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Why Are EVs Now 51% of Smartgroup’s New Vehicle Orders?
3:01am on Monday 2nd of June, 2025 AEST
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Financial Services
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Why Are EVs Now 51% of Smartgroup’s New Vehicle Orders?
3:01am on Monday 2nd of June, 2025 AEST
Key Points
Q1 2025 average monthly revenue up 10% year-on-year
Electric vehicles represent 51% of new vehicle orders in Q1
Plug-in hybrid demand surged ahead of government discount expiry
Novated leasing yield steady with 4% increase versus prior year
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