Australian EV sales surge as government discount, ending April 1, makes PHEVs cheaper than gas cars.

The Australian Labor Government's EV discount, set to end on April 1, has boosted sales of plug-in hybrid (PHEV) vehicles in Australia. This tax perk, which makes leasing PHEVs cheaper than petrol or diesel cars, has doubled PHEV sales. With its expiration, consumers may opt to hold onto their current vehicles or choose cheaper, less efficient options, potentially slowing the shift to electric vehicles.

November 23, 2024
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