Some of Australia’s biggest companies and organisations have joined forces in an ambitious push to have one million electric cars on the road by 2027.

​The companies, which include the Woolworths Group, Microsoft, IKEA, AGL Energy and Linfox, have flagged the goal in response to the federal government’s release of a discussion paper on EVs in September.

​A compensation package for taxi licence holders worth half a billion dollars is in tatters after a backbench revolt forced the government to go back to the drawing board in an attempt to find extra money for drivers whose investments have been junked.
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The Daily Telegraph can reveal that a raft of government MPs blew up in a party room meeting on Tuesday, demanding taxi licence holders get fair compensation for the impact of rideshare companies like Uber on the industry.