Aaron Bunch Journalist with Australian Associated Press | Collection of published work | + 61 484 008 119 | abunch@aap.com.au
NT motorists encouraged to go electric
The Northern Territory will slash government fees for electric vehicles and subsidise the cost of buying and installing a charger to increase EV take up.
June 6, 2022
Driving an electric vehicle in the Northern Territory is set to become cheaper, with the introduction of a government grants program to lower set-up costs.
The incentive scheme slashes registration and stamp duty fees for plug-in EVs and provides subsidies for the installation of chargers in a bid to bolster the uptake of electric vehicles.
“We are progressively working towards a target of 50 per cent renewables by 2030 and zero emissions by 2050,” Chief Minister Natasha Fyles said Monday.
From July 1, registration fees will be waived for five years and stamp duty fees will fall by three per cent of vehicle purchase price.
This means no stamp duty will be paid on $50,000 of the vehicle cost, representing a saving of up to $1500.
EV motorists and businesses will also be able to apply for grants to help buy and install chargers.
The $300,000 charger package includes 100 residential grants of $1000 and 80 business grants of $2500, which offsets about half the cost of installing a charger.