New Zealand plans to subsidize electric vehicle purchases to curb emissions

New Zealand will allocate $357 million to help the lower-income families to buy hybrid vehicles or EVs.
By : HT Auto Desk
| Updated on: 23 May 2022, 07:22 AM
New Zealand government has said that it will increase investments in electric vehicle charging infrastructure and provide a clean vehicle discount. (REUTERS)
New Zealand government has said that it will increase investments in electric vehicle charging infrastructure and provide a clean vehicle discount. (REUTERS)
New Zealand government has said that it will increase investments in electric vehicle charging infrastructure and provide a clean vehicle discount. (REUTERS)
New Zealand government has said that it will increase investments in electric vehicle charging infrastructure and provide a clean vehicle discount.

New Zealand has announced a strategy to subsidize electric vehicle purchases in the country in a bid to curb vehicular emissions. The country aims to achieve net-zero carbon emissions by 2050 and expects 30 per cent of its light vehicle fleet to become all-electric by 2035. As part of the plan, the New Zealand government will allocate $357 million on a trial basis to help the lower-income families to ditch their old internal combustion engine vehicles and buy hybrids or EVs.

(Also Read: Tesla Model Y battery pack can be removed in 143 steps and replaced in 314 steps)

The government aims to make the country's transport sector more environmentally friendly, said New Zealand's minister of transport Michael Wood. Speaking about the strategy, New Zealand Prime Minister Jacinda Ardern said that this will be a landmark in the country's transition to a low emissions future. “We’ve all seen recent reports on sea-level rise and its impact right here in New Zealand. We cannot leave the issue of climate change until it’s too late to fix," she added.

Similar Cars

Find More Cars
Tesla Model 3 (HT Auto photo)
UPCOMING
Tesla Model 3
Electric | Automatic
₹70 - 90 Lakhs* *Expected Price
Tesla Model S (HT Auto photo)
UPCOMING
Tesla Model S
Electric | Automatic
₹70 - 1 Cr* *Expected Price
Tata Tigor Ev (HT Auto photo)
Tata Tigor Ev
Electric | Automatic
₹11.99 - 13.14 Lakhs**Ex-showroom price
Tata Altroz Ev (HT Auto photo)
UPCOMING
Tata Altroz Ev
 
₹12 - 15 Lakhs* *Expected Price
Tata Nexon Ev (HT Auto photo)
Tata Nexon Ev
Electric | Automatic
₹13.99 - 16.85 Lakhs**Ex-showroom price
Tata Nexon Ev Max (HT Auto photo)
Tata Nexon Ev Max
Electric | Automatic
₹17.74 - 19.24 Lakhs**Ex-showroom price

The New Zealand government has also said that it will increase investments in electric vehicle charging infrastructure and provide a clean vehicle discount to encourage the purchase of low-emission vehicles. New Zealand is not the only country that is promoting electric mobility and encouraging electric vehicle purchases by offering subsidies to consumers. Several other countries across the world have adopted similar strategies to promote electric mobility 9in an attempt to reduce their carbon footprints.

Vehicular emissions are considered one of the key contributors to air pollution. Electric vehicles being equipped with zero tailpipe emission technology, emit no pollutants into the air, unlike their internal combustion engine-powered counterparts. This is the reason why several countries around the world are promoting electric vehicles and electric mobility at large.

First Published Date: 23 May 2022, 07:22 AM IST
Recommended For You
View All
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
By clicking VIEW OFFERS you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city