A NSW Government website

Electric vehicle fleets incentive

Key information

Competitive bid funding applications are still open but time is limited.

  • Competitive bid funding: initial bidding window for Round 6 opened 16 April 2025, 10 am AEST has been extended until 2 July 2025, 5pm AEST. Please refer to latest fleets incentive guidelines for eligibility, funding and application rules and requirements.
  • Kick-start funding for financial year 2024-25 is now closed. 

Key resources:

Latest fleets incentive guidelines

The NSW Government is helping businesses fast-track the transition of their fleet to electric vehicles. The EV fleets incentive provides funding for eligible businesses to help purchase battery electric vehicles (BEVs) and smart chargers. The funding covers part of the total cost of ownership (TCO) gap between a BEV and an equivalent internal combustion engine vehicle (ICEV), hybrid electric (HEV) or plug-in hybrid electric vehicle (PHEV). 

Benefits of electrifying your fleet

  • Save operating costs: EVs are significantly cheaper to run and do not need to be serviced to the same extent as ICEVs. An average NSW fleet driver is likely to save around $3,100 in running costs per vehicle per year by switching to an EV.  
  • Reduce carbon emissions: a fleet of EVs produce no tailpipe emissions making them superior for air quality, human health and the environment than an ICEV.  
  • Better performance: EVs are considered by experts and users to have greater technical performance than ICEVs.    
  • It all adds up: By making sustainable vehicle choices for your businesses, you're saving on costs and helping NSW reduce carbon emissions to reach net zero by 2050. 
A man leaning in the hood of a blue Tesla Model Y electric vehicle

See how STARTTS are driving sustainability and lowering overheads by transitioning their fleet to EVs.

Understanding your funding options

There are 2 funding options available under the EV Fleets incentive: 

Applicants that receive funding under the EV fleets incentive will be disclosed on the NSW Government Grants Finder website within 45 days of the funding agreement being entered into.

 

To learn more about funding options, please read the following resources:

Future Rounds

We will continue to support eligible NSW businesses and organisations to transition their fleets to EV. More details on future rounds will be updated as the program develops. Sign up to receive updates.

Eligibility checker: Electric vehicle fleets incentive funding options

Do you operate a fleet of at least 3 vehicles?
Do you own at least one licensed taxi?
Do you own and operate at least one truck that is registered under an ABN?
Do you have 21 or more vehicles in your fleet?
Are you applying for 11 or more electric vehicles?
Are you applying for between 1 and 15 electric vehicles?

 

You may be eligible.

It looks like you may be eligible for the Kick-start funding option.

 

You may be eligible.

It looks like you may be eligible for the Kick-start funding option.

 

Sorry, it looks like you may not be eligible for the Fleets Incentive. 

You can find out about other funding opportunities by visiting the NSW grant finder website.

 

You may be eligible.

It looks like you may be eligible for the Competitive bid funding option. If you're applying for 15 or fewer EVs, you may also be eligible for the kick-start funding option.

 

You may be eligible.

It looks like you may be eligible for the Kick-start funding option.

 

You may be eligible.

It looks like you may be eligible for the Kick-start funding option.

 

Sorry, it looks like you may not be eligible for the Fleets Incentive. 

You can find out about other funding opportunities by visiting the NSW grant finder website.

Information about EVs

Whether you’ve already started your EV transition journey or still planning, there is a suite of NSW Government resources available. These will help you figure out costs, driving range, charging and more.  

Electric vehicle tools and resources

Why buy an electric vehicle?

Which electric vehicle should I buy?

List of available EVs in Australia

Cost to own and drive an EV

Charging an electric vehicle

Find out where to charge your electric vehicle

Register your interest

If you wish to receive updates on BEVs and other NSW Government initiatives, fill in your details below:

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