Sales of EVs in this country tripled from 6,900 in 2020 to 20,665 in 2021 () on the back of incentives by state and territory governments to support their uptake. Most offer an exemption on stamp duty or registration and some provide a modest rebate to reduce the upfront cost of purchasing an EV.
These incentives are attractive, but they haven’t been enough for EVs to make a large dent in the car market. Sales of EVs in Australia account for only 2 per cent of total sales (State of Electric Vehicles, March 2022) against figures of 15 per cent for the United Kingdom and 25 per cent Germany – and against a global average of 9 per cent.
A lack of impetus at a federal level to increase Australia’s appeal to global EV manufacturers partly explains this. Countries where EVs are bought in substantial numbers have government policies that focus on attracting a healthy supply of EV models and stimulating consumer demand. They also offer strong incentives to raise the consumer appeal of EVs.
At the start of May this year, the Federal Government and the Western Australian Government are the only jurisdictions in this country not to offer some form of incentive to accelerate EV uptake.