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EV grants and incentives for businesses

13 September, 2024
Written by Bridie Schmidt
Business Motoring Buying a car Electric vehicle
Australia has several state-specific grants and incentives to promote EV adoption in businesses. Here's a breakdown of current and closed opportunities in each state.

New South Wales

The New South Wales Government offers grants for fleet upgrades and EV charging infrastructure, with significant support for both urban and regional projects.

EV Fleets Incentive (Kick-start funding)  

  • Grant allocation: $13 million. 
  • Purpose: Supporting organisations that want to pilot EVs before committing to a larger transition or smaller fleets seeking a simplified application process. 
  • Eligibility: Review the funding guidelines to check if your business is eligible. Kick-start funding is available for a maximum of 10 vehicles registered and used predominantly in NSW. 
  • Grant details:  
  • Tiered funding is available to support the purchase of electric fleet vehicles up to 4.5 tonnes. Additional funding is also available to support the installation of a smart charging port per funded vehicle.
  • Status: Open.  
  • Closes: When funds are exhausted. 

Link: NSW EV fleets incentive (kick-start funding model) 

EV Fleets Incentive (Competitive bid funding)  

  • Grant allocation: $7 million. 
  • Purpose: Assist businesses with 21 or more than vehicles in their fleets who are looking to purchase 11 or more vehicles. 
  • Eligibility: Review the funding guidelines to check if your business is eligible. The funding awarded to successful participants is variable and depends on the competitiveness of all bids received. 
  • Grant details: The amount of the incentive is determined by the competitive bid process. The competitive bid funding option is split into two streams: 
  • The individual stream - 
    For organisations that own or lease vehicles to supports its operations in NSW (including also vehicle rental/subscription services).   
  • The aggregator stream - 
    For organisations providing vehicles to customers in NSW through leasing arrangements and will pass the incentive onto customers.   
  • Status: Opening early November. 
  • Closes: 17 January 2025, 5 pm AEDT.  

Link: NSW EV Fleets Incentive (competitive bid model)

Electric Vehicle Destination Grants

  • Grant Cap: $20 million
  • No. of sites granted funds: 300
  • Purpose: To fund EV charging stations at regional businesses across NSW.
  • Status: Closed
  • Link: NSW Destination Charging Grants

EV Ready Building Grant

  • Grant Cap: $10 million
  • Maximum amount: $80,000
  • Purpose: Assist businesses in preparing buildings for EV infrastructure.
  • Status: Closed
  • Link: NSW EV Ready Buildings

 

Australian Capital Territory

The ACT is shifting to an emissions-based vehicle registration system in 2024, offering ongoing savings to businesses with low-emission fleets.

 

Emissions-Based Vehicle Registration

  • Max discount: Varies based on emissions levels
  • Purpose: Businesses transitioning to zero- and low-emission vehicles will receive cheaper registration.
  • Status: Open
  • Link: ACT Registration Scheme


Victoria

Most grants for electric vehicles in Victoria have closed, but businesses can access discounted EV subscriptions through the ZEV Commercial Sector Innovation Fund.

 

ZEV Commercial Sector Innovation Fund

  • Grant cap: $5 million
  • Max discount: 30 per cent off 6 and 12 month subscriptions
  • Purpose: As a recipient of the grant, AGL is offering discounts on EV subscriptions for businesses.
  • Eligibility: For up to 5 vehicles
  • Grant details: Rideshare businesses are not eligible
  • Status: Open
  • Closes: Undisclosed
  • Link: AGL VIC Govt grant - EV subscription

EV Charging for Business Fleets

Zero Emissions Vehicle (ZEV) Emerging Technologies Grant

Destination Charging Across Victoria Program

 

Queensland

Queensland offers vehicle registration and stamp duty discounts for businesses transitioning to electric vehicles, making it one of the most accessible states for EV support.

 

Zero Emission Vehicle Rebate Scheme

  • Max Grant: Up to $6,000 per vehicle (maximum of five rebates per business annually)
  • Purpose: Assist drivers and businesses in adopting zero-emission vehicles.
  • Status: Closed
  • Link: Queensland ZEV Rebate

Vehicle Registration and Stamp Duty Discount

  • Max discount: Varies by according to powertrain and number of cylinders
  • Purpose: Provide businesses (and drivers) with discounts on registration and stamp duty for EVs and less powerful vehicles
  • Status: Open
  • Link: Queensland Registration Discounts

 

Northern Territory

NT's EV charger grants remain open, providing small businesses with an affordable way to install EV charging infrastructure.

 

EV Charger Grants Scheme

  • Max Grant: Up to $2,500 for businesses to install EV chargers.
  • Purpose: Support businesses in installing charging infrastructure for electric vehicles.
  • Status: Open
  • Link: NT EV Charger Grants

 

South Australia

South Australia offers a straightforward, long-term registration exemption for new EV purchases, available to businesses with vehicles under a price cap.

 

EV Registration Exemption

  • Max Discount: Three-year exemption on vehicle registration
  • Eligibility: Applies to new EVs with a purchase price cap of $68,750 (GST included).
  • Status: Open
  • Link: SA EV Incentives

 

Western Australia

WA offers a generous rebate for new EV registrations, available until 2025, making it a key incentive for businesses transitioning their fleets.

 

Zero Emission Vehicle Rebate

  • Max Rebate: $3,500 for newly registered EVs, including cars, SUVs, utes, vans, and light trucks.
  • Status: Open
  • Closing Date: May 10, 2025
  • Link: WA ZEV Rebate

 

Tasmania

Tasmania offers businesses both rebates and zero-interest loans for EV-related upgrades, though some rebates are nearing their limit.

 

Energy Saver Loan Scheme

  • Max loan: Zero-interest loans from $500 to $10,000 for energy-efficient upgrades, including AC EV chargers.
  • Scheme details: Businesses that have been registered for a minimum two years and comply with certain other requirements are eligible.
  • Status: Open
  • Link: Tas Energy Saver Loans

Tasmania EV Rebate

  • Max rebate: $2,000 per EV
  • Availability: Just 21 rebates left as of September 2024
  • Status: Open
  • Link: Tas EV Rebates

 

These grants and incentives across Australia present an array of options for businesses looking to transition to electric vehicles or enhance their EV infrastructure. Businesses should act quickly on opportunities still open to ensure they benefit from the available financial support. 

EV Ready Building Grant

  • Grant Cap: $10 million
  • Maximum amount: $80,000
  • Purpose: Assist businesses in preparing buildings for EV infrastructure.
  • Status: Closed
  • Link: NSW EV Ready Buildings

 

Australian Capital Territory

The ACT is shifting to an emissions-based vehicle registration system in 2024, offering ongoing savings to businesses with low-emission fleets.

 

Emissions-Based Vehicle Registration

  • Max discount: Varies based on emissions levels
  • Purpose: Businesses transitioning to zero- and low-emission vehicles will receive cheaper registration.
  • Status: Open
  • Link: ACT Registration Scheme


Victoria

Most grants for electric vehicles in Victoria have closed, but businesses can access discounted EV subscriptions through the ZEV Commercial Sector Innovation Fund.

 

ZEV Commercial Sector Innovation Fund

  • Grant cap: $5 million
  • Max discount: 30 per cent off 6 and 12 month subscriptions
  • Purpose: As a recipient of the grant, AGL is offering discounts on EV subscriptions for businesses.
  • Eligibility: For up to 5 vehicles
  • Grant details: Rideshare businesses are not eligible
  • Status: Open
  • Closes: Undisclosed
  • Link: AGL VIC Govt grant - EV subscription

EV Charging for Business Fleets

Zero Emissions Vehicle (ZEV) Emerging Technologies Grant

Destination Charging Across Victoria Program

 

Queensland

Queensland offers vehicle registration and stamp duty discounts for businesses transitioning to electric vehicles, making it one of the most accessible states for EV support.

 

Zero Emission Vehicle Rebate Scheme

  • Max Grant: Up to $6,000 per vehicle (maximum of five rebates per business annually)
  • Purpose: Assist drivers and businesses in adopting zero-emission vehicles.
  • Status: Closed
  • Link: Queensland ZEV Rebate

Vehicle Registration and Stamp Duty Discount

  • Max discount: Varies by according to powertrain and number of cylinders
  • Purpose: Provide businesses (and drivers) with discounts on registration and stamp duty for EVs and less powerful vehicles
  • Status: Open
  • Link: Queensland Registration Discounts

 

Northern Territory

NT's EV charger grants remain open, providing small businesses with an affordable way to install EV charging infrastructure.

 

EV Charger Grants Scheme

  • Max Grant: Up to $2,500 for businesses to install EV chargers.
  • Purpose: Support businesses in installing charging infrastructure for electric vehicles.
  • Status: Open
  • Link: NT EV Charger Grants

 

South Australia

South Australia offers a straightforward, long-term registration exemption for new EV purchases, available to businesses with vehicles under a price cap.

 

EV Registration Exemption

  • Max Discount: Three-year exemption on vehicle registration
  • Eligibility: Applies to new EVs with a purchase price cap of $68,750 (GST included).
  • Status: Open
  • Link: SA EV Incentives

 

Western Australia

WA offers a generous rebate for new EV registrations, available until 2025, making it a key incentive for businesses transitioning their fleets.

 

Zero Emission Vehicle Rebate

  • Max Rebate: $3,500 for newly registered EVs, including cars, SUVs, utes, vans, and light trucks.
  • Status: Open
  • Closing Date: May 10, 2025
  • Link: WA ZEV Rebate

 

Tasmania

Tasmania offers businesses both rebates and zero-interest loans for EV-related upgrades, though some rebates are nearing their limit.

 

Energy Saver Loan Scheme

  • Max loan: Zero-interest loans from $500 to $10,000 for energy-efficient upgrades, including AC EV chargers.
  • Scheme details: Businesses that have been registered for a minimum two years and comply with certain other requirements are eligible.
  • Status: Open
  • Link: Tas Energy Saver Loans

Tasmania EV Rebate

  • Max rebate: $2,000 per EV
  • Availability: Just 21 rebates left as of September 2024
  • Status: Open
  • Link: Tas EV Rebates

 

These grants and incentives across Australia present an array of options for businesses looking to transition to electric vehicles or enhance their EV infrastructure. Businesses should act quickly on opportunities still open to ensure they benefit from the available financial support.