Car lobby body backs NSW’s EV investment

AutoExec Summary: The Federal Chamber of Automotive Industries (FCAI) has welcomed the NSW Government’s commitment to increasing electric vehicle (EV) sales and infrastructure in its 2024-25 State Budget. Funding has been allocated for EV infrastructure expansion, including fast chargers and support for businesses and local governments acquiring EV fleets. The NSW Government aims to have over 50% of new cars sold in the state be EVs by 2030 to reduce transport costs and meet net-zero emissions targets. The Government’s funding package includes co-funding for EV fast chargers, fleets, destination chargers, and retrofitting infrastructure.

Brands mentioned: Toyota, Nissan, Hyundai, Mitsubishi, Ford, Audi, BMW, Mercedes-Benz.