Australia’s Electric Vehicles Discount Bill Passed

As electric vehicles (EVs) are growing in popularity, the government is introducing more incentives to support the reduction of petrol vehicle use in order to help decarbonise the transport sector.

According to the Australian Government’s ‘National Greenhouse Gas Inventory, in 2021, the transport sector was Australia’s third largest source of greenhouse gas emissions, accounting for 19% of all emissions.

Thanks to the Electric Car Discount Bill which was passed last week, you can now own an EV for the same cost as a comparable petrol model. Vehicles valued up to $84,916 are now eligible for this fringe benefits tax (FBT) exemption. Requirements for this include having a new vehicle that hasn’t been used before July 2022. This program aims to save drivers around $3,000 – $5,000 per year.

With the rollout of more EVs on the road, more people will require access to EV chargers. Here at Ecovantage, we are pleased to provide you with charging station solutions that can accommodate both business and hospitality needs. Investing in a charging station can also generate a new source of income and contribute towards a substantial reduction in greenhouse gas emissions.

Ecovantage continues to be the leader in sustainable technologies businesses, and we have plenty of experience and expertise in projects supported by local and federal government incentives and grants.

Ecovantage is your partner for electric vehicle charging. Having installed chargers all over the country, we will be there every step of the way, from purchase and installation to setup and demonstration, and providing expert ongoing support. Speak to one of our EV charger specialists today.