Saturday, April 9, 2022

Tesla's model 3 best selling car in Australia

 It sounds better than it is, but it's still pretty good.


From Tesmanian

Tesla Model 3 again achieved significant results in the Australian automotive market. The American manufacturer's car became the best-selling passenger car in Australia in March 2022 and outsold the Toyota Corolla.

This year, Tesla, for the first time in history, began submitting sales data for its vehicles in Australia and the Federal Chamber of Automotive Industries collected them. According to the information, Tesla Model 3 was the most popular passenger car in Australia in March with a monthly sales volume of 3,097 units. In second place was the Hyundai i30 with 2,455 sales. In third place was the popular Toyota Corolla with 1,924 sales. It also makes Model 3 the fifth best-selling car in the country behind only Toyota HiLux (6324), Toyota RAV4 (4610), Mitsubishi Triton (3808), and Mazda CX-5 (3772).

In the first three months of 2022, Tesla sold 4,417 Model 3s, making it the best-selling electric vehicle in the country, accounting for two-thirds of all sales in the segment. The success of Model 3 in the overall automotive market was so impressive that even the longtime favorites, Toyota Camry and BMW 3 Series, were left far behind. Toyota sold 3,359 Camrys during this period, while BMW 3 Series sold only 788 units.

Tesla does not have monthly active deliveries of vehicles to Australia. Ships usually reach the shores in the second month of the quarter, so the bulk of registrations traditionally take place in the third month of each quarter. At the moment, Tesla has started the year very actively and if it continues with the same intensity, Model 3 will have every chance of becoming the best-selling passenger car in Australia in 2022.


So, in Q1, Model 3s were 8% of car sales, and 2.3% of car and SUV sales.   The Tesla Model Y is not yet available in Oz.  The Model 3 is expensive in Australia, and though there are subsidies, they are small.  The right-wing federal government is hostile to EVs.  Tesla doesn't advertise.  And yet, 4 years ago, all EVs and PHEVs made up just 0.3% of the market.  When the Model Y goes on sale later this year, Teslas could make up 8% of the total car+SUV market, and all EVs ±10%.  This is truly a flexion point in the S growth curve.






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