Volvo-owned electric car brand Polestar beat Volvo, MG and Tesla — which are struggling with a chronic inventory shortage after the factory shut down — in EV selling prices.
The 2022 Polestar 2 used to be Australia’s best-selling electric car in June 2022 – narrowly beating the Tesla Model 3, which is still dealing with inventory shortages after lockdowns in China.
It adds to a total of 1,137 electric vehicles reported as sold last month — an increase of 116 percent from June 2021 with Tesla included, or 83 percent without Tesla, as the electric car maker won’t start selling its sales until the end of June. VFACTS reports began to be published until March 2022.
Electric cars accounted for 1.1 percent of all new cars sold in June 2022 (or 1.0 percent excluding Tesla) — up 0.5 percent market share in June 2021, but lower than the 1.8 share. percent of electric cars in all new car sales so far this year.
The Tesla Model 3, which narrowly finished second behind the Polestar last month, was the country’s best-selling electric car for the first six months of 2022, with 172 reported sales in June.
However, Tesla’s figure can be attributed to supply rather than demand as COVID-19 lockdowns in China earlier this year closed Tesla’s Shanghai factory (where Australian cars are built) until late March and most of brought to a halt in April.
The effects of the production disruptions are now being felt in Australia; while Tesla delivered just over 4,400 vehicles in Australia in the first quarter of 2022 (January to March) in the second quarter (April to June).
After sales slowed in May (12 cars), a shipment of fewer than 200 cars was docked in early June — comprising the 172 cars sold in June, plus some Model 3 demos and a handful of Model Y SUVs for display in June. showrooms and media/customer test drives.
However, the second half of 2022 looks positive for the electric car specialist, with upgrades to the Shanghai factory imminent to boost output to record levels, and large batches of cars planned for Australia in the coming months – some containing the first custom Model Ys.
After Tesla’s electric car sales race in June, the Hyundai Ioniq 5 (102 sales) – its best month yet, thanks to an order round in mid-May – followed the Hyundai Kona Electric, with 98 sales.
May’s EV sales leader, the Volvo XC40 Recharge Pure Electric, stumbled in June with just 78 cars sold — a drop in production ahead of the updated model year 2023 XC40 range expected from this month.
It’s worth noting that volatile supply chains mean that each month’s sales results are largely driven by supply rather than demand – given the long waiting lists and extremely limited inventory of the Hyundai Ioniq 5 and Kia EV6 locally.
However, the top sellers in June are largely similar to those in the first six months of the year, as well as in May and previous months, albeit in slightly different orders.
Also in June, the first units of the Genesis GV60 – the luxury twin of the Hyundai Ioniq 5 and Kia EV6 – were reported as sold, albeit as official vehicles from Genesis Australia, rather than customer deliveries.
Last year’s best-selling non-Tesla EV, the MG ZS EV, is in the midst of a transition from old to new models, with the latter set to go on sale this month.
This story – and the table below – will be updated with sales figures for these cars as they become available.
The second half of 2022 promises to offer more options for EV buyers, with new models from BMW, Ford, GWM, Mercedes-Benz and Volvo.
In a few months, the $45,000 BYD Atto 3, a new Chinese small SUV targeting the MG ZS EV, will be available. Local importer EVDirect says it has taken more than 3,000 orders — which could shoot it to second place on the sales charts by the end of the year, behind the Tesla Model 3 and Model Y.