New Zealand EV Market Flat In August 2023

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Although the NZ EV market has been flat in 2023, expectations are that affordable new EVs will give it a future lift amid election jitters.

These were followed by small numbers from a smattering of brands: BMW, MG, Land Rover, Jeep, Volvo, and others.The top 5 petrol car brands were: Kia , Suzuki , Mitsubishi , Mazda , Nissan . Is it Japan vs China ?New Zealanders go to the polls to elect a new national government on October 14. According to recent polls, a right-leaning coalition is on track to win. It has previously pledged to, which has been hugely successful in driving the EV surge in the market.

“Around 20 per cent of New Zealand’s total emissions come from transport, so embracing EVs is crucial to delivering our climate change commitments,” National Party Leader Christopher Luxon said. “Accelerating the rollout of EV infrastructure, from the 1,200 currently available to 10,000 in 2030, will give more Kiwis the confidence to make the switch to electric.” Luxon announced today that the Nationals would invest $257 million over four years. This is double Labour’s commitment.

The Clean Car Discount scheme currently grants anyone buying an electric vehicle priced at $80,000 or under a $7,015 rebate. This has led to a huge number of electric vehicles being priced at $79,990 .when farmers and tradies do not have an electric alternative. “The ute tax on high-emitting vehicles like utes and SUVs is used to fund the rebates for people buying low- or zero-emissions vehicles.

 

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