The NSW Government are investing $105 million in the Drive electric NSW EV fleets incentive. This will help NSW organisations accelerate their shift to EVs and reduce emissions.
The incentive will support the purchase of battery electric vehicles (BEVs) or fuel cell electric vehicles (FCEVs), with additional funds available for smart base charging.
This will help you bridge the cost of transitioning your fleet’s passenger, light commercial or sports utility vehicles to BEVs or FCEVs through a reverse auction process.
NSW businesses, not-for-profits, hire companies and local councils will not want to miss this opportunity!
If your organisation leases vehicles and does not have the in-house capability to apply, you can benefit from the incentive by going through a fleet aggregator.
Aggregators can place bids on behalf of multiple fleets, and if successful the savings from the incentive must be passed on to their customers.
This takes out a lot of the leg work for organisations applying for the incentive, and helps create a smoother journey for business transition to EVs.
The first and second rounds of the Drive electric NSW fleets incentive have closed. Funding from these rounds were allocated to eligible organisations to support the procurement of approximately 2,000 battery electric vehicles and 1,800 smart chargers.