The Victorian Government is set to introduce a $3,000 subsidy for Zero Emissions Vehicles (ZEV), as part of the government’s plan to meet a target of zero net emission by 2050.
The Victorian Government has also committed $100 million in order to make ZEVs cheaper, as well as to encourage the implementation of ZEVs into commercial fleets.
The state government has set a target for ZEV purchases, hoping for half of all new car sales to be ZEVs by 2030.
The subsidy will be available for more than 20,000 ZEV purchases from May 2.
The state government is investing a further $19 million into road infrastructure at major highways, as well as other key locations across Melbourne and regional Victoria.
The Government will also invest $10 million to add ZEVs to the Government fleet, starting with 400 vehicles in the next two years. A $5 million innovation fund will work to support the uptake of ZEVs in the commercial sector.
“Our transport sector is a significant contributor to our emissions. This package of reforms makes cars the vehicle for change, by getting more zero emissions vehicles on our roads,” Minister for Energy, Environment and Climate Change Lily D’Ambrosio said.
Victoria’s Minister for Public Transport, Ben Carroll said the subsidy would help to grow the market for ZEVs.
“Electric and zero-emissions vehicles are the future of transport – and we’re making sure more Victorians can buy a clean, sustainable car as we prepare for this transport revolution,” Carrol said.
Victoria will work in conjunction with the other states to achieve a consistent and broad national approach for the rollout of ZEVs.
Related stories:
- Port Phillip Council works with maintenance contractor on zero emissions and AI innovations
- EOIs sought for NSW zero emission bus trials
- Low-emissions asphalt evolution with Citywide