The state government of New South Wales has pledged more funding for electric vehicle chargers in its 2022-23 budget, an additional $ 38 million.
According to Treasurer and Energy Minister Matt Kane’s office, the point of the added fund is to “accelerate the EV revolution across the NSW”.
Funds raised to facilitate “significant” private sector investment to serve the growing demand for EVs, include:
- $ 10 million to co-fund 500 carbide charge points to provide on-street charging on residential streets where private off-street parking is limited
- V 10 million for co-funding of approximately 125 medium and large apartment buildings with over 100 car parking spaces for EV charging electric upgrade
- E 18 million for more EV faster charging grants to speed up station rollout. It will also increase the number of charging points in high-density urban charging stations – from the current four to at least eight –
“Rolling out additional chargers will allow more EV drivers to benefit from their cheaper running costs and a cleaner, quieter and more sustainable road network,” said Minister Keane.
“You should never stay away from carbide chargers on our main highways, in regional destinations, in apartment buildings, and in metropolitan areas with limited off-street parking.”
The latest cash injection brings the state’s claimed EV investment to $ 633 million, all under its NSW electric vehicle strategy.
Billed as the largest EV plan in Australia, it offers 25,000 personal discounts of $ 3000 on EVs priced below $ 68,750; Stamp duty waiver; $ 149 million for private industry to launch ultra-fast chargers; And $ 20 million for chargers in regional business and tourist destinations.
The Peak Lobby Group, the Federal Chamber of Automotive Industries, has welcomed the addition of funds for the Australian car brand.
“Investing in electric vehicle infrastructure is a key priority as we move to Australia towards our electric future. Creating 500 carbside charge points and equipping 125 apartment buildings to upgrade EV charging will help make a battery electric or hybrid vehicle plug-in more realistic for NSW drivers, ”said FCAI chief Tony Weber.
“Continued infrastructure investment in electric vehicle charging prepares Australia’s automotive fleet for a fully electrified future. Our journey in that direction is to include a variety of vehicle technologies, including hybrids, plug-in hybrids, fuel cells and efficient internal combustion engines.
“We look forward to continuing to work with the NSW and all Australian Governments to support more zero and low emission vehicle rollouts on Australian roads,” Mr Weber added.
More: Are incentives offered to electric car buyers across Australia?