Many consumers are ready to make the switch to an electric car, but supply remains a big issue

As global oil prices continue to surge and motorists feel the pinch at the bowser, many are considering switching to an electric car.

But a report by the Electric Vehicle Council says demand for EVs is now drastically outstripping supply.

Many consumers who want to purchase an electric car are being warned of wait times exceeding months, even years, as the supply chain crisis intensifies.

It follows global shortages of EVs together with manufacturing issues such as factory closures in China.

The latest State of Electric Vehicles report by the EVC notes that demand for EVs in countries like Australia, now drastically outstrips supply – “due to Australia still being perceived by global carmakers as an unattractive market.”

The report noted that car companies like Tesla are favouring the UK and US markets due to “fuel efficiency standards” – something Australia, for example, refuses to implement.

Low stock levels is resulting in more consumers being forced to purchase a hybrid car, a vehicle that is powered by both fuel and electricity, according to the Electric Vehicle Council.