Overview
- Australia recorded 11,134 electric vehicles sold in February 2026, a 95.9% jump from February 2025, even as overall auto sales fell 4.5% for the month.
- BYD models powered much of Australia’s growth, including 1,327 Sealion 7 sales versus 157 a year earlier, with additional lifts from the Atto lineup and new entrants.
- Tesla’s Shanghai Gigafactory delivered 58,600 Model 3 and Model Y vehicles in February, up 91% year on year but down 15.2% from January.
- Exports from Shanghai climbed to roughly 20,000 vehicles, about five times last year’s level, with Europe highlighted as a key destination.
- Tesla introduced a seven‑year low‑interest financing offer in China to bolster affordability, prompting competitors such as BYD to roll out similar plans.