As the fuel prices are zooming up, Queensland has announced that it will give subsidies and rebates to those buying electric vehicles in their region. And a $3000 rebate is being offered on Tesla’s Model 3 Sedan to tap into the benefits from the Electric Vehicle revolution with surging petrol prices.

Specifically speaking, most of the rebates on electric-powered vehicles will apply to only those cars that come under the $58,000 price bracket. And those willing to buy vehicles above the said market price will have to wait for their turn, it seems.

However, Tesla Australia’s car division has made it official that the government announced subsidies will not apply to its $3,900 Tesla Model 3 Rear-wheel drive, currently selling as the best EV in entire Australia.

Premier Annastacia Palaszczuk, the ruling Australian politician, announced that the subsidy on EVs will be backed up by the decision to boost the vehicle charging network with a private sector investment of $10 million.

So, those who are worried that their battery might get down on move can feel elated as they can charge their vehicles on the roadside, albeit if all goes well as per the plan.

To encourage more automobile companies to set up their shops in Queensland, the government will also offer them required commercial spaces at subsidized rates and will support them from time to time, in all forms.

With oil reserves about to deplete by the year 2030, people interested in buying a car should start focusing on vehicles running on renewable energy.

Currently, only battery-powered vehicles are being sold and there is a high probability of vehicles running on solar energy will be introduced in the new few years.