Like most developed countries, Australia is planning on phasing out internal combustion-engined vehicles in exchange for environmentally-friendly electric vehicles over the next decade. Back in 2019, the Labor Party revealed an “ambitious” plan to have 50% of all new car sales be EVs by 2030. At the time, the Federal Chamber of Automotive Industries (“FCAI”) said that “anything is possible” provided the required infrastructure and buyer incentives are made available. The Australian government has since committed $21 million in funding to public charging infrastructure through the Australian Renewable Energy Agency (“ARENA”).
In June, Australian electric charging provider Jet Charge received $3.5 million from the government to develop new technology that will reduce and ultimately eliminate the cost of charging an electric vehicle at home. The funds were administered by the Clean Energy Finance Corporation (“CEDC”) on behalf of the Australian Government’s Clean Energy Innovation Fund. They will be used to fast track the development…
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