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EVs outsell petrol and diesel cars in Australia | The Driven Podcast

Compiled by ADME Newsroom from 1 source

First reported by The Driven · 8 September at 5:01 pm

Who's covering this — 1 article

EV specialists: 1

Image: The Driven

The quick read

Full coverage

The DrivenEV specialists8 September at 5:01 pm

EVs outsell petrol and diesel cars in Australia | The Driven Podcast

Watch the latest episode of The Driven Podcast, as EVs account for 24.9 per cent of new vehicle sales in August and outsell petrol-only and diesel vehicles individually. Plus, news of the week. The…

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← Newsroom/EVs & hybridsSales & market

EVs outsell petrol and diesel cars in Australia | The Driven Podcast

Compiled by ADME Newsroom from 1 source

First reported by The Driven · 8 September at 5:01 pm

Who's covering this — 1 article

EV specialists: 1

Image: The Driven

The quick read

EVs accounted for 24.9 per cent of new vehicle sales in August.
EVs outsold petrol-only and diesel vehicles individually in August.
Dealers must adapt their strategies to meet growing demand for EVs.
Failure to adapt may result in lost sales and revenue.

For dealers: Australian dealers must take immediate action to adapt their strategies to meet the growing demand for electric vehicles.

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

ADME commentary

The ADME angle

Electric vehicles now make up nearly a quarter of all new vehicle sales in Australia, which means dealers can no longer afford to treat them as a niche product.

This shift in consumer preference will have a significant impact on showroom traffic, as buyers increasingly seek out EVs and hybrids over traditional petrol and diesel vehicles.

What it means for the order bank

Dealers who fail to adapt their stock and ordering strategies to meet this growing demand risk being left behind, with potential customers taking their business elsewhere.

In particular, dealers will need to focus on stocking a range of EV models that appeal to different segments of the market, from budget-friendly options to high-end luxury vehicles.

Pricing and margin implications

As EVs become more mainstream, dealers will need to be mindful of pricing and margin pressures, as consumers become more educated about the total cost of ownership and the benefits of EVs.

Dealers who can effectively communicate the value proposition of EVs and provide transparent pricing and financing options will be well-positioned to maintain healthy margins.

Taking action

This week, dealers should review their current stock and ordering strategies to ensure they are aligned with the shifting market trends, and consider investing in staff training to ensure they are equipped to effectively sell and support EV customers.

Go deeper — ADME analysis