Australia's EV Surge: February 2026 Sees Record 11.8% Market Share for Electric Vehicles

March 5, 2026
Australia's EV Surge: February 2026 Sees Record 11.8% Market Share for Electric Vehicles
  • Top models and segments featured the Ford Ranger leading overall, Toyota HiLux close behind, Tesla Model Y rebounding to a top-3 finish, and Chery Tiggo 4 entering the top four amid strong mid-size SUV demand.

  • Affordable EVs remained popular, with BYD Atto 1 and BYD Atto 3 among the best-sellers in the entry-level segment.

  • China emerged as the dominant source of new vehicles, accounting for about 25,781 units and a 50.5% YoY increase, while Japan declined 31.3% and Korea fell 2.9%.

  • Hybrids fell 9.6% year over year, driven mainly by an 83.6% drop in Toyota RAV4 as it underwent a model transition, while plug-in hybrids rose about 20% and petrol vehicles declined.

  • The Driven continues to update model-specific sales and provides a data source for detailed monthly breakdowns by model and brand.

  • Chinese brands strengthened their position, with BYD leading among Chinese brands at 5,323 deliveries (up 62.2%) and Chery rising 93.2%.

  • Toyota remained the top brand but faced a 27.8% year-over-year drop, with RAV4 slipping to seventh in its segment and Prado down 53.3% YoY.

  • Overall electrified vehicles reached 27,437 for the period, representing 30.2% of the market, with hybrids at 15.3% and plug-in hybrids at 6.5%.

  • February 2026 saw EVs gain an 11.8% market share with 11,134 EVs on the road, as the fuel mix shifted toward electrification while petrol usage declined.

  • Australia’s EV market surged in February 2026, with battery electric vehicles reaching a record 11.8% market share and 7,715 BEVs sold, a 94.5% year-over-year jump.

  • Year-to-date through February 2026, EV sales total 18,543, nearly doubling the previous year’s pace, signaling the strongest BEV uptake yet in Australia.

  • The PHEV segment also grew in February, with 5,854 plug-in hybrids sold, up from 4,871 in the prior year period.

Summary based on 3 sources


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