Electric Vehicle Sales Down 27 Percent in New Zealand

Published on April 3, 2024

The number of New Zealanders willing to shift to an electric vehicle (EV) has sharply declined over the past three months, with less than one in four new cars leaving the lots being electric, posing a significant challenge for the government in meeting its climate targets. Data from the Motor Industry Association (MIA) for the March period shows a significant decline in new EV Sales compared to March of the previous year. Only 11,616 new vehicles were registered, marking a decrease of 27.4 percent from March 2023, and a 44.7 percent decline from March 2022. EV ownership in New Zealand had been on the increase through the middle stages of the pandemic, as consumers hit by a credit crunch took advantage of incentives like a clean car rebate scheme, road user charges exemptions, and discounts on registrations provided by the previous Labor government....

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