If electric cars sales don't grow with current high fuel prices, will they ever? And Cheap EVs such as the 2026 MG4 Urban, BYD Atto 1 are key to growth
Electric vehicle sales in Australia may finally surpass the 10% market share threshold due to high fuel prices. Affordable EV models like the 2026 MG4 Urban and BYD Atto 1 are key to driving growth in the EV market.
High fuel prices in Australia have sparked interest in electric vehicles. Searches for EVs have risen 230% and hybrids by 943% since petrol prices spiked. Car manufacturers like Skoda have launched more affordable EV variants, which may help increase sales. The MG4 Urban EV is now cheaper than the similar-sized Toyota Corolla Hybrid. If EV sales don't grow now, it may take a decade or longer for them to become mainstream.
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