Chinese electric vehicle maker BYD is rapidly gaining market share in Australia, with sales rising 65% last year as nearly one in four EVs sold in the country was a BYD, according to EVDirect CEO David Smitherman. Chinese EVs now comprise roughly one-third of electric vehicles sold in Australia, which has no domestic auto industry to protect with tariffs, unlike the United States where both Trump and Biden administrations have effectively blocked Chinese EV imports.
The Biden administration imposed a 100% tariff on Chinese EVs to shield U.S. automakers from what it termed unfair competition. U.S. officials also blocked Chinese vehicle software over security concerns that Beijing could use internet-connected cars for surveillance. Australian authorities are monitoring U.S. developments but remain noncommittal despite security experts urging restrictions on Chinese connected car technology.
