AUSTRALIA ELECTRIC COMMERCIAL VEHICLE MARKET

INTRODUCTION TOAUSTRALIA ELECTRIC COMMERCIAL VEHICLE MARKET

Despite a significant drop in overall car sales, Australian electric vehicle sales have shown resilience and development. The majority of carmakers around the world have now made public commitments to digitalization, including officially investing billions of dollars in development in electric vehicles over the next few years.

Carmakers are already confirming the future supply of new electric vehicle models into the Australian market, despite the fact that the supply of new models to market has not changed considerably in the recent twelve months.

AUSTRALIA ELECTRIC COMMERCIAL VEHICLE MARKET DEVELOPMENTS AND INNOVATIONS

Despite this growth, model distribution in Australia would continue to lag behind that of other analogous countries. For example, drivers inside the United Kingdom have accessibility to over 130 models and a far wider range of car classes.

An unsupportive policy climate continues to limit model availability in Australia, as major automakers' Australian offices struggle to secure supply of new models or volume of electric vehicle models in the local market.

Given that procurement strategy tend to prefer Australian-made and assembled vehicles, the increased interest from state governments has had a particularly good influence on the domestic electric bus industry.

Over the last twelve months, Australia has seen an increase in demand for light and heavy electric vehicle models from the freight and logistics sectors, highlighting the need for a coordinated national policy to encourage truck manufacturers to commit volume to our market.

AUSTRALIA ELECTRIC COMMERCIAL VEHICLE MARKETCOMPETITIVE LANDSCAPE

During this recent times, the NSW state government introduced Australia's best electric car policy to date, with an Electric Vehicle Strategy backed by nearly $500 million in funding to speed the uptake of zero-emission vehicles.

We are confident about the impact the NSW Government incentive program will have on electric car accessibility and purchases, given it is considerable and similar to top jurisdictions internationally. These favourable steps, as well as those done by other state and territory administrations, provide private sector investors’ confidence. 

Daimler is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. Daimler planned to deliver a purely electric truck in 2021 for the world market.

This light-duty Fuso eCanter is Daimler Trucks' first all-electric vehicle to enter mass production, and its second-generation version will debut next year. The eCanter has a 100-kilometer range and a payload capacity of 3,200 kg. It was the first and only business to deploy Bharat Stage 5.

Nissan is a leading mobiliser of the various explorer oriented electric vehicle manufacturer requirements in the market. With the Box Van adaptation, the Nissan Interstar can transport up to 22m3 of freight, which is equivalent to five Euro pallets. Loading cargo up to 4,4m in length is simple because to the low floor and wide-opening doors.

The effectiveness and power. The 2.3L dCi Twin Turbo from Interstar produces more power while consuming less gasoline and emitting less CO2. with low ownership costs.

AUSTRALIA ELECTRIC COMMERCIAL VEHICLE MARKETCOMPANIES PROFILED

• Hyundai Inc.
• BYD Auto Co., Ltd
• Proterra, Inc.
• AB Volvo
• Olectra Greentech Limited
• Tesla
• Nissan
• Daimler
• Toshiba
• Mitsubishi
• Continental
• Kia Motors
• Chevrolet
• Renault
• Renault Samsung JV
• General Motors Co
• Hyundai Kia Group JV
• Zentropy
• EmVcon
• CT&T United
• Ioniq Inc.
• Jinwoo SMC