The Electric Tipping Point: Australia and India Mark Historic EV Milestones as Volkswagen Undergoes Industry's Largest-Ever Restructuring

The global auto industry hit a historic inflection point this week as two major markets — Australia and India — reported that electric and alternative-fuel vehicles outsold traditional petrol cars for the first time. In Australia, more than 27,000 EVs sold in August, representing 24.9% of all new cars and surpassing both petrol (26,000 units) and diesel (23,600). Meanwhile in India, CNG, hybrid, and electric vehicles crossed a 42% sales share, definitively...