EVS SET TO DROP IN PRICE

Electric vehicles finally look set to drop in price with Government agreement to cut importers a tax break. The scheme will exempt EVs from import tariffs as well as fringe benefits tax, making the vehicles more affordable. The Electric Vehicle Council has welcomed the decision as a “landmark moment” for EV policy in Australia. Chief executive Behyad Jafari said making new EVs easier to buy will turbocharge the creation of a strong second-hand market for EVs, which is vital for affordability. “If the Federal Government combines this bill with new… Read more

SALES OF ELECTRIC VEHICLES IN AUSTRALIA MORE THAN TRIPLED IN 2021

The Electric Vehicle Council has released 2021 sales figures saying that: “Australia at the precipice of an EV economic boom – if the federal government plays its cards right this year.” Sales of electric vehicles (EV and Plug-In Hybrid EV) more than tripled in the past year from 6,900 in 2020 to 20,665 in 2021. They now account for 1.95% market share of new vehicles, up from 0.78% in 2020. TOP 10 EV & PHEV MODELS: Tesla Model 3 (EV): 12,094 MG ZS (EV): 1,388 Mitsubishi Outlander (PHEV): 592 MG… Read more