Queensland doubles its EV rebates
Sunshine staters can now get up to $6000 back on new EVs priced below $68KThe Queensland state government has doubled down on its electric vehicle incentives, today announcing it has increased the ‘Zero Emission Vehicle Rebate’ from $3000 to $6000 and elevated the dutiable vehicle value threshold from $58,000 to $68,000 – excluding dealer delivery fees.
What’s more, EV owners in the sunshine state who have already taken advantage of the previous $3000 rebate are eligible to be reassessed to receive an additional $3000 payment, ensuring they’re not left short-changed.
The incentives, which put Queensland at the forefront of state and federal EV subsidies, are applicable to households with a total gross income of up to $180,000 per annum.
“We’re seeing the prices of EVs fluctuate on the back of rising materials costs and inflation left by the Morrison government, so we’ve increased the eligible price cap to $68,000 and increased the rebate amount from $3000 to $6000 for eligible households,” said Queensland Minister for Energy, Renewables and Hydrogen, Mick de Brenni.
“This is about making EVs more affordable and more accessible to all Queenslanders to slash emissions and act on climate change with cleaner technology.
“We want more zero-emission vehicles on Queensland roads with Queensland families to have access to cheaper and cleaner vehicles.”
The move was predictably welcomed by the Federal Chamber of Automotive Industries, with FCAI CEO Tony Weber reiterating affordability is the biggest hurdle in the uptake of electric vehicles.
“It is a step that is consistent with the issues raised in the Fuel Efficiency Standard discussion paper released by the Federal Government earlier this week and provides an opportunity for even more Queensland businesses and families to consider an electric vehicle as their preferred choice for work and recreation,” he said.
No changes have been made to the rest of the state’s wider 2022-2032 Zero Emission Vehicle Strategy, which aims for ZEVs to account for 50 per cent of all new vehicle sales by 2030 and 100 per cent by 2036, and for all government fleet vehicles – where fit for purpose – to be ZEVs by 2026.
Other states offering monetary rebates for the purchase of an EV include New South Wales ($3000), Western Australia ($3000), Victoria ($3000), South Australia ($3000) and the Northern Territory ($1000), along with myriad other incentives.
The Australian Capital Territory and Tasmania don’t offer any rebates, but do waive the stamp duty and offer two years of free registration on eligible vehicles.
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