Drivers in the ACT who buy zero-emission vehicles will receive free registration for two years from this week as part of a $5.1 million Territory government scheme to encourage more people to switch their cars to more efficient alternatives.
New or used zero-emissions vehicles, which are powered by electricity or hydrogen, and bought on or after May 24, will be eligible for the scheme, which runs until June 30, 2024.
The ACT Government will also offer interest-free loans to people seeking to buy electric or other zero-emissions cars.
ACT Chief Minister Andrew Barr said reducing the number of high-emitting vehicles on the territory’s road was a significant part of achieving ambitious reductions targets.
The scheme hasn’t been welcomed by everyone with critics underlining that the ACT Government will take $4.45 million hit in lost revenue due to the scheme over the next four financial years.
