Government Incentives - The Australian Government offers a $3,000 rebate, tax breaks and stamp duty benefits for purchasing electric vehicles. The eligibility criteria for the rebate and tax break differ from state to state, so please check the informationon your State Government website before purchasing. QLD - Rebate for EVs priced under $58,000. Visit Queensland Govt Website for more information. NSW - Rebate for EVs priced under $68,750. Visit NSW Govt Website for more information. VIC - Rebate for EVs priced under $68,740. Visit VIC Govt Website for more information.
Low Running Costs - Electric and Hybrid cars are cheaper to run and maintain. While electricity costs may vary depending on rates, it is still a significantly lower cost than fuel and costs nothing at all if you have solar. This enables cost of fuel savings for EV (Electric Vehicles) owners and significantly reduces costs for PHEV and Hybrid owners as well. Service and maintenance costs are also lower as electric vehicles have fewer moving parts therefore requiring less maintenance. Some insurance companies may offer lower premiums as an incentive for buying electric.
Environmental Benefits - Electric, PHEV and Hybrid vehicles have numerous environmental benefits, unlike standard petrol or diesel vehicles. They do not produce any harmful exhaust emissions and they reduce greenhouse gases, which in turn helps to combat climate change. Their near silent engines minimises noise pollution and allows for a calm driving experience.
When it comes to types of electric vehicles, the choices people can buy go far beyond those powered by batteries alone. In today's ever-growing electric car market, car buyers can find all types, including options that rely on fuel cells or combine a gas engine in hybrid and plug-in hybrids. When talking about EVs, we generally refer to three main types of electric vehicles: hybrid electric vehicles (HEV), plug-in hybrid electric vehicles (PHEV) and battery electric vehicles (BEV).
These do not plug in. Hybrid electric vehicles are powered by an internal combustion engine and one or more electric motors, which uses energy stored in batteries. This gives you longer range. The car’s computer manages operations between the two motors and uses different techniques to save fuel throughout your day-to-day drive.
PHEVs use both petrol and electrical energy to power the car. Depending on your model, some favour petrol energy over electrical energy and some favour electric energy over petrol. The only way to increase a PHEVs’ battery charge is to plug it in.
Like their plug-in hybrid cousins, these cars need to be plugged in to receive electrical energy and charge the battery. They have no internal combustion engine and are the most eco-friendly option because they produce zero drive-time C02 emissions.