Australia's EV Boom Met a Fuel Crisis. The Tax Break Just Ended.

Australian battery EV sales more than doubled to 69,414 in Q2 2026 — the largest quarterly jump on record, per the AAA. March's spike coincided with peak fuel prices from Middle East supply-route disruption. Canberra's fuel excise cut, introduced 30 March, expired 2 August; petrol is set to top $2/litre again. Whether EV demand stays structural or reverts may hinge on the next AAA release.