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Victoria 2 demand concession
Victoria 2 demand concession







victoria 2 demand concession

  • The date of your contract of sale must be on or after.
  • To be eligible for a Victorian Government ZEV Subsidy: Motorcycles and other vehicles are not included in the subsidy. The ZEV Subsidy is available to Victorian residents and businesses with premises in Victoria.Īt this stage, the subsidy is available to Victorians for one vehicle purchase and to businesses for the purchase of up to two vehicles. More than 20,000 subsidies are available under the program, offered until the subsidies are fully committed, or for three years, whichever occurs sooner. The first round includes 4000 subsidies valued at $3000 for eligible new ZEVs purchased on or after. Reducing the cost of a ZEV will bring them within reach of more Victorians who are considering buying one. How much is the subsidy?īuying a new vehicle is a big decision. ZEVs also have the potential to provide services to our electricity grid including storage of electricity and stability.įor more information, see Zero emissions vehicles. In addition to lowering emissions, ZEVs can help improve air quality, leading to better health outcomes and offer other social and economic benefits.

    victoria 2 demand concession

    The vehicles have no exhaust emissions and if charged from a renewable electricity source like solar, the carbon footprint is reduced even further. Battery Electric Vehicles and Hydrogen Fuel Cell Electric Vehicles (FCEVs) are examples of these technologies.īattery electric vehicles are currently commercially available in Victoria, while FCEVs are still emerging as a consumer market.īattery electric vehicles are powered by a rechargeable in-built battery, which is charged by an external power source. ZEVs do not use petroleum fuels, and therefore do not emit greenhouse gas emissions from the tailpipe. The plan has set a target of 50 per cent of light vehicle sales to be ZEVs by 2030, with $46 million to fund the ZEV Subsidy and support the purchase of more than 20,000 zero emissions vehicles, including battery electric vehicles. The subsidy is part of the Victorian Government’s Zero Emissions Vehicle Roadmap, a $100 million plan to fast track the transition to ZEVs before 2050. This will support more Victorians to choose to buy a ZEV sooner and significantly increase the number of ZEVs in Victoria. The ZEV Subsidy will reduce the cost to the customer of purchasing a ZEV.









    Victoria 2 demand concession