Electric vehicle incentive offers savings to fleet operators

NSW Government

There is $105 million in new incentives on offer for businesses that purchase electric vehicles (EV) for their fleets under the Electric Vehicle Strategy.

A row of electric cars charging at a charging station.

The NSW Government-led initiative will provide a range of savings, such as stamp duty waivers and rebates on all eligible EV purchases after 1 September 2021.

Fleet operators can also save up to $3,100 on annual running costs while reducing carbon emissions by making the switch.

The NSW Government is contributing $171 million for new charging infrastructure across the state. This includes:

  • $131 million for new ultra-fast vehicle chargers
  • $20 million in grants for destination chargers to assist regional tourism, and
  • $20 million for charging infrastructure at public transport hubs.

Treasurer and Energy and Environment Minister Matt Kean said the Electric Vehicle Strategy means NSW is on track to have EVs make up more than half of new cars on the road by 2030.

"EVs are cheaper to run, quieter on our roads, reduce air pollution, and are better for our health - all great reasons why we want more and more people enjoying electric vehicles right across our state," Mr Kean said.

The first round of the EV fleet incentive opens on 30 November 2021.

Learn more about accessing and registering interest in the EV fleet incentive

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