South Australians in the market for a new electric vehicle are being encouraged to ‘get in quick’ and take advantage of the South Australian Government’s $3,000 subsidy, with applications now open via the Department for Treasury and Finance website.

The incentive – part of the Government’s sweeping reforms to help drive the take-up of zero and low emission vehicles – will be available for 7,000 eligible new battery electric and hydrogen fuel cell vehicles registered in South Australia from 28 October 2021 (when the new Motor Vehicles (Electric Vehicle Levy) Amendment Bill 2021 passed State Parliament).

That means local motorists who may have ordered a new eligible battery electric vehicle prior to that date but are still waiting for delivery – and therefore, haven’t registered the vehicle yet – will still be able to apply for the subsidy.

The reforms have the backing of key industry groups, including the RAA.

The South Australian government consulted widely with industry, manufacturers and other interest groups who supported the critical reforms to help drive the take-up of environmentally friendly zero and low-emission vehicles in South Australia.

There will be a price cap of $68,750 (inc GST) to provide an incentive to bring lower-priced electric vehicles to the market and avoid subsidising expensive electric vehicles.

Other incentives include a 3-year motor registration fee exemption for new battery electric and hydrogen fuel cell vehicles first registered from 28 October 2021 up until and including June 30, 2025. The exemption will apply for three years from the vehicle’s date of purchase.

The subsidy and registration fee exemption will not be available for plug-in hybrid electric vehicles or second hand vehicles.

For more information and to apply for the $3,000 subsidy, visit: https://www.treasury.sa.gov.au/Growing-South-Australia/incentives-for-electric-vehicles

Tuesday 7 December 2021