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EV sales more than double as Tesla, BYD and Geely help electric cars outsell petrol again in September

Compiled by ADME Newsroom from 1 source

First reported by EV Central · 8 October at 4:00 pm

Who's covering this — 1 article

EV specialists: 1

Image: EV Central

The quick read

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EV CentralEV specialists8 October at 4:00 pm

EV sales more than double as Tesla, BYD and Geely help electric cars outsell petrol again in September

Battery electric vehicles have outsold petrol-powered vehicles in Australia for a second consecutive month, with September deliveries more than doubling The post EV sales more than double as Tesla,…

Read at EV Central →

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← Newsroom/EVs & hybridsChinese brandsSales & market

EV sales more than double as Tesla, BYD and Geely help electric cars outsell petrol again in September

Compiled by ADME Newsroom from 1 source

First reported by EV Central · 8 October at 4:00 pm

Who's covering this — 1 article

EV specialists: 1

Image: EV Central

The quick read

Battery electric vehicles have outsold petrol-powered vehicles in Australia for a second consecutive month.
September deliveries of electric vehicles more than doubled, driven by brands such as Tesla, BYD, and Geely.
Chinese brands are gaining traction in the Australian market, with BYD and Geely contributing to the growth in electric vehicle sales.
The shift to electric vehicles has significant implications for dealers' stock and ordering strategies.

For dealers: Australian dealers must adapt quickly to the rapid shift in consumer demand towards electric vehicles to remain competitive and avoid significant losses.

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The fact that battery electric vehicles have outsold petrol-powered vehicles in Australia for a second consecutive month is a clear indication that consumer preferences are shifting rapidly, with Tesla, BYD, and Geely leading the charge.

This shift in consumer demand has significant implications for Australian dealers, who must now consider the impact on their stock and ordering strategies, particularly in relation to petrol-powered vehicles.

What it means for the order bank

Dealers who fail to adapt to this new reality risk being left with outdated stock, which could lead to significant losses, as consumers increasingly opt for electric vehicles over petrol-powered ones.

The success of Chinese brands such as BYD and Geely in the Australian market is also noteworthy, as it suggests that consumers are becoming more open to non-traditional brands, which could further disrupt the market.

Competitor response and pricing

In response to this shift, dealers may need to reassess their pricing strategies, particularly in relation to electric vehicles, to remain competitive in a market where consumers are increasingly expecting affordable and environmentally friendly options.

The fact that September deliveries of electric vehicles more than doubled suggests that consumers are responding positively to the growing range of electric vehicle options available in the market.

Taking action

One decisive action a dealer could take this week is to review their current stock and ordering strategies, and consider increasing their allocation of electric vehicles to meet growing consumer demand.

Go deeper — ADME analysis