The Queensland government hasn’t announced a purchase rebate on electric vehicles like NSW, VIC and SA but this hasn’t stopped the growth in zero emission vehicles.
In the August 2021 Electric Snapshot from the Queensland government, the Tesla Model 3 represented 55% of the 5,695 BEVs registered in the state. The total number is a significant increase from the 2,862 BEVs recorded in January 2021.
Tesla has all three models in the top five QLD electric vehicles with the Nissan Leaf in 3rd place and the Hyundai Kona in 5th.
The top five suburbs for EV owners in QLD are:
- Brisbane City
- Surfers Paradise
- Hope Island
- Fortitude Valley
The top five charging stations in QLD are:
The peak usage of the Queensland Electric Super Highway charging network was in June 21 which was a significant increase over the previous peak in January 2020 before the COVID pandemic.
While there are no subsidies to purchase a Battery Electric Vehicle (BEV) in QLD, the annual registration is cheaper and the amount of stamp duty paid on a new car is less than a four cylinder Internal Combustion Engine (ICE).
For example, the annual registration on an EV is $678.55 compared to $751.35 on a similar four cylinder car. And if you purchased a $40,000 EV, the stamp duty would be approximately $800 compared to $1,200 for a four cylinder petrol or diesel vehicle.
Reduced registration and stamp duty costs combine with the lower cost of electricity to run an electric vehicle and make the Whole of Life cost more attractive. As purchase prices come down over time, more fleets and retail buyers will be convinced of the benefits of zero emission vehicles.