The Queensland Government will join NSW and Victoria in offering a substantial EV subsidy to inspire electric vehicle sales, with a $3k rebate to apply from July 1.
But unlike its neighbours, the Queensland Government's subsidy will only apply to vehicle priced at $58,000 and under, effectively ruling out some of Australia's best-selling and exciting electric vehicles.
The subsidy joins a bigger Queensland Government push to drive EV sales, including an estimated $10m in charging infrastructure that will be rolled out across the states.
But while NSW vehicle subsidy kicks in for vehicles below the $68,750, and Victoria's begins below $69,000, the Queensland's program only applies to models below $58,000.
That means the Tesla Model 3 (currently $63,900), the Polestar 2 ($59,900), the Kia EV6 ($67,990) and the Hyundai Ioniq 5 ($71,900) all fail to qualify. Instead, vehicles like the Nissan Leaf, Hyundai Ioniq and the MG ZS EV all qualify.
"The skyrocketing price of petrol is putting enormous strain on household budgets," says Queensland Premier, Annastacia Palaszczuk.
"I know there are plenty of Queenslanders out there who want to make the switch to electric. We all want to see reduced emissions and a cleaner environment.
"That’s why we are going to do what we can to make the cost of electric vehicles that little bit cheaper."
The Queensland subsidy program commences July 1, with the state government yet to fully detail the proposal, including vehicle sales caps and other incentives.
It does, however, put Queensland alongside NSW, Victoria, South Australia and the ACT in offering substantial EV discounts, incentives or rebates to drive electric vehicle take up in Australia.