The Australian Government has launched the first round of a fund that will address barriers to rolling out new vehicle technologies.
The first round of the Future Fuels Fund will provide $16.5 million in grants to pay for battery electric vehicle fast-charging stations across capital cities and key regional centres. The funding seeks to address blackspots in charging infrastructure to make it easier for consumers, businesses and fleet owners to transition to electric vehicles.
The Australian Renewable Energy Agency (ARENA) will administer the fund.
The Future Fuels Fund is the centrepiece of the $74.5 million Future Fuels Package, announced in the 2020-21 Budget. The package aims to help businesses and consumers take advantage of opportunities offered by hydrogen, electric, and bio-fuelled vehicles.
The package is central to the Future Fuels Strategy, with a discussion paper currently open for feedback on our Consultation hub.
We expect to release the final Future Fuels Strategy in the first half of 2021.
Read more about the Future Fuels Fund and how to apply on the ARENA funding page.
Applications close on 6 April 2021, 5:00 pm local time in Canberra, ACT.