Flagging EV sales prompt calls for additional subsidies

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Earlier this month, Tony Webber from the Federal Chamber of Automotive Industries warned of a clear consumer shift from battery electric vehicles (EVs) toward hybrids.

“The Australian experience with EVs is similar to many major markets overseas such as Europe, New Zealand and the USA”.

“Car makers are responding to regulatory settings that mandate an increase in the number of zero-emission vehicles by introducing new products”.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.