Australia to launch Future Fuels Fund to boost EV adoption

September 18, 2020

The Government of Australia, through a Future Fuels Fund, is putting AUD74.5 million (CAD71.70 million) across the country and towards businesses and communities to boost the adoption of electric vehicles. The Future Fuels Fund was announced on September 17 and is expected to subsidize business adoption of EVs and corresponding infrastructure, with more details to come. The Morrison government said the funding “help(s) businesses and regional communities take advantage of opportunities offered by hydrogen, electric, and bio-fuelled vehicles.” (Source: CarAdvice) Read the original article…

About Todd Phillips

Todd Phillips is the editorial director of Universus Media Group Inc. and the editor of Canadian auto dealer magazine. Todd can be reached at tphillips@universusmedia.com.

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