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home / articles / world s worst ev policy scrapped in tesla s promisin mwn benzinga


TECH - World's 'Worst EV Policy' Scrapped In Tesla's Promising Playground | Benzinga

The Australian High Court has ruled against the state of Victoria’s taxes on hydrogen and plug-in hybrid vehicle owners — known as Zero and Low-Emission Vehicles (ZLEVs) — often called the “worst EV policy in the world,” stating that only the federal government can impose excise duties. 

What Happened: The tax was implemented in 2021, charging up to 2.8 cents for every kilometer traveled in an EV, according to a report by the Australian Associated Press.

"The ZLEV charge is, as its name suggests, a tax on ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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