US President Joe Biden recently announced the US would lead the charge in electric vehicle adoption targets, aiming for EVs to make up half of all new vehicles sold by 2030, Rosie Bensley reports.
With the support of America’s largest car manufacturers, Biden’s plan is set to drastically reduce CO2 emissions. But despite the global push to support electric vehicles, Australia is lagging behind in both funding and infrastructure.
Related article: Future Fuels Fund to drive EV charging nationally
Electrification start-ups are urging the government to consider EV commitments. Mark Avery, CEO of EV charging infrastructure company Bell Resources, says there is a strong appetite for electric vehicle in Australia, with year to date sales set to hit 10,000 EVs by the end of the month.
“Joe Biden’s plan for 50 per cent EVs by 2030 underlines the importance of progressive leadership to fast-tracking EV adoption and the Morrison Government must follow suit,” Avery said.
“The EU, UK, Japan and now the US are all committing to a 2030 timeline for mass EV adoption. Failing to do so without a bold aggressive agenda for action means Australia will inevitably be left behind.”
To make this goal achievable, the government must incentivise EV adoption, Avery says. Research from Monash Business School and Griffith University suggest the key to this could be in adjusting taxation.
The EU government has led the charge in the uptake of EVs in businesses by providing tax relief benefits for business users to charge their cars. Griffith University’s Dr Anna Mortimore is researching how Australia could take a similar approach.
Related article: NSW revs up Electric Vehicle Strategy
“Our project will investigate the barriers to business fleets uptake of BEVs through taxation changes and incentives that will address affordability and enable fleet employees to charge their BEVs at home,” Dr Mortimore said.
Transport is responsible for nearly one fifth of Australia’s CO2 emissions, and researchers are urging the government to act now or risk falling behind.
“The future of low emissions transport is BEV and Australia needs to be ready,” Dr Mortimore said.