‘Quick jumpstart’: NSW to spend $38m to speed up EV uptake

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‘Quick jumpstart’: NSW to spend $38m to speed up EV uptake
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Exclusive: state budget funds to go towards boosting number of charging points in apartment blocks and on streets

The NSW government is to help fund the installation of EV charging sites in apartment buildings and kerbside.The NSW government is to help fund the installation of EV charging sites in apartment buildings and kerbside.Last modified on Sun 19 Jun 2022 18.31 BSTgovernment will invest $38m to accelerate the adoption of electric vehicles by building more charging sites, including for apartment buildings and roadsides.

The government claims the state’s EV strategy is the largest of its kind in the country. The funding includes a $3,000 rebate and stamp duty waivers for eligible new EV purchases, and $149m to support private industry to install ultra-fast charging sites. While the spending for charges at 125 buildings would only assist a tiny portion of the overall market, the investment would allow a nascent industry to develop rapidly. “It’s being able to entice enough of them to get the ball rolling so that people learn how this system works,” Jafari said.

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