EV lies, damn lies, and bogus statistics

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The chief lobby group for electric vehicles (EVs), the Electric Vehicle Council (EVC), has issued a media release triumphantly claiming that EVs broke the 100,000 sales barrier for the first time in 2024.

EVC media release

“Reaching this annual milestone of 100,000 EV sales is a clear signal that Australians want modern, sustainable cars that are fun to drive”, the media release said.

“Despite ongoing cost-of-living pressures making it harder to purchase a new car upfront, EV sales have still outpaced previous years”.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.