New Zealand launches EV incentives package
The country is targeting 64,000 EVs on its roads by 2021, supported by a $1m annual promotional campaign targeting consumers and ambitions to drive bulk uptake among public and private sector fleets.
Road User Charges will be extended for light-duty EVs and introduced for heavy-duty vehicles, until these make up 2% of the total parc. Access to high-occupancy vehicle and bus lanes on the State Highway network and local roads will also be available, similar to incentives in Norway and New Zealand.
A national charging network will also be rolled out, with funding for projects developing EV technology within New Zealand.
Transport Minister, Simon Bridges, said the country is well-suited to electric vehicle use, with more than 80% of its electricity coming from renewables, a low average mileage and 85% of homes featuring off-street parking.
“The benefits of increasing uptake of electric vehicles are far-reaching,” he said. “They’re cheaper to run than petrol or diesel vehicles, they’re powered by our abundant renewable electricity supply, and they’ll reduce the amount of emissions that come from the country’s vehicle fleet.”For more of the latest industry news, click here.