AAA reports a dip in hybrid vehicle sales

Hybrid vehicles continued to outsell battery electric vehicles (BEVs) in late 2024, despite a decline in market share, according to new data from the Australian Automobile Association (AAA) EV Index. Hybrids accounted for 14.83 per cent of new car sales in the December quarter, down from 16.70 per cent in September, while BEVs rose to 7.42 per cent from 6.59 per cent.

Total new light vehicle sales fell 0.62 per cent, marking the lowest quarterly sales since early 2023. Internal combustion engine (ICE) vehicles increased their market share slightly to 75.11 per cent, while plug-in hybrid electric vehicle (PHEV) sales continued to grow, now making up 2.63 per cent of the market.

 The data comes just before the Federal Government’s New Vehicle Efficiency Standard took effect in January 2025, with its impact expected to be reflected in sales figures from July.