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.
September 02, 2024
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