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Discount bonanza: EV prices could be chopped because of changes to NVES CO2 reduction scheme

EV Central

The EV buying bonanza is being predicted because of a change in the way Australias new CO2 reduction rules work. Currently, the New Vehicle Emissions Scheme (NVES) bases an automotive brands combined CO2 emissions on how many vehicles it imports. Emissions should be counted when the vehicle is sold, Hobbs said.

CO2
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Danger signs! Latest research shows top ICE brands including Toyota, Ford and Nissan struggling to hit new Aussie CO2 limits

EV Central

New research has shown how much trouble some top brands including Ford, Nissan, GWM and even Toyota could find themselves because of Australias new CO2 emissions reduction scheme if they dont transition to electric vehicles quickly enough. billion in 2029. READ MORE: Which is best for the environment: EV or ICE? The post Danger signs!

CO2
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Isuzu vows to stay in Australia: Plug-in hybrid research revealed, but questions over D-Max EV confirmation

EV Central

EV, PHEV and mild hybrid are all being investigated by Isuzu as Australias new CO2 reduction rules are just months away from starting measurement of brand emissions. The D-Max EV was confirmed as one of those technologies in 2024, when it was revealed at the Bangkok motor show in Thailand in 2024 as a concept. Danger signs!

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Government to offer £3,750 to EV buyers

EV Info

The spokesperson said bands (which could expand beyond two) are determined by how much CO2 is emitted in an EV’s production, assessing the energy used in vehicle assembly as well as battery manufacturing. Cars deemed to be in “band one” will be discounted by the full £3750 while those in “band two” will receive up to £1500.

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“A Bundle Of Cash!” Australia’s new CO2 reduction scheme can be lucrative for EV brands, predicts local XPeng importer

EV Central

While legacy auto makers ponder the financial impact of Australia’s new CO2 reduction scheme, the local importer of Chinese XPeng electric vehicles says there is the potential for EV-only brands to make a bundle of cash. Exceeding the CO2 emissions target will cost brands up to $100 per gram of CO2 per vehicle imported.

CO2
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Diesel out. EV later. PHEV in! Hyundai finally firms up its dual cab ute plans for Australia

EV Central

2025 Hyundai Staria going electric as zero-emissions rival for Ford E-Transit, Volkswagen ID. Romano is keen to avoid diesel because the New Vehicle Efficiency Standard (NVES) will tighten over the next few years, with fines for CO2 emissions steadily increasing. It does not currently sell PHEVs in Australia.

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Look out Toyota HiAce! Kia PV5 electric van business case looking “positive” for Australia

EV Central

Kia aims for huge EV sales growth and hybrid expansion in Australia in 2025 to avoid CO2 emissions penalties The bigger PB7 is a couple of years away, but is also a chance for Australia. Powered by a 120kW/250Nm e-motor driving the front wheels, the PV5 is offered with battery packs up to 71.2kWh offering a claimed range around 400km.

Kia