NSW Treasurer and Energy Minister Matt Kean says the second round of the NSW government’s EV fleet initiative will add another 1,000 electric vehicles the state’s roads.
The Treasurer said that the additional EVs resulting from the first two rounds would boost NSW EV registrations by more than 10%, or a total of 2,000 vehicles, and the third round of funding is now open.
The NSW Government is investing $105 million to support commercial fleets to purchase new EVs and hydrogen fuel cell electric vehicles, and trade in old petrol and diesel cars.
It’s unclear if many of those vehicles would be hydrogen fuel cell due to the lack of hydrogen pumping stations and virtually no carmakers selling hydrogen vehicles at any significant volume Australia.
Kean says the Round 2 funding had strong take up from organisations in the rideshare and vehicle subscription sectors, which account for 81.6 per cent of the new EVs to be delivered as a result of the progra,
“The second round had 20 successful bidders – 17 individual fleets and three fleet aggregators – who will receive a financial incentive to shift to EVs,” Kean said, adding that successful bidders will also receive financial support to co-fund a total of more than 1,000 smart chargers.
The successful recipients are:
Splend, Custom Fleet, Reliance, IAG, Woollahra Municipal Council, CarBon Leasing and Rentals Pty Ltd, Northern Beaches Council, Murray River Council, CB Cars Pty Ltd, Palm Investment Holdings Pty Ltd, SIXT Australia, Origin Energy, ElevenX, Lockhart Shire Council, Essential Energy, Campbelltown City Council, Ballina Shire Council, Karmo Cars and TAS Australia.
Kean said in Australia, the transport sector accounts for around 22 per cent of total emissions and this scheme will help NSW reach net zero by 2050.
“Corporate and government fleets account for over half of new vehicle sales in Australia and are a significant source of second-hand vehicles,” Mr Kean said.
“Leveraging the bulk purchasing power of fleets can expand both the range of models and number of EVs in NSW, which means prices will fall and more vehicles will be available to private buyers via the second-hand market in coming years.”
The NSW government says the EV Strategy is expected to increase EV sales to 52 per cent of new car sales by 2030-31.
Keyword: Fleet incentives to add another 1,000 electric vehicles to NSW roads