Greens, Pocock push to exclude plug-in hybrids from Labor’s EV tax breaks

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PM Anthony Albanese promised the tax breaks in the election campaign but is facing a stand-off in the Senate because the Greens and key crossbenchers believe the generous incentives should not go to any vehicles that use petrol.

The Greens and key crossbenchers believe Labor’s generous EV incentives should not go to any vehicles that use petrol.

Key independent David Pocock is concerned the legislation as drafted will slow the transition to EVs.A federal bid to cut the price of electric vehicles has sparked a political clash about whether buyers of plug-in hybrid cars deserve any of the benefits, forcing a Senate vote that could scale back the scheme and save $1 billion over a decade.

Greens leader Adam Bandt said the government should spend the $1 billion on charging stations in regional areas to encourage the shift to EVs rather than offering an incentive to buyers of plug-in hybrids.cars,” he said.“Building charging stations across the country will make EVs more available to regional and rural Australians, while also giving everyone the confidence to drive longer distances.

To be eligible, the vehicle must cost less than the threshold for the luxury car tax, which is currently $71,849 for most cars but $84,916 for fuel-efficient and zero-emission vehicles., the Tesla Model Y , the Nissan Leaf and the Volvo XC40 Recharge Pure Electric .but newer plug-in hybrids allow motorists to charge the cars from a wall outlet or charging station.

 

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Greens, Pocock push to exclude plug-in hybrids from Labor’s EV tax breaksPM Anthony Albanese promised the tax breaks in the election campaign but is facing a stand-off in the Senate because the Greens and key crossbenchers believe the generous incentives should not go to any vehicles that use petrol. CroweDM E-bikes anyone? Bueller? CroweDM Why not do both? Allocating budgets is a matter of priorities. Climate change is urgent CroweDM More money should be spent on charging stations in regional areas, but providing incentives on a sliding scale for hybrid and EVs would still bring us closer to the end goal.
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