Thu, 6th Jun 2024

In this episode of the Weekly Finance News Wrap, Paige Estritori discusses the latest trends in Australia's industry sector, focusing on the electric vehicle market. According to a study by the International Council on Clean Transportation, car manufacturers such as Tesla and BYD are leading the way in electric mobility, while others like Mazda, Honda, and Suzuki, as well as India's auto sector, lag behind. Australia's new fuel-efficiency standards highlight the need to shift to zero-emission vehicles by 2035 to combat global warming. This discussion is timely given the recent global surge in EV sales, particularly the 161 percent spike seen in Australia. The podcast hints that Australia may impose stricter vehicle emission restrictions in the near future. Tune in to stay updated on industry news, and explore financial services for your dream electric vehicle on financialservicesonline.com.au.