EV transition – Fleet report card in Australia

AutoExec Summary: Australia’s electric vehicle (EV) landscape is evolving, but adoption is slowing due to high upfront costs and cautious corporate and government buyers. Queensland leads with a proactive government fleet plan, while other states face mixed progress. Corporate fleets, driven by environmental goals, are adopting EVs, though fleet-wide transition remains slow. Tesla dominates EV sales, but fleet sales lag behind the market average. Long-term, EV adoption is expected to rise as prices drop and infrastructure improves.

Brands mentioned: Tesla, IAG, Schneider Electric, TransGrid, Westpac, Commonwealth Bank