• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Friday, July 18, 2025
  • Login
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Cars

‘Electric car discount’ policy to make EVs cheaper for Australians

by Meghana Kandra
November 22, 2022
in Cars, Electric Vehicles, News
Reading Time: 2 mins read
0
'Electric car discount' to pass parliament, taking thousands off the cost of popular low emissions cars
TwitterWhatsappLinkedin

In Australia, the “electric car discount” policy was a labor electric promise. It aims to make EVs cheaper, especially for cars like Nissan Leaf by $2,000 for Australians. And further, it will be $9,000 cheaper for employers who run fleets.

You might also like

Zuckerberg, Meta Directors Settle $8 Billion Privacy Trial

Samsung Chairman Jay Y. Lee Cleared in 2015 Merger Case

Microsoft Salaries Revealed, AI Teams Earning More Than Ever Amid Strategic Shift

'Electric car discount' to pass parliament, taking thousands off the cost of popular low emissions cars
Image credits- Rebel News

Making EVs cheaper would be possible by exempting eligible low-emissions vehicles. The Coalition opposes the policy, which is estimated to cost the budget $4.5 billion over the decade to 2033, and the legislation has been stuck before the Senate due to a dispute with the crossbench over plug-in hybrids. Plug-in hybrids have more electric chargers and an internal combustion engine, making them not fully carbon-free.

According to the Greens and independent senator David Pocock,  their inclusion in the scheme is effectively a new fossil-fuel subsidy, while Treasurer Jim Chalmers had insisted they be retained for people in regional areas to ease concerns about the range of low emissions cars. Under a compromise struck this week, plug-in hybrids will be phased out of the scheme by April 2025. The crossbench also expects the government to only buy internal combustion and plug-in hybrid cars for the Commonwealth’s large fleet in exceptional circumstances. “The government has worked in good faith with the crossbench on amendments,” Mr. Chalmers said. “These changes are a win for motorists, a win for business, and a win for climate action.”

Electric fleets

As stated in the agreement, the tax office will also issue new guidance on when home charging infrastructure, which can cost thousands of dollars, can be claimed. “The government fleet will go electric and when these cars are sold second-hand it will help bring the cost of EVs [down] for everyday people,” said Greens leader Adam Bandt. The bill is backdated to July 1 this year and car dealerships, as well as electric car groups, have been urging parliament to reach a deal as swiftly as possible.

The industry had been advocating for the temporary inclusion of plug-in hybrids, in part due to the global shortage of electric vehicles and the enormous wait times for some models. “Bold and decisive action is needed to address high EV prices,” said Senator Pocock. Electric vehicle groups and environmental lobbyists have long argued that the much bigger test for EVs and low-emissions cars is the introduction of fuel efficiency standards. Efficiency standards are put on the overall fleet of vehicles that manufacturers sell in a nation and those that exceed the standard are penalized. The tougher the standards are, the more car makers are encouraged to supply electric vehicles or low emissions options.

Tags: Australia EV salesDavid Pocockelectric vehiclesJim Charmersplug-in vehicles
Tweet54SendShare15
Previous Post

Offline OST to PST Converter – Conversion Made Simple

Next Post

SBF or His Inner Circle won’t get paid anything now: Bankruptcy Filing

Meghana Kandra

Meghana studied PGD in Journalism, open university. She has more than five years of experience in content writing, from creative content development to online journalism. Electric vehicle enthusiast, engineer, and feminist.

Recommended For You

Zuckerberg, Meta Directors Settle $8 Billion Privacy Trial

by Anochie Esther
July 18, 2025
0
Zuckerberg

In a sudden twist that ended what could have been a landmark courtroom showdown, Meta Platforms CEO Mark Zuckerberg and several current and former directors reached a settlement...

Read more

Samsung Chairman Jay Y. Lee Cleared in 2015 Merger Case

by Anochie Esther
July 18, 2025
0
Lee

In a pivotal ruling that removes a significant legal overhang, South Korea’s Supreme Court on July 17 cleared Samsung Electronics Chairman Jay Y. Lee of all charges related...

Read more

Microsoft Salaries Revealed, AI Teams Earning More Than Ever Amid Strategic Shift

by Anochie Esther
July 18, 2025
0
Microsoft

Amid significant layoffs and an aggressive pivot to artificial intelligence, Microsoft finds itself under the spotlight once again this time not for job cuts or corporate strategy, but...

Read more
Next Post
SBF or His Inner Circle won't get paid anything now: Bankruptcy Filing

SBF or His Inner Circle won't get paid anything now: Bankruptcy Filing

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple Artificial Intelligence bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?