As government EV policies fall one company offers its own incentive scheme

Frustrated by the NSW government’s decision to follow Victoria’s lead in scrapping incentives for people to buy electric cars, one social enterprise has taken matters into its own hands, offering means-tested discounts to new EV buyers.In the wake of the NSW budget, which stripped a $3000 subsidy for drivers who buy a new electric vehicle, The Good Car Company is offering a $3000 discount on its cheaper range of EVs to lower income households for the next month.

One of the reasons given for removing EV subsidies is that they can serve as middle-class welfare, or be exploited by vendors who increase prices.To circumvent this, the Good Car Company, a social enterprise dedicated to increasing EV uptake and focused on cheap and second-hand models, will offer the full discount to buyers on an income of less than $60,000, and scale it back for higher-income earners.

He said he did not believe people who supported this government expected it to scrap support for EVs while planning to prop up coal-fired power stations.

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As government EV policies fall one company offers its own incentive schemeAs NSW and Victoria slash support for EVs, one social enterprise is offering discounts to lower-income earners to show how incentives can serve social and environmental ends.
Source: brisbanetimes - 🏆 13. / 67 Read more »