Australia Set to Impose Incentives for Electric Vehicles – ABC

 

The Albanese government in Australia says it has done a deal with the Greens and independent Senator David Pocock to pass a law this week that offers tax incentives that will make electric vehicles thousands of dollars cheaper, according to a report by the ABC, which added that tax breaks for hybrid vehicles would end in 2025.

Federal Treasurer Jim Chalmers said the deal would fulfill a promise the Labor Party made before the election in May and that the government fleet would change to electric vehicles, while the tax office would issue advice on when home charging infrastructure, which can cost thousands of dollars, can be claimed, the report said.

Read the full report: ABC News.

 

NOTE: Details in this report were amended and a further link added on November 22, 2022.

 

 

ALSO SEE:

 

China’s BYD Races to Second Top Australia EV Brand – Drive

 

Albanese Meets Xi, as Australia and China Eye Warmer Ties

 

Australia, Singapore Agree New ‘Green Economy’ Deal

 

China and Australia Make Rival Bids to Woo Pacific Island Nations