article thumbnail

New Zealand simplifies Road User Charges system, extends exemption for light electric motor vehicles from 2013 to 2020

Green Car Congress

New Zealand is implementing revenue-neutral changes to its road user charges (RUC) system as of 1 August 2012. In New Zealand, diesel and electric-powered vehicles pay for their road use through road user charges. The fund—which was approximately $2.65 battery electric) or partly (i.e., tonnes or less.

article thumbnail

ACIA Aero Leasing LOI with Universal Hydrogen for up to 30 regional aircraft conversions to hydrogen power

Green Car Congress

ACIA expects to place 10 firm orders for Universal Hydrogen’s ATR 72 conversion kits with additional purchase rights for 20 more conversion kits of various turboprop types. Universal Hydrogen Co.

Hydrogen 243
article thumbnail

Tesla revenue from NZ EV rebates hint at potential IRA benefits [Feature]

Teslarati

Tesla doubled its revenue after New Zealand’s Clean Car policy introduced rebates to decarbonize its fleet. Tesla New Zealand’s revenue hints at the potential benefits of the United States Inflation Reduction Act (IRA). Tesla New Zealand’s revenues in the past show an increase in EV adoption.

article thumbnail

American Rheinmetall Vehicles and GM Defense partner to pursue US Army’s Common Tactical Truck program

Green Car Congress

The Army expects to execute multiple Prototype Projects before determining whether to proceed to initial production that could entail purchase of approximately 5,700 vehicles at a value of around $5 billion. The HX3-CTT is the new, next-gen variant of the globally successful HX family of military-off-the-shelf tactical trucks.

GM 259
article thumbnail

EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

With the introduction of the Clean Car Discount in 2022, the skyrocketing prices of petrol and diesel across the country and the increasing number of electric vehicles available in New Zealand, we are seeing more EVs on our roads than ever before. There are thousands of public electric vehicle charging stations across New Zealand.

article thumbnail

Daimler Financial Services makes strategic investment in Soul Machines; artificial and emotional intelligence

Green Car Congress

Daimler Financial Services, the financial and mobility services arem of Daimler AG, has made a strategic investment in Soul Machines—a New Zealand company re-imagining how humans connect with machines—further to develop the combined use of artificial and emotional intelligence. Terms of the investment were not disclosed.

article thumbnail

Drive Electric Submission: Reviewing the Road User Charges System

Drive Electric

Drive Electric is a not-for-profit advocacy organisation supporting the uptake and mainstreaming of e-mobility in New Zealand, a key part of decarbonising transport. We have framed this response around our mission, which is to accelerate the uptake of e-mobility in New Zealand. 12 April 2022 . Executive Summary.