Queensland ends $6000 EV rebate scheme early, citing exhausted funds and price drops.

Queensland, Australia, has prematurely ended its $6000 electric vehicle (EV) rebate scheme, originally set to run until mid-2025. Launched in 2022 with a $45 million budget, it benefited over 10,000 residents, contributing to a rise in EV registrations from 0.2% to 1% of total vehicles. The government cited exhausted funds and significant new car price drops as reasons for the closure, making it the fourth Australian state to terminate such incentives early.