Why are low-income workers paying for rich people’s EVs?

Since the onset of the war in Iran, electric vehicle sales in Australia surged 42 percent in March, with 15,839 units sold. Despite the push for environmental benefits, high-income earners dominate the market, with nearly half of EV buyers earning over $150,000 annually. Critics argue that the fringe benefit tax break disproportionately aids wealthier individuals, escalating government costs considerably.

Summary by Glance · Brisbane Times