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← Newsroom/EVs & hybridsPolicy & safety

Councils and businesses get $16.5 million funding boost to install kerbside EV chargers, and in council and commercial carparks

Compiled by ADME Newsroom from 1 source

First reported by The Driven · 19 September at 4:54 am

Who's covering this — 1 article

EV specialists
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Image: The Driven

The quick read

Full coverage

The Driven·EV specialists·19 September at 4:54 am

Councils and businesses get $16.5 million funding boost to install kerbside EV chargers, and in council and commercial carparks

State government to invest $16.5 million to boost kerbside electric vehicle charging to enable more organisations and people to make the switch from petrol and diesel. The post Councils and…

Read at The Driven →

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The quick read

  • The state government is investing $16.5 million in kerbside electric vehicle charging infrastructure.
  • The investment aims to enable more organisations and people to switch from petrol and diesel to electric vehicles.
  • The funding will support the installation of EV chargers in council and commercial carparks.
  • The investment is expected to increase demand for electric vehicles in the market.

For dealers: The state government's investment in kerbside EV charging infrastructure will increase demand for electric vehicles, making it essential for dealers to review their stock and ordering strategies to remain competitive.

AI-assisted summary of the coverage below — check the original reporting before relying on specifics.

ADME commentary

The ADME angle

The state government's $16.5 million investment in kerbside electric vehicle charging infrastructure will directly impact the demand for electric vehicles in the market, leading to increased showroom traffic for dealerships that stock a range of EV models.

This increased demand will likely lead to a shift in stock and ordering strategies for dealers, with a greater emphasis on EVs and hybrids, potentially disrupting traditional petrol and diesel sales.

What it means for the order bank

Dealers who fail to adapt their stock and ordering strategies to meet the growing demand for EVs risk being left behind by competitors who are better positioned to capitalize on the trend, potentially leading to lost sales and revenue.

The investment in kerbside charging infrastructure will also have a positive impact on the perceived value of EVs, potentially leading to increased pricing power for dealers and improved margins on EV sales.

Competitor response and market dynamics

Competitors who are slow to respond to the changing market dynamics and fail to invest in EV stock and charging infrastructure may struggle to remain competitive, creating opportunities for dealers who are proactive in their response to the trend.

Taking action

This week, dealers can take decisive action by reviewing their current stock and ordering strategies and making adjustments to ensure they are well-positioned to meet the growing demand for EVs, potentially including increasing EV stock levels and investing in on-site charging infrastructure.

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