As affordable Chinese EVs flood the market, will Aussie consumers be the real winners?

byd Chinese ev tesla

Electric car brand BYD’s megastore, in Sydney. Source: AAP Image/ Dan Himbrechts

China’s electric vehicle (EV) manufacturers are having a moment.

For a long time, the race to electrify motoring has been almost synonymous with American carmaker Tesla, a clear early leader.

But Chinese manufacturer BYD has been closing the gap, with some projections indicating it could overtake Tesla on annual battery-only electric vehicle sales this year.

That has implications for Australia, which is becoming a strong market for green motoring.

Year-to-date, new battery-only EV sales in Australia are up 16.5%. Hybrids and plug-in hybrids (vehicles that use a combination of a battery and conventional fuel) performed even more strongly over the same period, up 114.

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