Australian new car buyers could foot $1 billion EV upgrade bill

AutoExec Summary
The Australian Automotive Dealer Association (AADA) has warned that necessary upgrades to prepare car dealerships for the transition to electric vehicles (EV) could result in customers bearing the cost. The estimated billion-dollar investment for EV charging upgrades may be passed onto customers, with dealerships needing to invest in infrastructure and retraining technicians. The AADA has also been critical of the Federal Government’s New Vehicle Efficiency Standard (NVES), which has been watered down following consultation with the automotive industry. EV sales in Australia reached a record high in 2023, but still lag behind hybrids, diesel, and petrol vehicles.

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