This Car Ain't Movin' Yet
The light at the end of the policy tunnel is not from an electric vehicle. The Budget incentives will lure neither the buyer nor the manufacturer.
It's not enough of a start to get going. The budget announcement to cut GST on electric vehicles from 12 to 5 per cent, aimed at the manufacturer, and the sop of an income tax deduction on purchase, directed at the prospective buyer, is likely to lure neither party. The GST carrot is too little for the industry to confidently make the kind of heavy investments needed to roll out
