Battery-powered electric vehicle sales plunge by 25% as Australian drivers choose hybrid models
by Henry Belot from Environment | The Guardian on (#6S3Y8)
Australian Automobile Association analysis notes hybrids are exempt from fringe benefits tax until 1 April 2025
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Battery-powered electric vehicle sales fell sharply last quarter and may have temporarily peaked as consumers turn to hybrid models that attract tax concessions, according to new analysis.
Quarterly vehicle sales data released by the Australian Automobile Association on Monday reveals petrol-powered cars continued to decline in popularity, with sales falling by 9.16% in the three months to 30 September.
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