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Driving the Nation fund

Cook AP

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The Albanese Government's $500 million Driving the Nation Fund supports Australia's transition to electric vehicles through a comprehensive national charging infrastructure and fleet investment program.

Prior to this initiative, Australia lacked a cohesive national network of EV charging infrastructure, with significant gaps in regional areas creating 'range anxiety' for potential EV adopters.

Announced in 2022 with an initial commitment doubled to $500 million, the Driving the Nation Fund encompasses several key initiatives. The program includes partnerships with NRMA to create a national 'backbone' of 117 fast-charging stations approximately every 150km on highways, connecting all capital cities.

The fund also supports the automotive sector through the $60 million DRIVEN program for dealerships and repairers, and establishes Hydrogen Highways with up to $80 million in co-investment with states and territories.

The Australian Renewable Energy Agency (ARENA) manages additional funding streams focused on reducing road transport emissions through various projects and innovations.

Key Statistics and Features:

  • Total funding pool of $500 million (doubled from initial $250 million)

  • 117 EV charging stations across national highways ($39.3 million)

  • $60 million DRIVEN program over 4 years, including:

    • $40 million for dealership and repairer charging rebates

    • $20 million for public charging grants

  • Up to $80 million for Hydrogen Highways

  • Charging stations placed every ~150km on highways

  • All capital cities connected via charging network



[1] https://arena.gov.au/funding/driving-the-nation-program-2/

[2] https://www.dcceew.gov.au/energy/transport/driving-the-nation-fund