Most Australians Open To EVs, But Hybrids Still Lead

More than half of Australian drivers say they are considering moving away from petrol and diesel cars in the next five years, but hybrids are expected to dominate the early stages of the transition.

A new survey from Money.com.au, which polled more than 1,000 drivers across the country, found that 52 per cent are open to purchasing either a fully electric or hybrid vehicle by 2030. However, hybrids remain the preferred option for most.

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Hybrids Seen as the “Stepping Stone”

Only 17 per cent of respondents said their next car would likely be a battery electric vehicle (BEV), while 35 per cent favoured a plug-in hybrid (PHEV). Just 3 per cent of drivers currently own an EV or hybrid today.

Money.com.au finance expert Sean Callery said hybrids are helping drivers build confidence in electrified vehicles before going fully electric.

“Most Australians are still cautious about making the switch straight to battery electric. Hybrids give them a familiar brand, more choice, and reassurance on range and charging,” Callery explained.

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Generational Divide

The research also revealed significant generational differences in attitudes towards electrification.

Gen Z drivers showed the strongest overall intent to switch, but most leaned towards hybrids. Interestingly, Gen X recorded the highest willingness to buy a fully electric car.

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Barriers Slowing Down EV Adoption

Despite the rising interest, 45 per cent of Australian drivers still plan to stick with petrol or diesel cars. The survey highlighted the main concerns slowing down EV adoption:

Outlook

The findings suggest hybrids will continue to be the gateway technology for many Australians until EV prices fall, charging infrastructure expands, and confidence in batteries improves.

While EV adoption is rising globally, Australia’s journey appears set to pass through a hybrid-heavy phase before reaching widespread electrification.