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Australian Government aims to boost EV uptake with low-interest loans

CarExpert

Interest rates on these loans will be up to five percentage points lower than standard rates, which the government says could save EV buyers more than $8000 for a $40,000 loan with a seven-year term. The $55,000 cutoff would mean only one brand-new Tesla would qualify: the base Model 3 RWD. ” The Government has listened to industry.

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Auto industry reacts to pause on federal ZEV rebates

Canadian Auto Dealer

The Canadian government will soon be putting an indefinite pause on the rebates eligible for the purchase of zero emission vehicles due to the program funds almost being depleted. The Government offers up to $5,000 in rebates for the purchase of EVs and has a mandate to have EVs represent 20 percent of all new vehicles sold by 2026.

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These are the most EV-friendly states in Australia

Drive.com

While the $3000 rebate and stamp duty exemption for EVs in NSW has ended, the state government previously announced the available $26 million funding originally set aside for the EV subsidy program will instead be directed towards the EV charging networks across the state.

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Media post: Silent Revolution: Exploring the Advantages of Electric Vehicles

Best Selling Cars Blog

For instance, EVs do not require oil changes, and with fewer parts subject to wear and tear, the long-term maintenance costs can be dramatically reduced, adding to the economic affordability over the vehicle’s lifespan.

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Media post: The Future of Electric Vehicles Trends Challenges and Opportunities in the Automotive Industry

Best Selling Cars Blog

Global Support for Sustainable Mobility Governments worldwide are implementing policies that encourage EV adoption, from tax incentives and subsidies to infrastructure development. Infrastructure Gaps and Charging Speed A robust and widespread charging infrastructure is still in development, especially in rural or underserved areas.

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Understanding OEM Incentives in 2024

Automotive Mastermind

These incentives play a massive role in developing dealership strategies by laying the groundwork for enhancing customer experiences, driving sales and ensuring full buyer satisfaction. Ranging from car rebates and discounts to special financing and leasing deals, these car dealer incentives serve as a strategic tool for savvy sales teams.

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Nissan could get electric ute with rescue of ailing US start-up – report

Drive.com

” The deal would reportedly allow Nissan to develop an electric ute on the underpinnings of Fisker’s planned Alaska pick-up – itself based on the Fisker Ocean family SUV – while saving the US start-up from going under. ” Fisker Ocean SUV.

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