{
  "id": 18287,
  "title": "New data shows fuel crisis triggered record EV sales in Australia",
  "url": "https://urgent.news/2026/08/02/new-data-shows-fuel-crisis-triggered-record-ev-sales-in-australia",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-02T01:43:07.000Z",
  "source": {
    "name": "ABC News AU",
    "slug": "abc-news-au",
    "url": "https://www.abc.net.au/news/2026-08-02/electric-vehicle-ev-sales-2026-iran-war-fuel/106987252"
  },
  "original_language": "en",
  "account": "Australia has experienced its largest quarterly increase in electric vehicle (EV) sales, according to new data. During April, May, and June, roughly half of all newly sold vehicles were either fully electric or hybrid models. Liberal deputy leader Jane Hume suggests that the government's EV subsidies, introduced in 2023, have become excessive. In the three months ending June 30, EV purchases doubled, with electric and hybrid vehicles accounting for 49% of new vehicle sales. This marks a significant rise in EV market share, which now stands at 21%, compared to 12.25% in the previous six months. The fully electric vehicle market share surpassed hybrid vehicles for the first time, despite hybrids registering their second-highest share on record. Meanwhile, sales of non-electric vehicles dropped to 50.84% of June quarter sales, down from 64.23%. Hume argues that the government's subsidy program has become uncontrollable and costly, estimating it will cost $1.7 billion over four years. The tax incentive program, introduced in early 2023, has been far more successful than anticipated and will cost $1.35 billion in 2023 alone. From April 2029, the tax exemption will only apply to vehicles under $75,000, while those above that threshold will receive a 25% discount on fringe benefits tax. The government claims it will phase out the discount as its objective of boosting EV adoption has been achieved.",
  "summary": "Nearly one in every two new vehicles sold was either electric or hybrid across April, May and June.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Conversation AU",
        "title": "Australia’s fuel discount is ending. What does this mean for petrol prices?",
        "url": "https://urgent.news/2026/07/31/australias-fuel-discount-is-ending-what-does-this-mean-for-petrol",
        "published": "2026-07-31T05:18:01.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}