Are EVs cheaper in New Zealand?
While in the last few years there has been a huge expansion in the range of EV models at different prices available in New Zealand, it’s still true that new electric vehicles with good range can cost more up front than their petrol/diesel equivalents.
How much does an electric SUV cost in New Zealand?
A popular electric SUV costs the equivalent of $52,000 in Canada; here in New Zealand, the same model’s price tag is closer to $80,000. Why the huge difference? As part of its wider climate programme the government will start subsidising many new electric vehicles coming into the country with a cheque of up to $8,625 from next month.
What are the implications for New Zealand's EV supply?
The implications for New Zealand are that there is significant expected investment in EV production capacity and significant increases in sales. New Zealand would expect to increase imports in-line with these global trends. This means that, in the longer run, eg by 2030, there are expected to be no significant limits to EV supply.
Which electric cars are covered under New Zealand's new subsidy?
The government’s new subsidy programme only covers electric cars under $80,000. While electric cars are expensive around the world, the ones sold in New Zealand are even more so. Waka Kotahi, the NZ transport agency, released a list of cars covered under the new subsidy on Sunday. One of them is the Hyundai Kona electric.
How much does an ICEV cost in New Zealand?
The overall purchase cost comparison with ICEVs then depends on the additional costs of batteries. Purchase price differences are thought most likely to persist for lower-cost vehicles;74 in New Zealand this is expected to be those under $35,000.
How much do electric cars cost in New Zealand?
They average about $70,000 each in New Zealand, according to a recent analysis from the Motor Trade Association. The figure doesn’t include high-end electric sports cars, like the zippy Tesla model S cars seen in the country’s posher areas. The government’s new subsidy programme only covers electric cars under $80,000.
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Demand flexibility — a smarter grid
The future of energy in New Zealand. With diverse renewable energy options, our country is well-positioned to transition to a sustainable, low-emissions energy system. New Zealand''s energy-related emissions. Learn where our greenhouse gas emissions come from, and how we can reduce emissions from energy use. Demand flexibility — a smarter grid
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