Under the plan, the NSW government will waive stamp duty for electric vehicles priced under $78,000 – just below the luxury car tax threshold – and an additional $3,000 rebate will be available for the first 25,000 purchases of battery and hydrogen fuel cell vehicles with a price below $68,750. The support is designed to both lower the cost of electric vehicles, as well as encourage car makers to bring lower cost models into the Australian market.But this extra support will be counterbalanced by new fees to be paid by electric vehicle drivers, with the NSW government becoming the latest jurisdiction to introduce a road user fee for electric vehicles, similar to a new per-kilometre tax introduced in Victoria. It is understood that the introduction of a per-kilometre tax on electric vehicles in New South Wales has been ‘deferred’ and will commence in 2027. QUOTE Good news for the industry IMO.
