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New electric vehicle report finds more Australian buyers would consider buying one but wanted Government subsidies to reduce the cost.

In its annual State of Electric Vehicle report the Electric Vehicle Council (EVC) surveyed  nearly 3,000 Australian consumers and found 56 per cent would now consider an electric car purchase, up from 53 per cent in 2019. However, another 68 percent said they wanted Government subsidies to reduce the cost of electric cars – only 8 of the 28 all-electric models here  are priced below $65,000. Given the current state of Government coffers due to the pandemic there seems little hope there’ll be any electric vehicle subsidies in the short term – and of course critics of electric cars claim buyers already get a free kick by avoiding fuel excise, much of which goes into consolidated tax revenue and paying for roads. While Australia doesn’t offer electric cars specific subsidies the luxury car tax threshold for them is set higher at $77,565, buyers also benefiting in NSW, Queensland, Victoria and ACT with reduced registration fees.

I’m David Berthon

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