Summary of proposal
Party
Australian Greens
Portfolio
Climate Change, Energy, the Environment and Water
Policy Topic
Infrastructure and transport
The proposal would provide financial assistance for first-time buyers of electric vehicles (EVs).
Each individual would only be eligible for 1 rebate, with a register to be kept by the Clean Energy Regulator (CER). Businesses would not be eligible for the rebate.
The rebate would be available to the first 2.5 million buyers of eligible vehicles, and the value of the rebate would decline over time, as per the table below.
Eligible vehicles sold | Rebate per purchase of eligible vehicles | Bonus rebate per purchase of eligible vehicles made in Australia |
First 100,000 vehicles | $10,000 | $5,000 |
Next 200,000 vehicles | $7,500 | $3,750 |
Next 200,000 vehicles | $5,000 | $2,500 |
Next 500,000 vehicles | $3,000 | $1,500 |
Next 500,000 vehicles | $2,000 | $1,000 |
Next 1,000,000 vehicles | $1,000 | $500 |
The maximum rebate would be limited to 30% for cars manufactured in Australia, and 20% for cars manufactured offshore.
The proposal would commence on 1 July 2026.