The NSW Electric Vehicle Strategy is the NSW Government’s plan to accelerate the State’s EV vehicle fleet of the future.
After reviewing all of the other states EV strategies, it appears to be truely national leading and will provide benefits to all NSW residents and companies..
The strategy, is targeting key areas of action to make New South Wales the easiest place to buy and use an EV in Australia. The Strategy includes rebates, phased removal of stamp duty for EVs, targets for NSW Government fleet, incentives for council and private fleets and major investment to ensure widespread, EV charging coverage.
NSW Key Electric Vehicle Strategy actions
Rebates for new electric vehicle purchases
From 1 September 2021, the NSW Government will provide rebates of $3000 for the first 25,000 EVs sold for under $68,750. These rebates are designed to encourage EV uptake and are targeted to the cars more people can afford.
Phase out of stamp duty for electric vehicle purchases
The NSW Government will remove stamp duty from EVs under $78,000 purchased from 1 September 2021 and from all other EVs and plug-in hybrids from 1 July 2027 or when EVs make up at least 30% of new car sales, at which time a road user charge will also be introduced.
Fleet incentives to help local councils and businesses buy electric vehicles
As previously committed under the NSW Net Zero Plan: 2020-2030, the NSW Government will offer incentives to support medium to large sized fleets, such as local councils, car leasing companies and car share companies, to purchase battery or hydrogen fuel cell EVs. The incentives will be offered through a reverse auction process, ensuring the Government maximises value for money and uptake of EVs in New South Wales.
Building a electric vehicle charging network
The NSW Government will invest $171 million over the next four years to ensure widespread, EV charging coverage so current and future EV drivers can be confident they can drive their vehicles whenever and wherever they need to.
Making it easy to drive an electric vehicle with access to transit lanes
The NSW Government will update policies and legislation to allow EV drivers to use T2 and T3 transit lanes for a limited time to encourage EV uptake.
Regional tourism benefits
The NSW Government will roll out ‘EV Tourist Drives’ across New South Wales to ensure regional communities share in the benefits of EVs. The NSW Government is co-investing in rolling out ultra-fast chargers at 100 km intervals across all major highways in New South Wales to make it easier for city-based and regional EV drivers to travel in regional areas.
The NSW Government will also provide grants to regional businesses to install charging points for their guests to attract EV drivers to explore our State.
For further information on the NSW Electric Vehicle Strategy click on this link; https://www.environment.nsw.gov.au/topics/climate-change/net-zero-plan/electric-vehicle-strategy
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