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Make electric cars cheaper: Labor promises tax breaks for EVs, battery storage – Sydney Morning Herald

Anthony Albanese is promising to cut the prices of electric cars in Australia if Labor wins the next federal election.

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Exemptions will only be available to cars below the luxury car tax threshold for fuel-efficient vehicles, which is currently at $77,565.
A majority of Australians say they would consider buying an electric model as their next car, but because of scaremongering and the policy vacuum under the Morrison government, electric vehicles remain unaffordable for most Australians, Mr Albanese said.
By reducing upfront costs, this policy will encourage uptake, cutting fuel and transport costs for households…

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