New Zealand EV Market Seeks New Normal — Dips to 4.1%

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New Zealand EV market seeks new normal as it recovers from government policy changes which include a Road User Charge.

describes the February numbers as “subdued,” at around 4.1% of all light vehicles. The sedan market was more encouraging at 8.9% penetration. We need more electric utes! This penetration rate is much lower than the 2023 average of747 plug-in vehicles were added to the New Zealand fleet in February 2024, 482 BEVs and 265 PHEVs . That’s out of a total of 18,094 light vehicles . EV numbers are increasing, but not at the same rate as the fossil fuelled portion of the market.is suffering a setback.

New Zealand has robust used car import industry, with 90 used EVs imported. Nissan Leaf numbers doubled month on month. Used BEVs are not included in the top ten figures above, but they are as follows: 69 Nissan Leafs; 5 Tesla Model S; 3 Peugeot 2008; 2 Tesla Model X; 2 Nissan e-NV200; 2 Nissan Sakura; 2 Audi e-tron; 2 Jaguar i-PACE; 1 Renault Zoe; 1 Mazda MX30; 1 Peugeot e-208. No hydrogen cars were sold.

The majority of discussion on the NZ EV Facebook page has been about the introduction of the road user charge .Re: plug-in hybrid EVs: “The majority of us consider that a 30% reduction of the RUC rate effectively accounts for any additional costs in fuel excise duty.” I agree — distance and weight should be the considerations and the RUC should apply to all vehicles. In broader news: severe weather events, fuelled by climate charge, are causing an estimated NZ$1.7 billion in damage to NZ roads — discouraging EV uptake will not help. The road user charge will not fund it. Governments need to seek better solutions.) with some great graphs demonstrating the total cost of ownership advantage of electric cars charged at home.

 

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