Australians save nearly $100 in fuel costs per month by making the switch to an electric vehicle, new data from Swedish electric performance brand Polestar has revealed.
A survey of 1015 motorists in Australia reveals 62% of electric vehicle owners spend well under $100 per month charging their cars, with a median monthly cost of $60 compared to the $150 petrol, diesel, and hybrid drivers spend on fuel.
Research commenced in December 2025 and was completed in mid-January, prior to the current global conflict inflating the price of petrol and diesel, to better understand the habits of Australian motorists.
Polestar Australia Managing Director Scott Maynard said:
“With lower running costs, improved performance, and simpler servicing, the benefits of going electric are clear.
“Electric vehicles were saving Australian drivers money even before the current fuel crisis.
“Even with the recent federal government cuts to the fuel excise, the availability and security of Australia’s fuel supply remain a critical focus. Our vulnerability has been exposed, and won’t magically improve when the current conflict ends.
“There’s no time like the present to make the switch.”
Electric vehicle drivers take ownership of how they power their vehicle, with 79% charging at home where rooftop solar and batteries, energy plans tailored to EV charging, and the ability to charge off-peak offer control over cost.
It’s not just Australia where making the switch to electric power brings greater freedom and security from fuel prices.
Polestar CEO Michael Lohscheller said:
“High oil prices are not the problem, they are the reality of a volatile system. Electric cars change that. The cost base is lower, more stable and increasingly local.
“What used to be range anxiety is quickly becoming pump anxiety. People are moving away from unpredictable fuel costs to predictable electricity.”
Data reveals electric vehicles exceed the needs of Australian new car buyers
Real-world road trips are comfortably within reach of the average range of modern electric vehicles. Polestar averages a WLTP range of 605km across its models in Australia, with up to 678km of range on offer in Polestar 5.
The median weekly driving distance from respondents was 158km, and 84% of drivers cover up to 300km per week.
The longest single journey taken by 72% of respondents in the last 12 months was less than 500km.
The idea of range anxiety isn’t exclusive to electric vehicle owners, with 36% of petrol, diesel, hybrid, and electric vehicle owners reporting some form of ‘pump anxiety’ even prior to the recent uncertainties around the availability of fuel.
About the research
The research was conducted via an online survey of 1,015 Australian adults, including 810 internal combustion engine drivers and 205 electric vehicle owners. Fieldwork took place between 22 December 2025 and 20 January 2026 and was conducted through PureProfile Australia.
About Polestar
Polestar (Nasdaq: PSNY) is the Swedish electric performance car brand with a focus on uncompromised design and innovation, and the ambition to accelerate the change towards a sustainable future. Headquartered in Gothenburg, Sweden, its cars are available in 28 markets globally across North America, Europe and Asia Pacific.
Polestar has four models in its line-up: Polestar 2, Polestar 3, Polestar 4, and Polestar 5. Planned models include the Polestar 7 compact SUV (to be introduced in 2028) and the Polestar 6 roadster. With its vehicles currently manufactured on two continents, North America and Asia, Polestar plans to diversify its manufacturing footprint further, with production of Polestar 7 planned in Europe.
Polestar has an unwavering commitment to sustainability and has set an ambitious roadmap to reach its climate targets: halve greenhouse gas emissions by 2030 per-vehicle-sold and become climate-neutral across its value chain by 2040. Polestar’s comprehensive sustainability strategy covers the four areas of Climate, Transparency, Circularity, and Inclusion.
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