Energy sector readies for Australia’s electric car ‘tipping point’

March 30th, 2021

The Age, Other, 29/03/2021, Nick Toscao
The uptake of electric vehicles in Australia is predicted to dramatically rise in coming years even without federal policy support, prompting the nation’s energy sector to prepare for a significant upheaval of the market. Australia lags many countries in the transition to battery-powered cars – less than 1 per cent of Australia’s new car sales are electrics – but power giant Origin Energy forecasts that falling battery costs mean a tipping point is fast approaching. […] But CSIRO has forecast that electric cars will account for at least 30 per cent of sales by 2035, rising to potentially 90 per cent.

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