In NSW the government unveiled a plan to abolish stamp duty on electric vehicle purchases for eligible electric vehicles priced under $78,000 that are purchased from 1 September 2021. The new policy also included rebates of $3,000 to be offered on private purchases of the first 25,000 eligible electric vehicles under $68,750 which are sold in NSW from 1 September 2021. The strategy is intended to increase EV sales to 52% by 2030–31 and help NSW achieve net-zero emissions by 2050.
The Victorian government has announced it will provide 20,000 subsidies of up to $3,000 for new electric vehicle purchases under $69,000, as part of a $100-million plan to encourage electric vehicle use. The first 4,000 subsidies were made available immediately.
In Victoria drivers will be subject to a per-kilometre fee with 2.5 cents per kilometre to be charged for electric cars and 2 cents per kilometre for hybrids from 1 July this year. NSW drivers will be charged the same fees but only from 1 July 2027. In NSW the government will also allow electric vehicles drivers to use T2 and T3 transit lanes for a limited time to encourage EV uptake.
Both states also announced government commitments related to support infrastructure. Victoria will spend $19 million on new charging stations and $10 million to expand the government EV fleet by 400 cars over the next two years. In NSW the government committed to spend $131 million to be spent on 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 on Transport for NSW owned land. There will also $33 million allocated to help transition the NSW Government passenger fleet to EVs where feasible, with the target of a fully electric fleet by 2030.