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RACE for 2030: Business Fleets and EVs briefing

Business fleets are an effective pathway for early adoption of BEVs but the availability of workplace charging infrastructure is low.

Thank you for joining RACE for 2030 and our partners in a webinar discussion about our recently released report “Business Fleets and EVs: Taxation Changes to Support Home Charging from the Grid” last June 28, 2022 with our notable speakers:

Shreejan Pandey – RACE for 2030
Anna Mortimore – Griffith University
Diane Kraal – Monash University
Mace Hartley – Australasian Fleet Management Association (AfMA)

Key Findings: 

  • There is a lack of business site charging infrastructure for EVs.
  • Statistics show that most employees park at home every night, so home charging is a solution to increasing fleet EVs.
  • There are challenging barriers to home charging fleet EVs, such as tax imposts on driving a car home to charge, home charger costs, and the use of home energy to charge.
  • Changes to Australia’s current Fringe Benefits Tax and income tax would provide solutions  ̶  as seen in European countries with high numbers of EVs, such as Norway, Netherlands and Germany
  • Battery electric cars will be the best option for fleet managers once effective tax changes are made in Australia

Proposed Short-Term Tax Benefits: 

  • Fully exempt from Fringe Benefits Tax, if they are provided by an employer;
  • Provided the concession of a higher cost limit for depreciation;
  • Eligible for 100 percent instant-asset-write-off, which would exclude petrol cars, and;
  • Powered by tax-deductible chargers at a fleet employee’s home.

Recommended Long Term Changes: 

  • The Fringe Benefit Tax for cars be based on CO2 emissions;
  • The government subsidises fleet employers’ cost and installation of EV chargers in fleet employees’ home; or,
  • The government rebates fleet employees for cost and installation of EV chargers at home.