National Automotive Leasing & Salary Packaging Association | NALSPA reposted this
Our Group Executive for Salary Packaging, Employee Benefits, and Fleet, Anthony Dijanosic, joined National Automotive Leasing & Salary Packaging Association | NALSPA’s CEO Rohan M. and Parliamentarians today in Canberra to discuss the future of the EV FBT exemption and show off some of the newest EVs and PHEVs on the market. We even got a sneak peek of the new Ford Ranger PHEV, which will arrive in 2025. We also heard from EVC CEO Samantha Johnson and Federal Chamber of Automotive Industries CEO Tony Weber, who provided important insights into preserving the EV/PHEV exemption. We know EVs are important to Australia’s energy transition, and the FBT exemption for EVs is speeding up the country’s uptake of the technology. Currently, the exemption is set to expire for PHEVs on April 1, 2025. Some of the key takeaways from the day were: ⚡ The FBT EV exemption is helping reduce the cost of low and zero-emission cars for everyday Australians, encouraging the shift toward electric driving. ⚡Concerns about EV driving range, charging infrastructure, and the availability of larger vehicle types are barriers to broader EV adoption. - PHEVs are emerging as a practical transitional solution with government policy support. ⚡ NALSPA estimates about 40 per cent or more of all BEVs/PHEVs in Australia are now purchased through a novated lease, up from less than two per cent in 2022, helping Australians reduce their income tax, reduce their emissions and achieve household budget savings ⚡NALSPA figures reveal that everyday workers living in the outer suburbs, including Werribee (Vic) and Kellyville (NSW), are leading the adoption of EVs. ⚡VFACTS sales data released last week show PHEVs continue to grow rapidly (up 120.5% year-to-date). NALSPA data shows this is particularly so among employees in rural and regional Australia. ⚡ Speakers said extending the FBT exemption on PHEVs beyond April 1, 2025, is crucial to helping Australia reach its emissions goals by maintaining the affordability and availability of cleaner alternatives to the vehicles Australians prefer. Thank you to the Parliamentary Friends of EVs group co-chairs, Monique Ryan MP and Dr Michelle Ananda-Rajah MP, and the Speaker Milton Dick MP for hosting the event. MG, FORD, BMW, BYD, MITSUBISHI