Half of new cars to be electric under Labor

AutoExec Summary

Australia is set to implement its first national electric vehicle policy under a Labor government, targeting 50% of new car sales to be electric by 2030. Shadow Minister Mark Butler emphasised the need for vehicle emissions standards to reduce pollution and align with global trends. Currently, Australia has the lowest electric vehicle uptake in the OECD. The Labor plan includes electric vehicle incentives and aims to improve the country’s infrastructure to support this transition while allowing hybrid and conventional vehicles in the mix.

Brands mentioned: Toyota, Tesla, Nissan, Mercedes-Benz, Audi