HomeNewsNew Zealand News

New Zealand narrows car rebates to favor fuel efficiency and low emissions vehicles

New Zealand narrows car rebates to favor fuel efficiency and low emissions vehicles

The New Zealand government has announced plans to extend its car rebate scheme to favour buyers of electric cars with low emissions in a bid to boost

New Zealand Budget to contain $4 billion savings and reprioritisations over next four years, says finance minister
Fonterra Raises Milk Payout Forecast Amid Improved Outlook
New Zealand Reports 2,998 New COVID-19 Cases and 18 Deaths in Past Week

The New Zealand government has announced plans to extend its car rebate scheme to favour buyers of electric cars with low emissions in a bid to boost sales of green vehicles. Rebates will focus on more fuel-efficient cars, with fees increasing for vehicles with higher emissions. The government’s upcoming budget will increase the scheme allocation by NZ$100 million. Last year, 20% of all new passenger car sales in New Zealand were electric, up from 8% in 2020. The scheme is now expected to reduce emissions by 3.4 million metric tonnes by 2035.

error: Content is protected !!