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24 Apr 2024 4:27
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      Home > News > Business

    Stepping on the accelerator to meet our carbon neutral targets

    Stepping on the accelerator to meet our carbon neutral targets

    13 June 2021
    Rebates for electric and plug-in hybrid vehicles will be introduced next month -- with fees on higher emitting vehicles to help fund the scheme starting next year.

    The rebates will be up to 8,625 dollars for new vehicles and 3,450 dollars for used.

    Transport Minister Michael Wood says there are significant benefits to owning an EV.

    He says charging an EV at home at peak is the same as filling up a petrol car at around 40 cents per litre, depending on your electricity retailer.

    Wood says battery EV motors have so few moving parts, there is less to maintain and less to go wrong.

    © 2024 Newstalk ZB, NZCity


     Other Business News
     23 Apr: Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result
     23 Apr: Auckland Council has managed to score a trio of wins over three RMA breaches
     23 Apr: Sheep farmers are being urged to hang on
     23 Apr: The Prime Minister says a multi-million dollar cash boost for clean energy in Asia is money well spent
     23 Apr: Resident doctors are set to take to the streets, protesting a recent pay offer
     23 Apr: Despite recent struggles, businesses are feeling optimistic for the upcoming 12 months
     22 Apr: Painful living costs may be driving down concern about climate change
     Top Stories

    RUGBY RUGBY
    Gold Coast Titans and Kiwis prop Isaac Liu believes the allure of the Warriors jersey's become comparable to that of the All Blacks More...

    BUSINESS BUSINESS
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result More...


     Today's News

    		 Rugby League:
    Gold Coast Titans and Kiwis prop Isaac Liu believes the allure of the Warriors jersey's become comparable to that of the All Blacks 21:57

     Entertainment:
    All five Spice Girls reunited to perform at Victoria Beckham's 50th birthday party on Saturday night. 21:33

     Law and Order:
    A man who stabbed his older brother to death on his 19th birthday - has been acquitted of all charges 21:17

     Entertainment:
    Jess Glynne has had "a lot of therapy" 21:03

     Entertainment:
    Diane Kruger showers with her daughter so she can teach her about beauty products 20:33

     Motoring:
    IEA says global EV demand 'motoring along' as sales tipped to be one-in-five in 2024 20:27

     Entertainment:
    Olivia Munn's body is scarred with "divots and dents" after her breast cancer battle 20:03

     Entertainment:
    David Bowie told his Ziggy Stardust hair stylist his wife Angie wanted to hear about their fling - moments before he bedded the hairdresser 19:33

     Entertainment:
    Tom Selleck has revealed he "didn't get the girl" during his stint on 'The Dating Game' 19:03

     Business:
    Ryman Healthcare CEO - Richard Umbers - has resigned, a month out from the firm's full year result 18:57

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