Electric vehicles (EV) are slowly becoming more popular in Australia. While only 2 per cent of Australian households currently own an EV, 16 per cent of Australians expect to own an EV in the next one to five years, and 29 per cent expect to own an EV in the next ten years. Of those who already own an EV, 32 per cent were couples living alone and 21 per cent were couples living with dependant child(ren).
While EV have been growing in popularity, only 2 per cent of the Australian population currently owns one.
Almost half of the Australian population (46 per cent) stated that they expect to own an EV in the next one to ten years.
Of the highest earning Australian households, 71 per cent of people earning more than $222,300 stated that they already own an EV or expected to own one within the next ten years.
However, EV’s remained out of reach for households on an income of $0 to $24,554, 61 per cent of whom do not expect to own one in the next 10 years.
Households on higher incomes see EVs as more attainable and more often than not stated they already owned an EV or expected to own one within the next ten years.
Of the highest income households on an income of more than $222,300 (after tax and compulsory deductions), 5 per cent already owned an EV and 4 per cent stated they expected to own one in the next year, with only 29 per cent stating they did not expect to own one in the next ten years. For households with an income of more than $168,688 to $222,300, only 1 per cent owned an EV, 2 per cent expected to own one in the next year and 24 per cent expected to own one in the next five years, with 29 per cent stating they didn't expect to own one in the next ten years.
This compared to households on an income of $0 to $24,554 where 3 per cent do already own an EV, but 2 per cent stated they expected to own one in the next year, and 61 per cent stating they do no expect to own one in the next ten years.