Subsidies on electric vehicles explained

The Government introduced a subsidy on electric vehicles from July 1. 

It offers $8625 for new electric vehicles and hybrids and $3450 for a second hand imported vehicle. Only cars priced under $80,000 and safer models are eligible for rebates.

Fees on higher emitting vehicles will begin on January 1 next year. The rebate scheme will also expand on that date to include low emissions vehicles. 

Low emissions fuels such as biofuels and hydrogen will also become eligible for funding.

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