Oil Crisis Accelerates Australia's EV Boom as Gas Sector Reshuffles

Half a million battery EVs on Australian roads are now displacing 600 million litres of petrol per year — and the Middle East oil crisis just supercharged the trend. Battery EVs exceeded 20 per cent of all new car sales in May, and when hybrids are counted, EVs reached nearly 50 per cent of the new car market. The numbers aren't just growing — they're structural. As Swinburne University's Hussein Dia put it, geopolitical instability isn't creating the EV transition, but...