New Savvy analysis has found that battery electric vehicle (BEV) share fell sharply in New Zealand, Canada and Germany after government purchase rebates and subsidies ended, raising questions for Australia as the Federal Government winds back the Electric Car Discount. The discount removes fringe benefits tax (FBT) from eligible EVs provided through salary packaging, making…
Tag Archive for Electric Vehicle
Australia’s BEV share has grown more than tenfold since 2021
by themovieboards - Editor •
New Savvy analysis comparing EV uptake across 16 countries found Australia’s battery electric vehicles share has grown more than tenfold since 2021, when electric cars accounted for just 1.6% of new vehicle sales. Australia now has a higher BEV market share than the US, Canada, Japan, Spain and Italy, and sits only slightly behind New…
Dr Monique Ryan expressed relief after the Albanese Government confirmed it will retain the EV tax discount for a further three years
by themovieboards - Editor •
After campaigning for months to retain the electric vehicle (EV) tax discount during a historic cost-of-fuel crisis, Dr Monique Ryan, Independent MP for Kooyong, has expressed relief after the Albanese Government confirmed it will retain the discount for a further three years. “The FBT exemption has driven more than 105,000 additional EV purchases since 2022…
More Kiwis eyeing electric transport
by themovieboards - Editor •
The ongoing uncertainty around global fuel supplies has sharpened public awareness of fuel security, increased interest in electric vehicles and led to a surge in demand for public EV charging. “The conversation around EVs is beginning to flip. Concerns once centred on charging availability, affordability and range anxiety, but those issues are being addressed and…