Queensland offers $3,000 grant to buyers of electric cars including Hyundai Ioniq, Kona, Nissan Leaf


Queenslanders will be offered a $3,000 grant if they purchase an electric vehicle with a purchase price of less than $58,000 within the next three years.

Prime Minister Annastacia Palaszczuk announced the policy, which will cost the government $15 million a year, on Wednesday morning.

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“This will help Queenslanders wait for electric vehicles to become more accessible and affordable so they can make the switch,” she said in a statement.

“This announcement is a key part of our zero-emission vehicle strategy: the goal is to reduce our emissions and reduce the impact of climate change.”

The $58,000 cap on the purchase price means the subsidy will only be available to buyers of six models: Hyundai’s Ioniq and Kona models, Nissan Leaf, MG’s ZS Essence and BYD’s new Atto models.

Ms Palaszczuk said the government would also commit $10 million to jointly fund charging stations with local governments and businesses.

File image of the Nissan Leaf being charged. Credit: John Walton/PA Images/Getty Images

The Sunshine State has long had one of the most stingy electric vehicle purchase incentives of any state or territory, offering buyers about $350 in registration and stamp duty savings over five years.

NSW, South Australia and Victoria are already offering $3,000 rebates for EV purchases.

Advocacy group Solar Citizens hailed the subsidy because it would reduce emissions and lower the cost of living amid high fuel prices.

“The $3,000 rebate is a practical step to reduce the cost of electric vehicles and puts Queensland on the same page as states like NSW and South Australia that are encouraging the adoption of cleaner cars,” said the strategist Stephanie Gray.

However, she said the high purchase prices of many electric vehicle models remained a barrier for many people, so more government support and incentives were needed.

She said incentives for automakers to build electric vehicles locally and commitments to electric public transport would help.

“There’s a lot more that states and the federal government can do to reduce the upfront cost of cleaner electric cars so Australians can take advantage of the fuel savings,” Ms Gray said.

A recent Australia Institute poll of 2,600 Australians showed 71% supported subsidies for the purchase of electric vehicles, while 74% said the government should pay for a network of charging stations.

The Climate of the Nation poll found that 64% of respondents want all new cars sold in Australia to be zero emissions by 2035.

The interior of a Hyundai Ioniq.  File picture.
The interior of a Hyundai Ioniq. File picture. Credit: Sjoerd van der Wal/Getty Images

How initiative stacks

queensland

  • $3,000 rebate for the first 15,000 EVs sold under $58,000
  • $11 million for new charging station infrastructure
  • Stamp duty and registration savings of approximately $350 over five years.

New South Wales

  • $3,000 rebate for the first 25,000 EVs sold under $68,750
  • Stamp duty waived for electric vehicles under $78,000
  • Road user charges as sales reach 30% or from 2027
  • EV sales target of 52% by 2030

southern australia

  • $3,000 rebate for the first 7,000 electric vehicles sold under $68,750
  • Road user charges as sales reach 30% or from 2027
  • Three-year registration exemption for electric vehicles sold for less than $78,000
  • Aim for all passenger vehicle sales to be electric by 2035

Victoria

  • $3,000 rebate in $46 million subsidy program for 20,000 electric vehicles
  • $100 off electric passenger vehicle registration and “luxury vehicle” tax exemption
  • Road use charge for electric vehicles of 2.5 c/km
  • Target of 50% sales of new zero-emission light cars by 2030

Western Australia

  • $21 million for three Perth long-distance charging networks in Kununurra, Esperance and Kalgoorlie
  • Goal of 25% sales of new light-duty passenger cars and small-to-midsize zero-emission government SUVs by 2026

ACT

  • Free EV registration for two years, stamp duty waived on new vehicles
  • Interest-free loans of up to $15,000 for households and nonprofit organizations to purchase zero-emission vehicles.

Tasmania

  • Two-year exemption on purchases of electric vehicles and on registration for car and coach rental companies
  • $1,000 grant to owners of electric vehicles who rent their car through car-sharing programs

North territory

  • Registration reduced from $632.75 to $1,272 for five years
  • Stamp duty reduced by $1,500 for five years
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