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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.

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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.

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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.

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Rejected! EV makers Tesla and Polestar lash reported Coalition plan to wind back Australia’s CO2 reduction scheme

EV Central

Outspoken electric vehicle makers Tesla and Polestar have reacted strongly to a newspaper report forecasting a Dutton Coalition federal government would water down penalty provisions in Australias new CO2 reduction scheme. Ford Everest and Isuzu MU-X diesel SUVs are culled to avoid CO2 emissions fines READ MORE: A Bundle Of Cash!

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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!

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Tank 500 Ultra Review: Is this the electrified 4×4 wagon that signals the end for Toyota’s dirty diesels?

EV Central

Chinese electric pick-up an Aussie chance No Toyota Prado or LandCruiser does that – for all the Japanese giant’s promotion of its hybrids – nor the Ford Everest, Isuzu D-Max or any other ladder-frame 4×4 wagon. 2024 GWM Tank 500 Ultra price and equipment Okay, some background. All other GWM Models are 7-5-5. SCORE: 3.5/5

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Tesla now a top 10 selling brand as Model 3, Model Y storm up the sales charts

EV Central

The newly-arrived Tesla Model Y was also comfortably the country’s top selling mid-sized SUV priced over $60,000. Kia sold just 80 EV6s and Hyundai just 72 Ioniq 5s (their respective head offices won’t send vehicles in big volumes, citing a lack of CO2 emissions regulations). Top 10 selling brands for August 2022.

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