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Australia’s Electric Vehicle Future

And it’s closer than you might think. Electric vehicles already comprise 56% of the market in Norway and 25% in Iceland. Britain recently announced a ban on new petrol, diesel and hybrid vehicles from 2035. Car manufacturers are embracing the change, with Mercedes-Benz ceasing development of combustion engine vehicles to focus on electric vehicles. Honda has confirmed that they will no longer produce petrol cars in Europe from 2022 and Volkswagen are planning to cease production of petrol cars entirely after 2026.

The future of cars is electric.

With the international manufacture of internal combustion engine vehicles in decline, and no car manufacturing industry of our own, Australia’s electric vehicle future is in no doubt. New figures from the Electric Vehicle Council show that sales of electric vehicles in Australia tripled in 2019, whilst sales of new petrol and diesel vehicles fell by 7.8% in the same period. Despite this increase, electric vehicle sales in Australia were still far lower than in a majority of developed countries, comprising only 0.6% of our market (compared to 15% in the Netherlands or 4.7% in China).

Unlike in the EU and China, the Australian electric car market has not received governmental incentives or support. Despite this, government analysis last year predicted that even without policy support to spur change, half of new cars sold in Australia in 2035 will be electric vehicles. Australian drivers clearly consider the reduced environmental impact of electric vehicles worth investing in.

Electric vehicles are currently more expensive than their internal combustion engine counterparts, and it is expected that there will be a rapid uptake in Australian electric vehicle ownership once their price becomes competitive. The falling price of lithium-ion battery packs is the key factor to achieving price parity with petrol vehicles, and the cost of batteries has been steadily falling since 2010 thanks to global investment in electric vehicle battery production. Bloomberg predicts that price parity will occur in 2025 and electric vehicles will become as cheap as their petrol equivalents.

Another barrier to the adoption of electric vehicles thus far in Australia is ‘range anxiety’, with a lack of public charging infrastructure limiting the uptake of electric vehicles. Groups such as Infrastructure Australia, the government’s independent infrastructure advisor, have been calling for the expedited roll-out of a national charging network to ensure a seamless transition to an electrified transport sector.

The NRMA  recognise the direction in which the industry is heading and have positioned themselves at the forefront of the electric car’s future. They have committed $10 million to build one of Australia’s largest electric vehicle fast-charging networks, comprised of more than 40 chargers across regional NSW and free to use for NRMA members. Meanwhile, the transport industry awaits the government’s National Electric Vehicle Strategy, due to be finalised in mid-2020.

At DIVVY we have an ethos of future thinking, and are developing exciting, cutting edge technology to improve peoples’ lives and drive sustainable practices. Here at DIVVY we are excited for the electric vehicle revolution and are actively investigating how best to position ourselves to facilitate this seismic shift in the transport industry and how we can support our current and soon to be electric vehicle-driving DIVVY users.

We look forward to playing our part in Australia’s electric future. For further information, please contact Kat Fowler, DIVVY’s Marketing and Communications Manager at kat@divvy.com.au.

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News

Australian parking technology is gaining interest overseas

The largest parking organisations operating in Australia today are foreign-owned entities. In contrast, DIVVY is 100% Australian owned.

As an Australian business, DIVVY is making a positive contribution to Australia’s urban communities by providing smarter parking solutions, and to the country’s economic development and prosperity too.

Most of DIVVY employees are based in Australia, which means Australian jobs, but it also has another very significant implication – the development of Australian-owned world first technology. DIVVY is unique in the Australian parking landscape in its focus on the in-house development and creation of new technology and is constantly developing innovative new technologies. These include the award-winning DIVVY access control devices, the DIVVY payment solution and the new parking aggregator – Justbooked.

The Australian Trade and Investment Commission (Austrade) is lending support to DIVVY’s vision to export its market -leading technology to the world. Austrade is Australia’s lead government agency for international trade promotion and investment attraction and their Smart Cities initiative is behind DIVVY as it takes its technology to the global marketplace.

DIVVY is receiving interest in European markets, with parking technology companies looking to DIVVY to offer an alternative Smart Cities focused solution for their parking needs. DIVVY access control equipment is an inexpensive solution with little impact on capital works budgets and easy for any electrical contractor to install. DIVVY’s parking solution is attractive to the leaders in the parking and property industry, not just in Australia but globally.

DIVVY is actively engaged in partnership discussions with parking equipment suppliers and parking operators in several European cities including Prague, Vilnius, Cluj and Riga. Of special interest is the work that DIVVY is doing in the IoT space, which to date, has had little impact on the parking industry but is critical to the integration of bookable assets in the Smart Cities environment.

The contribution of Australian owned and operated DIVVY to both smarter cities and local economic growth is clear, both now and into the future. Watch this space!

For further information, please contact Kat Fowler, DIVVY’s Marketing and Communications Manager at kat@divvy.com.au.

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Case Study staff parking

How DIVVY Enterprise helped Downer Group with smarter, better parking

The closure of the local train stations presented a challenge for Downer Group’s Sydney head office – and DIVVY’s Enterprise product provided the perfect solution.

Downer’s head office, located in North Ryde, is home to more than 800 employees, with 40% of it’s workforce commuting by train. When it was announced that the Macquarie Park and North Ryde train stations would close temporarily for the Sydney Metro Northwest rail link construction, Downer’s management team immediately recognised the problem this would create for their employees. They needed to keep morale high and ensure employee retention in the face of this challenge, and DIVVY Enterprise’s new market-first ‘Free Up My Space’ feature was the clever, flexible solution they were looking for.

Implemented from the first day of the rail line closure, the DIVVY Enterprise feature ‘Free Up My Space’ allows Downer employees with assigned car spaces to free up their space for others to book. With only a third of employees having assigned car spaces, the DIVVY solution has opened up a new way to get to work for the rest of the workforce.

In the initial stage of operation on average 40-60 spaces (of the company’s 360 spaces) were freed up and booked each day. With parking such a highly prized asset in North Ryde, and never more so than after the rail closure, making parking available to more employees has had a huge impact on morale at Downer.

The benefits of DIVVY Enterprise go even further. Downer have been able to eliminate physical access cards for their car park, with DIVVY providing precise real-time reporting on who is entering and exiting the car park. In the initial stage of operation, DIVVY’s 24/7, 365-days customer and tech support solved 100% of Downer’s queries within 24 hours. This all means reduced administration and maximum efficiency for Downer.

Derek Yen, Head of Procurement, Property and Security at Downer said,

“We are delighted to partner with DIVVY to deliver a better experience for our employees and help take the hassle out of parking.

Through DIVVY we’re able to optimise our car park by driving higher utilisation whilst offering our people a more flexible parking option.

Prior to installing DIVVY’s technology, we managed our parking manually, so it has been a real time saver. This means our teams and people can easily allocate, book and free up spaces in real-time, supporting flexible work options.”

Downer Group are now reviewing DIVVY Enterprise for their remaining offices nationwide.

For further information on this, please contact our sales team at sales@divvy.com.au