis18020.7%
Mini26612.5%
Cupra17411.0%
BMW11559.2%
Jaguar208.4%
Mercedes-Benz11477.6%
Porsche2467.6%
MG17876.7%
Hyundai11843.1%
Audi2732.9%
Kia9692.5%
Nissan2571.5%
Lexus991.4%
LDV600.5%
GWM650.40%
Peugeot50.4%
Renault110.2%
Fiat10.1%
Ford250.1%
Mazda30.0%

EV sales by model over H1 of 2023:

MODELSALES
Tesla Model Y14,002
Tesla Model 311,575
BYD Atto 36196
MG ZS1787
Volvo XC40 Recharge1596
Polestar 21147
Volvo C40685
Kia EV6535
BMW iX517
Hyundai Ioniq 5448
Hyundai Kona436
Kia Niro434
Mercedes-Benz EQA393
BMW iX3328
Mercedes-Benz EQB307
Hyundai Ioniq 6300
Mini Hatch266
Nissan Leaf257
Mercedes-Benz EQE246
Porsche Taycan246
Audi e-tron GT199
BMW iX1184
Cupra Born174
Mercedes-Benz EQC154
Genesis GV60119
BMW i496
Audi e-tron74
Lexus RZ70
GWM Ora65
Genesis GV7056
LDV eT6041
BMW i730
Lexus UX300e29
Mercedes-Benz eVito28
Ford E-Transit25
Jaguar I-Pace20
Mercedes-Benz EQS14
LDV eDeliver 911
Renault Kangoo Z.E11
LDV MIFA 98
Genesis G805
Mercedes-Benz EQV5
Peugeot e-Partner5
Mazda MX-303
Fiat 500e1
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Mike Costello
Mike Costello is a Senior Contributor at CarExpert.
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