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Subsidy battle brewing over electric cars

Subsidy battle brewing over electric cars Experts acknowledge there are many cheaper ways to reduce carbon dioxide emissions than electric cars. Jaguar’s I-PACE is an electric car.  Jaguar Land Rover Share Tony Wood, one of Australia’s foremost energy experts, recently bought an I-PACE, a Jaguar electric car that can hit 100km/h in under five seconds while playing songs from his Spotify account. Wood, an analyst at the Grattan Institute think-tank, wanted to explore alternatives to the internal combustion engine and help the planet. He loves driving the car but has found some practical difficulties. “Getting a charging facility in an apartment building is currently a bit of a chore,” he says.

Constance correct: electric vehicles set to deliver huge boost to NSW

Electric Vehicle Council New South Wales can join the world in capturing the abundant benefits of electric vehicles if it pulls the right levers in the upcoming budget, according to the Electric Vehicle Council. NSW Transport Minister Andrew Constance is today reported as saying the state government should not introduce a special EV levy until electric vehicles made up 40 to 50 per cent of the car market, saying “we will be judged… [on who] scales up EVs and improves our air quality and our public health and at the same time delivers for our environment.” Mr Constance has also today proposed waiving stamp duty, access to transit lanes, and subsidised parking for electric cars.

Victorians get $3000 subsidy for electric cars

Victorians get $3000 subsidy for electric cars Victorians get $3000 subsidy for electric cars May 03, 2021 New $100 million EV cashback policy aims to encourage electric vehicle uptake The Victorian government is now providing a subsidy of up to $3000 to encourage people to buy electric cars. Initially applying to new electric vehicles priced below $68,740, Australia’s first significant EV rebate is part of the state government’s pledge to cut greenhouse gas emissions by 45-50 per cent by 2030 and reach net zero emissions by 2050. A key plank of the $100 million strategy is to have 50 per cent of all new car sales in Victoria to be zero-emissions vehicles by 2030.

New Victorian target and subsidies for EVs could help push Australia back toward global pack

Electric Vehicle Council The Electric Vehicle Council (EVC) has welcomed the intent shown by the Victorian Government with its commitment to achieving half of all new car sales to be electric by 2030 and subsidies for new electric vehicle sales. EVC chief executive Behyad Jafari said today’s announcement was a welcome step. “This is exactly the kind of momentum we need in Australia if we want to join the rest of the world in embracing the transition to electric vehicles,” Mr Jafari said. “We know from surveys that Australians are eager to get behind the wheel of an electric vehicle, they just need to know their governments will back that decision. Policies like this tell Australians that buying an electric vehicle is a choice they can make with confidence.

Electric vehicles Victoria: Treasurer floats $5000 rebates but critics pan scheme

Advertisement State Treasurer Tim Pallas has proposed a financial sweetener of up to $5000 for 10,500 people who buy new electric vehicles, as part of the government’s push to see its controversial electric vehicle tax become law. But the proposed subsidy has been greeted with incredulity by some in the automotive industry, and was described by the managing director of Volkswagen Group Australia, Michael Bartsch, as a “thought bubble response to placate justified criticism of a thought bubble tax”. Tim Stewart lives in a regional area and bought a plug-in hybrid for flexibility but says the electric vehicle tax would make it expensive.

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