Cheaper electric vehicles could increase uptake in Australia sooner than expected

Original article by
The Guardian Australia – Page: Online : 25-May-21

The transition towards electric vehicles will present significant challenges to the automotive sector, according to the Motor Trades Association of Australia, in what is its first major review of the sector in four years. The MTAA noted that current uptake of electric vehicles is low, but that this could change if new technologies bring about cheaper prices. The MTAA noted that there were 72,521 businesses operating across the automotive sector at the end of the 2019/20 financial year, while 96.6% of all automotive businesses are small and family-owned enterprises.

CORPORATES
MOTOR TRADES ASSOCIATION OF AUSTRALIA LIMITED

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