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High fuel prices make electric vehicles more attractive to Canberra drivers | The Canberra Times

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Three weeks ago, Jonathon Papadopoulo bought his first electric vehicle, a decision that was only confirmed by the increase in fuel costs. “The ACT [has] some of the most expensive living costs, the cost of food is now going up and I could not really afford to worry about the petrol over the already rising prices, “he said.” It is a great relief for Mr. Papadopoulo said he was in a position to buy a car and that he could use the Territorial Government’s zero-interest loan scheme for energy-efficient upgrades. He took out the maximum loan of $ 15,000 and a Nissan Leaf from Canberra Ion DNA buys showroom, spending $ 28,000. Grattan Institute energy and climate deputy program director Alison Reeve said although gasoline prices could nudge more people toward electric vehicles, the price barrier for homeowners was still intact. “What I suspect we will seen is that you will get an electricity in the uptake of electric vehicles, especially in Europe and the US, and that will help push down the price on the rest of the world, she said. Demand will drive investment in manufacturing and lower prices, Ms Reeve said. In Canberra, figures show that demand has risen. The data released in January by the Electric Vehicle Council found that Canberra drivers bought 825 electric vehicles last year, representing 5.01 percent of all cars purchased under the ACT in 2021, the highest sales per capita in the nation. “We are seeing a real uptick and supply seems to be the problem, not asking anymore,” said Ion DNA owner Rob Ogilvie. “If I had another 20, at a low price, I could sell them today. I just did not have them.” Speaking of how fuel prices affect consumers’ decisions, he said that people who were first asked six to 12 months ago are now returning to make purchases. ACT Chief Minister Andrew Barr on Tuesday noted that electric vehicle drivers in Canberra had already been buffered by rising fuel costs. He took aim at the federal government, saying it could do more to invest in electric vehicles so that “we are less dependent on foreign oil in the future [and] will be better isolated from these types of shocks. “” Manufacturers prefer to send electric vehicles to other markets where they know they are more likely to sell, “Ms Reeve said, adding that the Australian government is encouraging the recording of electric vehicles left behind.the rest of the world.A vehicle emission standard that requires all manufacturers to gradually reduce tailpipe emissions across their fleet would be the best strategy to adopt, she said. [petrol vehicles] more efficient … and it also means that they are more likely to supply electric vehicles to the market because those vehicles have zero emission emissions. READ: “If you think about the fact that petrol prices are incredibly high at the moment, then the pain would not have been so pronounced if we had vehicle emission standards in place, because all the petrol cars we have in our fleet would now be too cheap to operate. ” Mr Ogilvie added that more used electric vehicles would come on the market, and removing the stamp duty on them would increase ownership. “It made no sense for me to spend a lot of money on a vehicle, which I then also have to spend more and more money on every week,” Mr Papadopoulo said of his decision. He said he did not think the federal government had spent enough money on electric vehicle infrastructure and instead decided to “invest in a vehicle for myself”. “It also has zero emissions; that’s much better for the environment.” Our journalists work hard to deliver local, up-to-date news to the community. This is how you continue to access our trusted content:

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Three weeks ago, Jonathon Papadopoulo bought his first electric vehicle, a decision that was only confirmed by the increase in fuel costs.

“The ACT [has] “Some of the most expensive food costs, the cost of food are already going up and I could not really afford to worry about petrol in addition to the already rising prices,” he said.

“It’s a big relief for me.”

He took out the maximum loan of $ 15,000 and bought a Nissan Leaf from Canberra’s Ion DNA showroom, spending $ 28,000.

‘If I had 20, I could sell them today’

Grattan Institute Energy and Climate Deputy Program Director Alison Reeve said even though gasoline prices could push more people on electric vehicles, the price barrier for owners is still intact.

“What I suspect we’ll see is that you get a surge in the consumption of electric vehicles, especially in Europe and the US, and that will help push the price down on the rest of the world,” she said.

Demand will drive investment in manufacturing and lower prices, Ms Reeve said.

In Canberra, figures show that demand has risen.

The data released in January by the Electric Vehicle Council found that Canberra drivers bought 825 electric vehicles last year, representing 5.01 percent of all cars purchased under the ACT in 2021, the highest sales per capita in the nation.

“We are seeing a real uptick and supply seems to be the problem, not asking anymore,” said Ion DNA owner Rob Ogilvie.

“If I had another 20, at a low price, I could sell them today. I just did not have them.”

Speaking of how fuel prices affect consumers’ decisions, he said that people who were first asked six to 12 months ago are now returning to make purchases.

Vehicle emissions standard could have saved gasoline pain

ACT Chief Minister Andrew Barr on Tuesday noted that electric vehicle drivers in Canberra had already been buffered by rising fuel costs.

He took aim at the federal government, saying it could do more to invest in electric vehicles so that “we are less dependent on foreign oil in the future [and] will be better isolated from these types of shocks “.

“Manufacturers prefer to ship electric vehicles to other markets where they know they are more likely to sell,” Ms Reeve said, adding that the Australian government is pushing for the introduction of electric vehicles behind the rest of the world.

A vehicle emission standard that requires all manufacturers to gradually reduce emissions from their fleet emissions would be the best strategy to adopt, she said.

“What makes this standard is that it pushes manufacturers to make the vehicles [petrol vehicles] more efficient … and it also means that they are more likely to supply electric vehicles to the market because those vehicles have zero emission emissions.

“If you think about the fact that petrol prices are incredibly high at the moment, then the pain would not have been so pronounced if we had vehicle emission standards in place, because all petrol cars we now have in our fleet are cheaper to run. “

Mr Ogilvie added that more used electric vehicles would come on the market, and removing the stamp duty on them would increase ownership.

“It made no sense for me to spend a lot of money on a vehicle, which I then also have to spend more and more money on every week,” Mr Papadopoulo said of his decision.

He said he did not think the federal government had spent enough money on electric vehicle infrastructure and instead decided to “invest in a vehicle for myself”.

“It also has zero emissions; that’s much better for the environment.”

Our journalists work hard to deliver local, up-to-date news to the community. This is how you continue to access our trusted content: