New EVs. Lower prices. More choice.
As of April 1st this year, plug-in hybrid electric vehicles (PHEVs) are no longer eligible for the government’s Electric Car Discount. A key change that marks a new chapter in Australia’s push toward zero-emission transport.
While this shift may catch some drivers by surprise, it also puts the spotlight on fully electric vehicles (EVs), which remain FBT-exempt – and more cost-effective than ever through novated leasing.
Staying ahead of these changes is important.
That’s what the Remunerator EV Hub is for.
Your go-to destination for the latest updates on EVs eligible for the Electric Car Discount – complete with new prices, fresh models, and side-by-side comparisons.
The EV Hub is your tool to help find your perfect car match, faster.
Bookmark it – we’re keeping it live and updated all year long!
Introducing New EVs Available (and Some Price Drops, Too!)
The 2025 update brings new models and some exciting price changes. Here’s what’s new:
Tesla Model Y:
Refreshed interior. Longer range. Deliveries from May 2025.
Variants & Pricing:
Rear-Wheel Drive
RRP: $64,347
From $170/week on a novated lease plus running costs.
Long Range AWD
RRP: $74,767
From $221/week on a novated lease plus running costs.
🔗Learn more about the Model Y refresh
Volkswagen ID.4 & ID.5
Volkswagen’s debut EVs in Australia. Practical and stylish, with deliveries expected mid-2025.
ID.4 – Compact SUV
RRP: $65,496
From $176/week on a novated lease plus running costs.
ID.5 – Coupe-style SUV
RRP: $79,042
From $222/week on a novated lease plus running costs.
BYD Sealion 7
Mid-size SUV with coupe-like styling and five-seat practicality.
Premium Variant
RRP: $58,188
From $155/week on a novated lease plus running costs.
Xpeng G6
A compelling new alternative to the Model Y, with ultra-fast charging and advanced tech.
Single Variant
RRP: $57,950
From $155/week on a novated lease plus running costs.
🔗 Learn more about the new Xpeng G6
BYD Dolphin
Now under $30K, the new entry-level Dolphin is one of the most affordable EVs in Australia.
RRP: $32,138
From $80/week on a novated lease plus running costs.
Once the underdog, BYD is now winning over Aussie drivers in a big way. With serious price drops across their most popular models including the Atto 3, Seal, and Sealion 6, they’ve made electric driving more accessible than ever.
Updated pricing can be found on the EV Hub.
What’s Driving the EV Boom?
Once considered a niche market, EVs are now a popular choice for drivers. More Australian’s than ever are making the switch to electric power.
In 2023, there were 98,409 EVs sold (that’s up 60% from 2022).
In 2024, that number jumped a further 16% to 114,000.
Here’s what’s powering the boom:
Australian Drivers Have More Choice Than Ever
Since the Electric Car Discount launched in July 2022, the number of eligible EVs in Australia has exploded. Drivers now have real choice from SUVs, compact cars, and even people movers.
As of April 2025, there are over 40 different EV models available in Australia that qualify for the Electric Car Discount (Electric Vehicle Council).
Lower Prices Across the Board
Fierce competition has driven EV prices down significantly.
Tesla, once the dominant player in 2022–23, had to slash prices in 2024 to keep up with newcomers like BYD and MG — brands now offering high-quality EVs at prices that rival traditional petrol cars. BYD even has models starting under $30,000.
But the value of going electric isn’t just in the sticker price.
EVs have lower running and maintenance costs — no fuel, fewer moving parts, and less wear and tear. That means a lower total cost of ownership over time, especially when paired with the Electric Car Discount.
With more models now priced under the luxury car tax threshold, there are more eligible EVs than ever before — giving drivers more choice and more ways to save.
Are You Considering Going Electric?
With more models, updated pricing, and over 40 EVs now eligible for the Electric Car Discount, it’s a great time to explore what’s out there.
The Remunerator EV Hub is your go-to for the latest updates — compare models, track prices, and stay ahead of the curve as the EV market evolves.
→ Request a quote or browse the EV Hub now.
Weekly costs quoted based on Annual Salary of $100,000, 60-month lease term, annual 15,000km, VIC registration. Actual savings will vary based on your individual circumstances. RRP is based on driveaway price inclusive of VIC registration with on-road costs and government charges.
The information supplied on this page is provided as an information guide only. It contains Remunerator (Aust) Pty Ltd ACN 074 423 966 interpretation of the current Tax Legislation which is subject to change at any time without notice and should not be relied on as a substitute for legal or other professional advice. Example uses income tax rates effective 1st July 2024.