Chalmers did say, however, that the government would “have more to say” about further measures to be delivered as part of the promised National Electric Vehicle strategy, which broadly targets 89% of new cars sales to be electric by 2030, and 15% of all vehicles on the road.Already committed measures to help achieve these targets include a $500 million investment to boost national charging infrastructure and a target for 75% of new Commonwealth government fleet purchases to be electric by 2025.The Electric Car discount legislation introduced on Wednesday also includes the removal of a 5% tariff for eligible electric cars with a customs value below that luxury car tax threshold for fuel efficient vehicles.
It is coming…
AKE Price at posting:
$10.72 Sentiment: Hold Disclosure: Held
