Six key action areas were outlined in the NSW EV Strategy with the goal of making New South Wales the easiest place to buy an Electric Vehicle in Australia.
The NSW Government has announced a plan to accelerate the uptake of electric vehicles in the State. The Electric Vehicle Strategy outlines the governments commitment to increasing the use of electric vehicles to provide benefits to both individuals and the community by lowering emissions, and reducing vehicle running costs.
Six key action areas were outlined in the Strategy with the goal of making New South Wales the easiest place to buy an Electric Vehicle in Australia. Outlined in the strategy are EV rebates, the phased removal of stamp duty for EVs, incentives for councils and private vehicle fleets including the NSW Government as well as major investment in world class charging stations across the state.
This follows similar recent announcements by the Victorian Government who announced their plan ambitious plan for 50% of all light vehicles on Victorian roads to be zero emissions by 2030. The VIC Governments Zero Emissions Vehicle Roadmap is supported by a$100 million dollar package of policies and programs, including subsidies, charging station infrastructure, ZEV public transports and various commercial and fleet incentives.
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NSW Key Electric Vehicle Strategy actions
Here is a snapshot of key actions under the Strategy which will support the uptake of electric vehicles.
Rebates for new electric vehicle purchases
From 1 September 2021, the NSW Government will provide rebates of $3000 for the first25,000 EVs sold for under $68,750. These rebates are designed to encourage EV uptake and are targeted to the cars more people can afford.
Phase out of stamp duty for electric vehicle purchases
The NSW Government will remove stamp duty from EVs under $78,000 purchased from 1September 2021 and from all other EVs and plug-in hybrids from 1 July 2027 or when EVs make up at least 30% of new car sales, at which time a road user charge will also be introduced.
Fleet incentives to help local councils and businesses buy electric vehicles
As previously committed under the NSW Net Zero Plan: 2020-2030, the NSW Government will offer incentives to support medium to large sized fleets, such as local councils, car leasing companies and car share companies, to purchase battery or hydrogen fuel cell EVs. The incentives will be offered through a reverse auction process, ensuring the Government maximises value for money and up take of EVs in New South Wales.
Building a world-class electric vehicle charging network
The NSW Government will invest $171 million over the next four years to ensure widespread, world-class EV charging coverage so current and future EV drivers can be confident they can drive their vehicles whenever and wherever they need to.
Making it easy to drive an electric vehicle with access to transit lanes
The NSW Government will update policies and legislation to allow EV drivers to use T2and T3 transit lanes for a limited time to encourage EV uptake.
Regional tourism benefits
The NSW Government will roll out ‘EV Tourist Drives’ across New South Wales to ensure regional communities share in the benefits of EVs. The NSW Government is co-investing in rolling out ultra-fast chargers at 100 km intervals across all major highways in New South Wales to make it easier for city-based and regional EV drivers to travel in regional areas.
The NSW Government will also provide grants to regional businesses to install charging points for their guests to attract EV drivers to explore our State.
Further information about NSW Electric Vehicle Stagey is available on the NSW Government website or Energy Saver website.
Further information about VIC Zero Emission Vehicles Roadmap is available on the Energy Vic Website.
Source: NSW Department of Planning, Industry and Environment – 20th June 2021