Over half million Australians plan to buy electric vehicle in next 4 years: report

SYDNEY, Australia - Market research company Roy Morgan on Tuesday said that 548,000 Australians plan to buy a new electric vehicle (EV) in the next four years.

Roy Morgan noted in a report that the potential EV buyers represent 12.5 per cent of all those intending to purchase a new vehicle in this period, while registering a "stunning" increase of over 1,230 per cent compared to four years ago.

According to the report, EV's attraction to Australians started to take off in 2019, when a greater range and more affordable models came to market.

The year 2019 saw only 41,000 Australians intend to purchase an EV within the next four years, but the figure rose by over 60 percent to 66,000 within one year and has increased rapidly ever since.

Roy Morgan highlighted automotive manufacturer Tesla as a major driver of Australians' growing appetite for EVs.

Five years ago, only 37,000 Australians intended to purchase a Tesla in the next four years, and the group has now surged by almost 900 percent to 369,000 today.

The research company found that far more Australians now desire for other brands than a Tesla, as about 179,000 people are intending to buy another make. - XINHUA