A second round of electric vehicle (EV) incentives, available to fleets, will close bidding at 5 p.m. October 5, reports the Australasian Fleet Management Association (AfMA). The funding is provided through Australian state New South Wales’ (NSW) Drive Electric EV Fleets Incentive program.
Part of a $105 million investment, the program aims to bridge the cost of transitioning fleet passenger, light commercial or sports utility vehicles to models powered by electric batteries or fuel cells.
At the close of the first auction in February, some 850 vehicles were incentivized, through a reverse auction process. A smart charging funding of $400 was provided for nearly all vehicles. The EV fleet incentives program has financed an average of $219 per ton of CO2-e abated at the aggregate level.
The incentive supports the purchase of battery electric vehicles (BEVs) or fuel cell electric vehicles (FCEVs), with additional funds available for smart base charging.
Theoffer is available for individual fleets operating at least 10 vehicles (including businesses, local councils, and non-government organizations) as well as for aggregators (including fleet management organizations and private businesses that offer fleet leasing arrangements to NSW customers).
Further guidelines, frequently asked questions, and access to NSW’s information sessions are available on the NSW website.