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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. READ MORE: NVES Strikes! The FCAI also opposes this proposed change in measurement.

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. Ford, GWM, Mazda, Mitsubishi and Nissan are joined by Isuzu and Toyota in the Level 2 red zone.

CO2
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Toyota a winner as CO2 reduction plan introduced to parliament with less pressure on SUVs and utes

EV Central

Australia is on schedule to have a CO2 reduction scheme for motor vehicle in place by January 1 2025. Hyundai calls for more EV support under Labor’s new CO2 reduction scheme READ MORE: It’s a green light for electric vehicles! Aussie CO2 standard tough on Toyota, SUVs and utes READ MORE: Get out of the way diesel!

CO2
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Honda Plans to Launch Hydrogen Vehicle Using FCEV Technology

Electric Vehicles India

The fuel cell technology reduces CO2 emissions achieving clean energy. In collaboration with Isuzu Motors and Dongfeng Motor Group, Honda has started testing fuel cell heavy-duty vehicles. This hydrogen may be transferred by pipeline, land, and sea and stored as hydrogen.