Australian Electricity Giants Want More Incentives Destined for EV Buyers

2018 Tesla Model 3 1 photo
Photo: Tesla Motors
Thanks to a partnership between Tesla and two power retailing companies in Australia, customers of electric cars could get deductions of up to $8,000 when purchasing a new EV.
Tesla Motors is asking the Australian government and its legislators to implement several policy changes, including incentives and emission regulations, in order to support the acquisition of electric vehicles.

The American carmaker is joined in its endeavor by energy suppliers AGL Energy and Transgrid. The two energy giants figured out they would have significant benefits if they get consumers to buy more power each month, while the eco credentials alone would help their image.

Furthermore, Australia’s pressing greenhouse gas problem could be partly solved by popularizing electric vehicles, the Sydney Morning Herald informs.

The unveiling of the Tesla Model 3, which saw hundreds of Australians lined up in Melbourne and Sydney to place a deposit, raised the attention of the two electricity providers.

According to Choice, only eight Tesla Supercharger stations are installed in the country. When compared to Europe or the USA, it is a small number.

The aid of two electric suppliers would help Tesla build more superchargers for its customers, while owners of other electric vehicles could benefit from an enhanced infrastructure for EVs. After all, electricity suppliers are essential not only for the charging network but also for the success of electric cars.

If customers cannot acquire cheap electricity at home to charge their vehicles, there is no chance electrics will be popular in the country. But governments can support this with incentives for those who buy and drive electric vehicles.

Thus, owning an EV can be made tempting with the help of lawmakers, through measures such as purchase incentives, annual deductions, reduced parking fees, and priority lanes.

According to a report published on Thursday, titled “The Path Forward for Electric Vehicles in Australia,” the $8,000 in benefits could be achieved by the government with targeted incentives like exemptions from the Fringe Benefit Tax. Such benefits are not uncommon, and other states have used them in the past to favor the acquisition of eco-friendly vehicles.
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About the author: Sebastian Toma
Sebastian Toma profile photo

Sebastian's love for cars began at a young age. Little did he know that a career would emerge from this passion (and that it would not, sadly, involve being a professional racecar driver). In over fourteen years, he got behind the wheel of several hundred vehicles and in the offices of the most important car publications in his homeland.
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