Australia’s Generous EV Incentives

What’s happening? New South Wales Parliament in Australia just passed new EV reforms the are being told as the most generous for EV drivers.

Why is this important? The new EV incentives include:

  • $3,000 rebate for new electric cars priced below $68,7500
  • EVs below $78,000 get a stamp duty exemption
  • incentives like the right to travel in T2 and T3 transit lanes
  • $161 million on expanding the EV-charging network
  • zero interest loans and a stamp duty exemption.

How will this be important? The program was designed to meet Australia’s goal of 50% EV sales by 2030

The Driven | Australia’s most generous EV support package passed into law