Zero emission vehicles
Costs and savings
Upfront costs
Zero emission vehicles (ZEVs) have a higher purchase price than conventional internal combustion engine vehicles due to their technology. As new models enter the market, prices will continue to fall. ZEVs use fewer moving parts and require less frequent servicing. The Electric Vehicle Council of Australia advises the operating costs of ZEVs are 70% cheaper per km, when considering maintenance and fuel costs, than conventional internal combustion engine vehicles.
Battery costs
The battery pack accounts for roughly one-quarter of the total ZEV cost. Battery prices are expected to decrease and this is likely to lower ZEV purchase prices in the future.
Vehicle registration duty savings in Queensland
Queensland offers registration duty savings for battery electric vehicles (BEVs)—hybrid and electric.
- BEVs attract the lowest vehicle registration duty costs—get an estimate.
- BEVs also attract the lowest registration levels—get a registration quote.
For a comprehensive overview of long-term costs and savings, refer to the Electric Vehicle Council.
In this guide:
- Benefits of ZEVs
- Types of ZEVs
- Plug-in Hybrid Electric Vehicles (PHEVs)
- Costs and savings
- Environmental impact
- Batteries