Tesla Gains Momentum in Australia

- Advertisement -

American electric vehicle manufacturer, Elon Musk’s Tesla’s electric vehicle sales are steadily rising up off a lowly base in the market of Australia, and are dead-set to capture up with the sales of its Powerwall home batteries in the country, Chair Robyn Denholm communicated on Tuesday. “We now have more than 26,500 Teslas on Australian roads, and the momentum is there,” Denholm said at the Australian Clean Energy Summit in Sydney. “I personally wouldn’t be surprised if we double that number by the end of the year,” she further added.

The Australian market is responsible for making up about 1 per cent of the Tesla electric vehicles sales and on the road, which in total made up a totalled 2.5 million globally at the end of the first quarter of 2022. Electric vehicles as of now only make up just 2% of new car sales in Australia. “Australia is in a very unique position from an energy perspective, in that we have more Powerwalls installed in Australia than we do have Teslas on the road,” Denholm also said.

The popularity of home batteries in Australia goes along with rooftop solar, in a country that has one of the highest per capita rooftop solar uptake globally. The current biggest obstacle in the more rapid uptake of electric vehicles is the lack of fast charging stations, Denholm said. “These chargers need to be rolled out without delay. This is the missing piece to mass EV adoption,” Denholm again said.

- Advertisement -

She also encouraged the new Labour government to put in the establishment of various vehicle fuel emission standards to encourage uptake of electric vehicles and spur upgrades on the grid crucial for charging stations and utility-scale energy storage. She also restated the calls for Australia to do more to build battery materials refining factories. Tesla sources three-quarters of the lithium it needs for its batteries from Australia, but the country hardly has any refining capacity for higher value material that goes into batteries.


 

- Advertisement -

Most Popular Articles

Nishchay Pandey
Nishchay Pandey
Bioengineer with a knack for writing, I love IoT, Open-source and creativity.

India’s Lithium-Ion Battery Demand To Jump To 127GWh By 2030

0
India currently imports nearly all of its Li-ion batteries, but according to CareEdge Ratings, this dependency is anticipated to decrease to 20% by FY27....

PM Advisor Tarun Kapoor Calls For Review Of Tax On Batteries, EV Charging

0
Tarun Kapoor, Adviser to the Prime Minister, suggested that it might be necessary to reconsider the taxation on batteries. He also noted that the...

Government Allocates FY26 Subsidy Funding For Electric Three-Wheelers

0
With subsidies now cut by half, manufacturers expect that they will need to increase prices to transfer the extra costs onto customers. The Union government...

MotoHaus Unveils New E-Bikes Starting At INR 1.30 Lakh

0
MotoHaus has initiated operations, presenting a line of electric and conventional motorcycles from VLF and Brixton Motorcycles. The company is set to establish dealerships...

Wolfspeed CEO Removed Amid EV Slowdown, Shares Rise

0
Wolfspeed ousts CEO Gregg Lowe as EV demand drops, triggering a 6% stock surge. The company faces closures, layoffs, and a stalled German factory...
Sunit Kapur, CEO of Epsilon

“Epsilon Leads With Low-Carbon Graphite Manufacturing, Outpaces Chinese Competitors” – Sunit Kapur, CEO of...

0
Are LFP cathodes and silicon-graphite anodes the best for cost efficiency in EV batteries? Sunit Kapur, CEO of Epsilon Advanced Materials, discusses this with...
John W. Mitchell, President and CEO, IPC

“India’s Core Focus On 5G, IoT, AI Fosters Need For Advanced Electronics,Components, And Semiconductors”...

0
Will Industry 4.0 supercharge India’s progress in semiconductor and electronics manufacturing? IPC President and CEO John W. Mitchell shared more strategies on the country’s...
Raman M., Co-Founder and CEO, chargeMOD

“Our Goal Is To Achieve Complete Sustainability By 2025-2026” – Raman M. Of chargeMOD

0
In a conversation with Nitisha Dubey from EFY, Raman M. of chargeMOD, elaborated his goal of developing virtual power plants by decentralising power production. Q....

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...

Space tech Startup Akash Secures $68M CHIPS Funding

0
Eyeing to power into AI, EVs, and more high-tech industries, Akash Systems lands $68 million CHIPS grant to boost its cooling tech facility, generating...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

Industry's Buzz

Learn From Leaders

Startups