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Peter Petrovich would be the first to admit he’s not your ordinary consumer.

He is, as the economists would tell you, an early adopter of all things tech.

It’s one of the reasons he bought his first electric vehicle – or EV – a full 10 years ago when the industry in Australia was in its very infancy.

But there are others besides, as the Perth-based father-of-two explains.

“The torque that you get instantly from an electric motor, there is no Bugatti, there is no Lamborghini, there is no Ferrari that can match that,” Mr Petrovich says, in reference to some of the fastest petrol-powered cars in the world.

“Different people come to EVs from different perspectives.

“Some love it because it’s a computer on wheels. Others love it for the environmental aspect. Some love the performance.

“For me, it was the total package.”

For a whole host of reasons, the uptake of electric vehicles in Australia is steadily climbing.

While the numbers dipped slightly compared with the previous quarter, EVs made up more than 8 per cent of all new cars sold in the three months to June 30, according to the Australian Automobile Association.

In the same period in 2022, that number was just 1.12 per cent.

Facing a wall of demand

The rapid growth of sales is spurring expectations EVs will soon become a major, if not dominant presence on Australia’s roads.

Under a target set by the federal government, half of all new car sales are supposed to be electric by 2030 – barely five years away.

Some jurisdictions are setting their sights even higher, with the ACT aiming for 80 to 90 per cent of light vehicle sales to be “zero-emissions” within the same time.

Those same cars are also expected to drive a massive increase in the demand for electricity for transport.

Ausgrid, which services more than 4 million people running the network of poles and wires from the Sydney CBD to the Hunter Valley, used a submission to a federal parliamentary inquiry to show just how much.

From about 20 gigawatt-hours a year now, Ausgrid said “annual energy consumption from EV charging” would rocket to “over 1,500GWh by 2028-29”.

It was a similar story from Endeavour Energy, which runs the poles-and-wires network across Sydney’s greater west and down to the New South Wales south coast.

Demand for EV charging in its network, Endeavour said, was forecast to jump from 48GWh “to 635GWh” over the same period.

Energy consultant Peter Kerr says the future direction of the transport industry seems clear.

He says internal combustion engine cars powered by fossil fuels such as petrol or diesel would increasingly be overtaken by EVs.

“I don’t think anyone disagrees with the notion that the long-term future is electric, at best hybrid,” says Mr Kerr, who runs ATA Consulting.



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