The Australian Labor Party said it will exempt electric vehicles from import and fringe benefit taxes, if selected as the winner of the next federal election. The new policy platform outline indicates that “By reducing upfront costs, (the policy) will encourage uptake, cutting fuel and transport costs for households, and reducing emissions at the same time.” It will also encourage OEMs to supply more affordable EVs to Australia, which “will in turn increase competition, drive down prices, and give consumers more choice.” (Source: CarAdvice) Read the original story.
