Australian Economic Growth Sustained by Consumer Surge in Electric Vehicle Purchases

Australia's economy expanded by 0.4 percent in the June quarter, largely driven by strong consumer demand for electric vehicles despite broader economic uncertainty linked to tensions in the Middle East.

2 Sept, 01:58 — 2 Sept, 01:58

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sydney-morning-heraldMostly Factual7h ago

Australians’ splurge on EVs keeps the economy ticking

The Australian economy grew by 0.4 per cent through the June quarter as consumers spent more on electric vehicles as they deal with the fallout from the war against Iran.

By Shane Wright

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Australian Economic Growth Sustained by Consumer Surge in Electric Vehicle Purchases

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Australians’ splurge on EVs keeps the economy ticking

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