EVs

Buying an EV in Australia in 2026: The Complete Picture

EV sales are accelerating. With expanded charging networks and government incentives, here's what Australian buyers need to know right now.

Stats updated: 2026-07-19

24.0%
EV Market Share (June 2026)
New Battery Electric Vehicles
35.8%
Combined EV/PHEV Market Share (June 2026)
New passenger car sales
21,303 units
New BEV Sales (May 2026)
Highest monthly share on record
4,192+
Public Fast Charging Plugs
As of October 2025

How much does it cost to charge an electric vehicle in Australia?

The cost to charge an EV in Australia varies significantly by location and charging method. For an average 73 kWh battery, a full charge at home on a standard electricity rate of 30c/kWh costs approximately A$21.90. However, utilising off-peak tariffs or dedicated EV plans can reduce this to around A$6 for a 70kWh vehicle. Public AC chargers typically cost around 45c/kWh, making a full charge for a 51 kWh MG4 approximately A$22.95, while ultra-rapid DC chargers can range from 60c to 80c/kWh, pushing the cost for a full charge to between A$30 and A$50.

What are the most popular electric vehicle models and their prices in Australia in 2026?

As of the first half of 2026, the Tesla Model Y remains Australia's best-selling EV with 20,396 deliveries, followed by the BYD Sealion 7 (12,516 sales) and Geely EX5 (6,756 sales). Current pricing for popular models includes the 2026 Tesla Model 3 Premium Rear-Wheel Drive starting at A$54,900, and the Tesla Model Y Premium Rear-Wheel Drive with an indicative drive-away price between A$61,691 and A$65,767. The MG4 EV Urban Essence 43 is available from A$31,990 drive-away, while the MG S6 EV Essence RWD starts at A$49,990 drive-away.

What are the current government incentives and FBT exemptions for EVs in Australia?

Eligible zero-emission battery electric vehicles (BEVs) and hydrogen fuel cell vehicles (FCEVs) remain fully exempt from Fringe Benefits Tax (FBT) when provided through a novated lease, potentially saving drivers up to A$11,000 per year in tax. This full exemption is set to continue until 31 March 2027. From 1 April 2027, the full FBT exemption will apply only to eligible EVs valued at A$75,000 or less, transitioning to a 25% FBT discount for all eligible EVs below the Luxury Car Tax (LCT) threshold from 1 April 2029. The LCT threshold for fuel-efficient vehicles in the 2026/27 financial year is A$91,661, and a 0% import tariff also applies to eligible EVs below this threshold.

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