NSW commits an extra $38m to EV charging
Extra funding will see the installation of hundreds of on-street chargers, building upgrades and more grantsThe New South Wales state government has committed an extra $38 million to its NSW Electric Vehicle Strategy, taking the plan’s total budget to $633 million and ensuring the installation of hundreds of additional EV chargers.
Broken down into three focus areas, the extra funding was announced as part of yesterday’s state budget and is intended to “leverage significant private sector investment to service” the growing demand for EV charging infrastructure.
A healthy $10 million slice of the cash injection will be used to co-fund 500 kerbside charging points in on-street parking residential areas, specifically for those without or with minimal access to off-street parking or charging.
Another $10 million will be put towards the relevant electrical upgrades of around 125 medium-to-large apartment buildings – with more than 100 car spaces – so EV owners can charge their vehicles closer to home, while the remaining $18 million will be used to increase the number of grants available for more fast-chargers.
The number of charging points will also be upped in high-density urban areas from four to “at least eight”.
NSW Treasurer and Minister for Energy, Matt Kean, said the extra chargers would allow more EV drivers to “benefit from their cheaper running costs and a cleaner, quieter and more sustainable road network”.
“You’ll never be far from a charger on our major highways, in regional destinations, apartment buildings and on kerbsides in metropolitan areas with limited off-street parking,” he said.
“This funding will help communities stay connected and help holidaymakers hit the road to enjoy weekend trips as NSW motorists gear up for the next era of driving.”
The announcement has predictably won favour with various industry bodies including the Federal Chamber of Automotive Industries (FCAI) and Electric Vehicle Council (EVC), with the former’s chief executive, Tony Weber, describing this sort of investment as a “key priority” in Australia’s electric transition.
“Building 500 kerbside charge points and equipping 125 apartment buildings to take on EV charging upgrades is going to help make owning a battery electric or plug in hybrid vehicle more realistic for NSW motorists,” he said.
“Continuing infrastructure investment in electric vehicle charging prepares Australia’s automotive fleet for a fully electrified future.”
The NSW government’s EV infrastructure announcement follows the rollout of electric vehicle purchasing incentives in that Australian state and all others since September 2021.
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