Electric vehicle sales are surging. Australian sales doubled in 2022 to 3.8% of all new vehicle purchases, and were up 780% in the first two months of 2023 compared to a year ago.
In the United States, Europe and China, the market share of electric vehicles is much higher, helped by greater government support. As industry journal Automotive News put it:
The electric vehicle revolution isn’t coming – it’s already here.
