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Financial incentives for EV purchases

The Sydney Morning Herald (SMH) has revealed that a leaked official report said financial incentives are the best way to encourage the purchase of electric cars.

According to SMH, this has put pressure on the Turnbull government to overcome internal opposition regarding the issue.

A second report is set to be released stating that Australia remains lacking behind other countries in sales of electric vehicles.

Government backbenchers have otherwise advised against making subsidies available.

Liberal MP Craig Kelly said: “you’ll have the rich person in Balmain buying a Tesla, subsidised by the bloke in Penrith who’s driving a Corolla”.

Sales of electric vehicles jumped by 67% in 2017, with 2284 sales.

In March 2018, the Greens proposed a policy to ban the sale of new petrol and diesel cars by 2030.

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