New Incentives for Aussie Electrification

As part of its goals of driving down emissions and meeting its net zero commitment by 2050, the state of Queensland is committing AUD$55 million investment to fund subsidies for electric vehicle buyers and expand charging infrastructure.

Through the Queensland Zero Emission Vehicle Strategy 2022-2032, AUD $45 million will be dedicated to incentives amounting to $3,000 for purchases of EVs cheaper than $58,000 from July 1.

“We know more and more Queenslanders are transitioning to electric vehicles as more come on the market,” QLD Premier Annastacia Palaszczuk said.

“It will also support jobs and create a better environment.”

While the EV rebate is the same dollar amount as other programs in other states, the price cap is lower.

According to Transport Minister Mark Bailey, this is because the Queensland Government did not want to subsidise people “who can easily afford well-off vehicles”. This makes vehicles like the BYD Atto 3, MG ZS, Hyundai Ioniq, Nissan Leaf, Hyundai Kona short-range, and the Mini Cooper SE eligible.

Meanwhile, $10 million will be used to build new charging stations. The Queensland Electric Super Highway currently provides 31 fast-charging sites, connecting Coolangatta to Port Douglas, and from Brisbane to Toowoomba

“We revolutionised electric vehicle travel through the Queensland Electric Super Highway, which is currently being expanded to almost 3800km, and now Queenslanders will have even more charging stations to use,” the Premier added.

“Not only does this encourage people to buy electric vehicles, it gives the automotive industry confidence to set up shop in Queensland.