EV Sales Hit a Record High in June

Key Takeaways

• June 2026 was Australia's strongest new vehicle sales month on record, with EVs hitting a new high of 23.3% market share, up from 7.6% a year earlier.
• BYD closed to within 243 sales of long-time leader Toyota, up 131.5% year on year, as Chinese EV and hybrid brands go mainstream.
• The shift means more first-time buyers asking finance questions outside familiar brands, an opportunity for brokers who can speak confidently to EV and multi-brand finance.

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In an article published by the Federal Chamber of Automotive Industries (FCAI), new VFACTS data for June 2026 confirms Australia's new vehicle market just had its strongest month ever, and electric vehicles were a big part of the story.

Nearly one in four new cars sold last month was fully electric.

For anyone financing a car, that shift is worth paying close attention to.

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The numbers behind the record month

According to the FCAI, June 2026 delivered 140,058 new vehicles across all sources, the highest monthly total ever recorded in Australia. Battery electric vehicles accounted for 23.3% of those sales, up from just 7.6% in June last year, close to a threefold increase in twelve months. Across the first half of 2026 alone, EV market share climbed steadily every month, from 8.4% in January to 23.4% by June.

A tightening race at the top

The brand ladder tells its own story. Toyota held on to top spot with 19,124 sales, but BYD finished just 243 vehicles behind on 18,881, up 131.5% year on year. It's the closest any brand has come to Toyota's long-held lead in years, and it reflects how quickly Chinese EV and hybrid brands are gaining ground in the Australian market.

Why finance matters more than ever

For most buyers, the sticker price of an EV isn't the only consideration, how they fund it matters just as much. As BYD and other Chinese brands become mainstream options rather than niche choices, brokers are fielding more finance questions from buyers who've never shopped outside the traditional big-name brands before.

How Azora supports the shift

Azora's car finance is built to keep pace with how Australians are actually buying cars today, whichever brand or powertrain they land on. Fast approvals and flexible terms mean brokers can move quickly whether a client is financing a familiar nameplate or trying an EV for the first time.

The FCAI's June numbers confirm the shift is accelerating, not slowing down. Contact your BDM or Log into Azora X to talk through car finance options for your EV and multi-brand clients.