Electric vehicles are the minnows of the new car industry in Australia, but they’re fast becoming the main game. In the first six months of 2022, EVs made up almost 2% of the market, but that’s expected to rise significantly in the second half of the year.
The increased interest is set to ramp up following the newly elected Labor government’s move to introduce a bill that exempts those driving electric cars below the luxury car tax threshold ($84,916) from fringe benefits tax. There are potentially big savings.
It comes off the back of the ACT’s move to ban the sale of new petrol and diesel vehicles by 2035, something the head of the Electric Vehicle Council, Behyad Jafari, says aligns with plans by other major markets that account for 42% of the world’s new car sales.
While there’s little chance car makers will change their planning to capture a slice of the ACT’s circa-1.5% market share, Jafari says it’s a significant moment because it’s “the first one to say it out aloud”.
“It” is the inevitable shift to zero-emissions vehicles. Do the numbers and it’s clear we’re in for a major ramp-up of EVs.
In the lead-up to the election, Labor said it wanted 3.8 million EVs on the road by 2030. That means about half of all vehicles sold between now and the end of the decade would need to be electric.
With a target to hit net zero carbon dioxide (CO2) emissions by 2050, transport is seen as an easy win given the technology is proven and becoming more affordable, especially once significantly lower running costs are factored in.
ãã®èšäºã¯ Money Magazine Australia ã® September 2022 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Money Magazine Australia ã® September 2022 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Is the public market shrinking?
Australia needs a healthy stock market to give companies access to funds and to allow retail investors to build wealth.
India: three steps to transformation
Massive investment and extensive reforms turbocharge the economy.
The ballet of business
Changing direction, products, models and marketing is a hard task for a business. We chart what it takes to turn a business around, plus profile four successful pivots.
Save money and the planet
Could the high cost of living give us the incentive we need to reduce how much water and energy we use or waste? These eco-friendly household tips will help you do just that.
AI adoption is the new black
Artificial intelligence is set to reshape the commercial world, and small enterprises canât afford to miss the boat.
Spam attack! Murky laws jam our inboxes
Unwanted marketing material is one of the pain points of modern life.
From rags to riches in style
Rich Tran sported a bowl cut until he was 14 years old and had no intention of becoming a hairdresser.
New work deals are killing the 'old' office
The Covid pandemic and the subsequent lockdowns accelerated the trend to more people working from home. It was a mixed experience.
Points taken: the truth about rewards
Can hopping between credit cards really boost your frequent flyer haul and give you cheap or free travel - or is it doing more harm than good behind the scenes? Money puts it to the test.
Shortcuts to own a home
Innovative ideas with a focus on low costs and sustainability could help solve the housing crunch.