Both provide advantages. A PHEV might suit someone who lives inner city, where trips are commonly short in duration and distance, so that the vehicle can mainly use the electric power it has without needing to significantly access the motor.

The benefit continues for longer trips away, where charging infrastructure may not be as readily available, and the vehicle is able to rely solely on its engine.

An electric vehicle doesn’t require fuel and because it has fewer moving parts to service (including no engine or transmission), it should generally be cheaper to operate overall. However, you need to charge the battery at regular intervals, so some pre-planning will be needed for longer trips.

Please note: From 1 April 2025, a plug-in hybrid electric vehicle will not be considered a zero or low emissions vehicle under FBT law. However, your employer can continue to apply the exemption if both the following requirements are met: 1) Use of the plug-in hybrid electric vehicle was exempt before 1 April 2025. 2) You have a financially binding commitment to continue using the vehicle for private use on and after 1 April 2025. For this purpose, any optional extension of the agreement is not considered binding. To qualify for the EV discount, plug-in hybrid electric vehicles must be delivered by midnight on 31 March 2025. Due to high demand and stock limitations there may be some vehicles that do not meet the delivery deadline for the EV Discount. Customers are advised to confirm delivery timelines before proceeding with their order.