40% of new electric and hybrid cars in Australia's outer city suburbs are bought with fringe benefits tax breaks, increasing EV sales from 3.1% to 9.5%.
40% of new electric and hybrid cars in Australia's outer city suburbs are bought with fringe benefits tax breaks, following the federal government's introduction of tax discounts on low-emission vehicles. The trend has boosted electric car sales in Australia from 3.1% of new vehicles to 9.5%. The tax breaks are credited with making electric vehicles more affordable for buyers and helping them avoid rising petrol prices.
April 29, 2024
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