Sunrise

Petrol crisis drives electric vehicle surge


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Rising petrol prices driven by Middle Eastern conflict have triggered increased interest in electric vehicles across Australia, with approximately 400,000 Australians already making the switch. Entry-level EVs now start at just over $20,000, with government novated leasing benefits eliminating fringe benefits tax. The second-hand EV market offers good value due to significant depreciation, though buyers should verify battery health and consider charging infrastructure limitations, particularly for renters and apartment dwellers.

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