$8000 given to electric car buyers

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The New Zealand Government has confirmed a system to help increase the number of electric cars.

From July 1, new electric car buyers will be able to get $8,625 rebate on their pure EV. New plug-in hybrid buyers will get up to $5,750 rebate. Each rebate can only be cashed in on cars priced under $80,000.

People who buy second hand electric cars will also get money. Up to $3,450 will be offered to second-hand EV buyers, and $2,300 for second-hand plug-in hybrid buyers.

To pay for the new scheme a new tax will be bought in for vehicles with internal combustion vehicles. These charges will be introduced in January 2022, and will not impact vehicles already in the country. 

For example, a new Toyota Hilux will reportedly incur a $2,900 charge and a Kia Sportage an extra $1,230. Curiously, according to the NZ Herald, the Nissan Navara is listed as only incurring an $830 charge. Petrol cars judged to be low emitters won’t incur any new charges.

Mark Gilbert, the chair of Drive Electric, is excited by the announcement. “Taken together, the emissions standards and consumer incentive, puts New Zealand on the map for electric vehicle manufacturers,” he said.

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