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BYD, Polestar respond: Stock boosted for Victorians to beat EV rebate deadline

With Victoria’s EV rebate ending soon, some car brands are responding by pushing more stock so buyers can qualify for the handout before it expires

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Distributor EVDirect has earmarked 2700 BYD Atto 3 electric SUVs for Victorians to avail of the $3000 rebate before it expires on June 30, as other automakers also seize on the sales opportunity.

Snapshot

  • Automakers respond to Victoria’s impending end of $3000 EV rebate
  • EVDirect claims 2700 eligible Atto 3's allocated for Victoria
  • Polestar adds more stock, Cupra eager to capitalise on sales opportunity

EVDirect said it has secured an additional 750 Atto 3 EVs for immediate delivery this month in Victoria.

A further 1950 vehicles have been allocated and can be eligible for the rebate, provided the delivery window is within six months.

The move comes just six days after media outlets uncovered that the Victorian Government will end its $3000 EV rebate reportedly early on June 30 to curb the state’s debt.

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Victorians must order and sign the contract for a new Atto 3 before 6pm AEST on June 30 in order to qualify for the rebate.

After the incentive is deducted, it means the small electric SUV would cost from $47,839.35 drive-away for the Standard Range or $50,965.35 for the Extended Range battery.

EVDirect chief Luke Todd stated on LinkedIn [↗]: “This is the first time EVDirect will be able to publicly flex its agile and impressive supply chain capabilities and I am delighted we can support Victorians so they do not miss out.”

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Are you eligible?

It’s worth noting that the Victorian Government hasn’t detailed how many $3000 rebate handouts are left, so there’s no guarantee of a successful application.

An EV must have a recommended retail price under $68,740 – including the dealer delivery charge and optional extras – and the participating dealer must apply to Solar Victoria [↗] before 6pm on June 30. Vehicles can be delivered within six months.

All EVs registered in Victoria are still subject to the road user tax, which is expected to spike on July 1.

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More Polestar 2 stock

A Polestar Australia spokesperson told WhichCar that it has recently secured additional stock of the outgoing 2023 Polestar 2 liftback, “which has coincided with the Victorian Government announcement”.

“There are currently 250 Polestar 2 variants on our website available for delivery in the next four to six weeks. More configurations are being added weekly.”

However, there wasn’t any mention of how many Standard Range and Long Range Single Motor models are included in the stock pool – the only variants that fall under Victoria’s rebate eligibility threshold, before options and the dealer delivery charge.

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The Polestar 2 is currently priced from $63,900 before on-road costs and only pre-configured in-stock models are available from its website, ahead of the 2024 facelift coming soon.

Buyers can benefit from a Type 2 to Type 2 portable charging cable, plus the choice of a 7kW single-phase AC charger (including standard installation) or $2000 Evie Networks public charging credit for orders before June 30.

Cupra ‘confident in supply’

A Cupra Australia spokesperson told WhichCar that “we are confident in supply” of the recently launched Born electric hatch and “will look to take as many Victorian orders this month as possible.”

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The spokesperson also suggested buyers talk to Cupra showroom staff for the latest information on ordering and applying before the deadline.

The Cupra Born is priced from $59,990 before on-roads, which still falls under the Victorian EV rebate threshold even with all options fitted.

WhichCar has contacted MG, Hyundai and Nissan for comment. This article will be updated if further information becomes available.

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