New Zealand Electric Vehicle Price War? - CleanTechnica

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New Zealand Electric Vehicle Price War? - CleanTechnica
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New Zealand Electric Vehicle Price War?

James of EVDB writes from New Zealand that calling the current situation in the land of the long white cloud an electric vehicle price war would be an overstatement, but that there is price movement. Newer generation EVs are arriving at lower price points . And older EVs are being discounted. Examples include a discount of NZ$9,000 off the Nissan LEAF, NZ$20,000 off some Audi e-trons, and the Peugeot e-2008 and Opel Mokka-e have been discounted, as well.

So far, 2023 has not seen the exponential growth of the previous 12 months. It appears to be holding steady. But “the market shows a strong shift from petrol-only vehicles toward hybrids — especially in the used import market.” As you would expect, this segment is dominated by Toyota, with 30% of light vehicles registered in April.

“To address the likely shortage of second-hand EVs, households are likely to need support to reach into the new vehicle market.” The question is —“For the second emissions budget period we propose recommending that the Government rapidly resolve the existing barriers to scaling up vehicle charging infrastructure, and at the same time develop incentives to accelerate the uptake of zero emissions commercial vehicles including vans, utes, and trucks.

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