Greens Reveal EV Incentive Plan – Free Registration, Charging Infrastructure Funding

The Australian Greens has announced a radical plan to accelerate the adoption of electric vehicles in Australia by increasing the luxury car tax on conventionally-fuelled cars over $100,000, and using part of those funds to provide buyers of new EVs with free registration for the first five years of ownership.

"The federal government should provide incentives for people taking up this clean and reliable source of transport, through paying the cost to the states of registering new electric vehicles for up to five years," said Greens leader Richard Di Natale.

"The old dirty power sources like diesel and coal are on their way out and we need to support industries like electric vehicles to move toward a more innovative future.”

The party’s EV plan also includes a $50 million fund to help bridge the gap in cost between conventional and electric cars up to a value of $15,000 per car, meaning a minimum of 3333 cars could be incentivised through the fund.

That assistance will only be provided to government and non-government fleet buyers, however the Greens says this will help increase the number of electric vehicles available on the used-car market - and thus the affordability of EVs to the general motorist - as those fleets are sold off.

A $151 million fund will also be established to assist local and state government agencies - as well as private car park companies - who wish to set up EV charging stations for public use. Up to $45,000 of assistance would be provided per charging station.

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