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Electric Vehicle Fleets Incentive: Competitive Bid Funding - Round 5

ClosedGrant Closed: 17th of January 2025 - 5:00 pm Value: Up to $8,000 per smart charger port Run By: NSW Government Department of Climate Change, Energy, the Environment and Water Further Information: https://www.energy.nsw.gov.au/business-and-industry/programs-grants-and-schemes/electric-vehicles/electric-vehicle-fleets/competitive-bid-funding

Acceleration funding is available for successful NSW businesses that procure eligible AC or DC smart chargers between 12 November 2024 and 10 June 2025. This means for a temporary time the funding has been increased per vehicle smart charger port.

The competitive bid funding option of the electric fleets incentive is designed to support organisations with larger fleets that are beyond the pilot phase of their transition to EVs, and is open to any organisation that:

  • operates a fleet of 21 or more vehicles (ICEVs or BEVs), and
  • is applying for funding for 11 or more brand new BEVs.

The competitive bid funding option is split into two streams:

The individual stream
For businesses that own or lease vehicles to support its operations in NSW including also vehicle rental/subscription services.   

The aggregator stream 
For businesses providing vehicles to customers in NSW through leasing arrangements and will pass the incentive onto customers. 

Last Updated: 26th of November 2024
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