New South Wales commits further $38 million towards EV infrastructure

The New South Wales State Government has pushed its commitment to electric vehicles even further in its 2022-23 Budget.

Having announced Australia's biggest electric vehicle incentives and infrastructure package last year, the NSW Government has doubled down by allocating a further $38 million to its EV charging infrastructure – bringing total investments in EVs up to $633.

From the latest $38 million package, $10 million will be used to co-fund 500 kerbside charge points for on-street charging in residential streets where private off-street parking is limited, another $10 million will go towards co-funding 125 apartment buildings with more than 100 car parking spaces to make EV charging electrical upgrades and the remaining $18 million is to provide more grants for fast charging stations in high density urban areas.

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"Rolling out extra chargers will allow more EV drivers to benefit from their cheaper running costs and a cleaner, quieter and more sustainable road network," said NSW Treasurer and Minister for Energy, Matt Kean.

"You’ll never be far from a charger on our major highways, in regional destinations, apartment buildings and on kerbsides in metropolitan areas with limited off-street parking.

"This funding will help communities stay connected and help holidaymakers hit the road to enjoy weekend trips as NSW motorists gear up for the next era of driving."

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The extra investment has been welcomed by the Federal Chamber of Automotive Industries (FCAI), with Chief Executive Tony Weber saying the infrastructure upgrades will benefit car owners and manufacturers alike.

“Investment in electric vehicle infrastructure is a key priority as Australia journeys towards our electric future," said Weber.

"Building 500 kerbside charge points and equipping 125 apartment buildings to take on EV charging upgrades is going to help make owning a battery electric or plug in hybrid vehicle more realistic for NSW motorists.

"Continuing infrastructure investment in electric vehicle charging prepares Australia’s automotive fleet for a fully electrified future. Our journey towards that is going to encompass a range of vehicle technologies including hybrid, plug in hybrid, fuel cell and efficient internal combustion engines.

“We look forward to continuing to work with NSW and all Australian governments in supporting the rollout of more zero and low emission vehicles onto Australia’s roads.”

The NSW Electric Vehicle Strategy continues to include a $3000 rebate for EV and hydrogen fuel cell electric vehicles under $68,750, as well as the waiving of stamp duty on zero emissions vehicles under $78,000.