It is make or break for EVs right now
By Stephen Ottley · 05 Apr 2026
They cost too much. They cause range anxiety. There aren’t enough chargers.There is still a lot of negativity and anxiety around electric vehicles (EVs) and it has kept sales at approximately 10 per cent of the market for several years now. There have been attempts to increase sales of EVs from both the car makers and governments around the country, but regardless the sales have always hit that invisible 10 per cent cap, more or less.But that could be about to change. In fact, if it doesn’t change in the very near-future, we may be waiting a decade or longer before EVs truly become mainstream.Put simply, if EVs are to take a leap forward in terms of sales, it’s now or never (or at least, now or in the distant future).That’s because interest in EVs (and hybrids) have never been higher as fuel prices have spiked since the US and Israel began the conflict with Iran, which has had a major impact on the price of oil and the global supply chain.It has also raised the questions of Australia’s fuel security, with local refineries not currently capable of producing fuel to the same standards as the fuel we import.Geo-politics aside, Australian motorists are simply feeling the financial pain at the pump with unleaded over $2.50 per litre in much of Australia and diesel above $3 per litre and running low in supply in many areas.Searches on CarsGuide classifieds for EVs rose 230 per cent since petrol prices spiked, while searches for hybrids are up a whopping 943 per cent. Autotrader is reporting a 631 per cent jump in people searching for a new EV to buy, with a 221 per cent increase in those looking for a hybrid.Obviously these search results won’t translate to a one-for-one sale increase, but the next few months will be telling for how much Australians are willing to embrace EVs to save at the pump.Skoda happened to launch more-affordable variants of its Enyaq and Elroq EVs in mid-March, which is seemingly perfectly timed to take advantage of the current trouble times. But Skoda Australia director, Lucie Kuhn, cautioned about getting too excited too quickly on a potential dramatic sales shift towards EVs.“Maybe short term, if you're speaking about the conflict in the Middle East, of course it triggers the customers if they shouldn't start considering an electric vehicle as their future car,” she said.“If increased interest will last to such an extent, I think it depends how long the crisis will take.“But already before it has happened, we observed that out of this, in the market 65-70 per cent of customers are still driving combustion .I think already 70 per cent out of them consider, for the next purchase, to start thinking about the electric vehicle.“It doesn't mean that they will necessarily buy an electric vehicle, but they give it a serious thought and we observe that. Many customers in spite maybe in the end go for a combustion engine or maybe for the PHEV as an interim step, they at least consider having and purchasing an EV.” But what this fuel crisis may do, is get those people who have considered an EV or hybrid previously but hesitated because of the above-mentioned concerns about price, charging or range anxiety.The reality is EVs are now on-par, or in some cases cheaper, than petrol or diesel models. For example, the new MG4 Urban EV is cheaper than the similar-sized Toyota Corolla Hybrid. That doesn’t mean all EVs are cheaper than petrol or diesel equivalents, but the criticism that EVs are for “snobs that live in the eastern suburbs”, as NSW Premier Chris Minns said recently, is simply not true.Range anxiety feels like a hangover from the earlier EVs, which had less than 200km of range and needed regular charging. Most EVs on sale today are capable of 300km or more, which means a weekly charge is most likely what’s required for the majority of Australian motorists.While the concerns over the lack of public charging infrastructure is also overblown in the minds of many, with more than 1250 spread across the nation. Are there as many EV chargers as petrol bowsers? Of course not, but given the current rate of EV sales growth, the public network is growing accordingly.If you live in an urban area, there is likely to be several public chargers available, assuming you don’t have off-street parking so you can’t simply charge at home (which many Australians are capable of doing). So if you look beyond the anti-EV sentiment and put your prejudices aside, the reality of actually owning an EV is starting to look more and more appealing. They are increasingly cost-effective and help Australia wean itself off foreign oil dependency, so it’s a win-win in many respects.No, they still aren’t for every or every market (electric utes are likely to remain as popular as a steak at a vegan restaurant) but for many, namely those in urban areas, now might be the ideal time to make the switch. Whether they will or not remains to be seen.Fuel prices began to increase at the very end of February and March sales date won’t be available until after the Easter long weekend. Even so, March figures aren’t likely to show the full extent of the potential switch to EVs and hybrids. Instead, we will have to watch closely in the coming months to see if the current crisis has a significant and lasting impact on the popularity of EVs in Australia.