News | Business
22 Apr 2024 0:21
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Business

    Concern around an excess of electric vehicles supply

    Concern around an excess of electric vehicles supply


    EVs have fallen from one in four new vehicles bought in 2023 to one in 26 in January this year - after the Government scrapped the clean car rebate.

    Brands are now having to rethink - and discount - EV stock they ordered when demand was at an all-time high.

    Toyota NZ chief executive Neeraj Lala says they order their cars a year in advance.

    He says even if they can foresee a government change, there's only about six to eight weeks notice - and the market can't respond quickly enough.

    © 2024 Newstalk ZB, NZCity

     Other Business News
     21 Apr: Trade Minister Todd McClay says our trade relationship with China remains strong
     21 Apr: The tourism industry in Rotorua is projected to bring in 400-million dollars in four years
     20 Apr: Demand for pet-friendly rentals are likely to rise with new changes to rental bonds
     20 Apr: Why Japan is the only country where married couples must have the same surname
     19 Apr: The Auckland Ratepayers Alliance says the latest Government measure to ease rates, only solves a small part of the problem
     19 Apr: Larger than life
     19 Apr: Households will need to keep spending tight for another year yet
     Top Stories

    RUGBY RUGBY
    Matt Payne has finished the best of the Kiwis in fourth in the final Supercars race at the Taupo 400 More...


    BUSINESS BUSINESS
    Trade Minister Todd McClay says our trade relationship with China remains strong More...



     Today's News

    International:
    America is a step closer to banning TikTok, but will it work? 22:37

    Living & Travel:
    A community science project in Wellington has found cats have wiped out a population of North Island robins 21:57

    Motoring:
    F1 Chinese Grand Prix: Max Verstappen wins, Daniel Ricciardo hit by Lance Stroll 21:47

    Rugby:
    Matt Payne has finished the best of the Kiwis in fourth in the final Supercars race at the Taupo 400 21:17

    Netball:
    The Mainland Tactix have weathered a third quarter fightback from the Stars to win their ANZ Premiership netball encounter in Christchurch 59-54 18:57

    International:
    Australia has a food allergy crisis impacting 10 per cent of infants, but critical research is underway 18:57

    Swimming:
    Chinese swimming doping case sparks spat between global and US anti-doping agencies 18:57

    Rugby:
    A hectic three years after the last Olympics has been capped off with a return to sport's biggest stage for New Zealand distance runner Camille French 18:37

    Rugby League:
    In rugby league's NRL, the Bulldogs have thrashed the Knights 36-12 at Stadium Australia 18:07

    Law and Order:
    The children of a Northland police officer killed when she was hit by a car while out walking her dogs in Helena Bay, near Whangarei, say their mother touched so many lives 17:27


     News Search






    Power Search


    © 2024 New Zealand City Ltd