Kenmore Among Top Queensland Suburbs for EV Adoption- NALSPA

Photo credit: CC BY-SA 4.0/Alexander Migl/Wikimedia Commons

Kenmore is leading the way in embracing electric cars, based on the recent data from the National Automotive Leasing and Salary Packaging Association (NALSPA). 

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The NALSPA data, which is from 1 July 2022 – 31 December 2023 shows that Kenmore’s postcode 4069, including Chapel Hill and Fig Tree Pocket, is among the top areas in Australia for battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) through novated leases.

The reason behind this surge in electric car adoption is the introduction of the Electric Car Discount. This discount, which became law in late 2022, has made electric cars more affordable through tax exemptions. As a result, more everyday Australians are choosing electric cars for their environmental benefits and cost savings.

Photo credit: CC BY-SA 3.0/Pineapple Fez/Wikimedia Commons 

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Because of the Electric Car Discount, the market share of BEVs and PHEVs in novated leases has increased significantly, from three percent in 2022 to 14 percent by March the following year. This means more people are now able to afford electric cars, which were previously seen as expensive compared to petrol cars.

Rohan Martin, CEO of NALSPA, explains, “Everyday workers living in the suburbs are noticing more than ever before that buying an EV is not only within reach thanks to government incentives but also makes financial sense for them.” 

He highlights that suburbs like Kenmore, where people rely heavily on cars, are seeing the most benefit from switching to electric cars due to savings on fuel costs and the discounted prices of electric vehicles.

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Electric and plug-in hybrid cars are not just popular in urban areas but are also gaining traction among families in regional Australia. This shows that more people are recognising the practical and financial benefits of electric cars, regardless of where they live. Kenmore’s embrace of electric cars signals a broader trend towards sustainable transportation.

Published 6-May-2024