Grants
Federal Government heavy electric vehicle incentives and grants summary
Incentive | Year | Amount | Targets | Status and Focus | Who can apply | Link |
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Driving the nation program | Feb 2022 | $500 million | to support business fleets, new technologies for heavy and long-distance vehicles, public charging and hydrogen refuelling stations and smart charging. | Building on top of the previous Future Fuels Fund, it aims:
| To be eligible for funding, your organisation must hold an Australian Business Number (ABN) and be either: a) an Australian entity incorporated under the Corporation Act 2001 (Cth) or b) an Australian State or Territory owned corporation or a subsidiary of an Australian state or territory owned corporation; or c) an Australian local government or council or an Australian organisation that is purposed with representing and supporting local governments or councils. | Driving the Nation Program - Australian Renewable Energy Agency (ARENA) |
Clean energy innovation fund | $4.6 billion | Mobility and smart cities are one of the strategic focuses of this nationwide fund. | https://www.cefc.com.au/media/dgykd5e1/cefc_annualreport_2020-21.pdf |
NSW Government electric vehicles incentives and grants summary
Incentive | Year | Amount | Targets | Status and Focus | Who can apply | Link |
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Drive electric NSW fleet incentive (3) | 2021-2024 (1) | $105 million with multiple funding rounds | To accelerate EV transition by NSW organisations (2) | The fleet incentive is offered through a reverse auction process. | Individual fleets (with at least 10 vehicle operations) Aggregators, i.e., fleet management organisations and private businesses that offer fleet leasing arrangements. |
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Funding for electric vehicle infrastructure / Drive electric NSW EV fast charging | 2022 - 2024 | $171 million (1), including $131 million for fast-charging grants | To install electric vehicle charging infrastructure across the whole NSW state by co-funding with private operators To ensure access to charging infrastructure within 5 km in residential area, at every 5km in Sydney, and every 100km on average along NSW's major highways | An initial $35 million funding round have been released between 7 February 2022 to mid June 2022. | Applicants to fund a minimum 50% of the project's total capital cost and can apply for up to $15 million in round 1. More details can be found here (2) Businesses, site operators and owners, commercial property managers and owners, and local councils can be a part of fast charging sites network (3) |
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