SBS News – Australia
·australia
·1 hour ago
Government limits EV tax discounts to vehicles under $75,000 from April
Australia's government on Tuesday wound back electric vehicle tax discounts from April 2027, limiting full breaks to vehicles costing $75,000 or less. Energy Minister Chris Bowen said the changes would save taxpayers $1.7 billion over four years while encouraging manufacturers to produce more affordable EVs. The policy shift is not expected to significantly slow EV sales, which have surged recently.
Summary by Glance · SBS News – Australia
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