News | Living & Travel
18 Apr 2024 6:45
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
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   Home > News > Living & Travel

    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 Living & Travel News
     17 Apr: Air New Zealand's looking to get a fully-electric plane in the skies within the next two years or so
     16 Apr: Spire collapses after fire breaks out at Copenhagen's 17th-century Old Stock Exchange
     16 Apr: A Sydney priest is stabbed while live streaming a sermon: how it unfolded
     16 Apr: A Wellington family's been revealed as the winners of a massive 30-million-dollar Lotto jackpot over the weekend
     15 Apr: Auckland Pride says the court process for the Karangahape Road Vandal has only helped Destiny Church
     15 Apr: The owner of a liquidated Auckland restaurant - must pay a former chef tens of thousands of dollars for employment breaches
     15 Apr: Teething issues at Auckland Airport's new 300-million dollar transport hub
     Top Stories

    The unbeaten Hurricanes will utilise their squad depth for Friday's Super Rugby match against the Fijian Drua in Suva More...

    Taylor Swift may get a tiny bit of the blame, for inflation and interest rates staying higher longer More...

     Today's News

    Katie Maloney can't explain her falling out with Lala Kent 6:40

    The Government's announced it's bringing forward a review of earthquake-prone building rules 6:27

    Nicole Scherzinger "did not want to consider" starring in 'Sunset Boulevard' when she was first approached 6:10

    Accident and Emergency:
    A pedestrian has died after being hit by a vehicle on Taupo's Ruapehu Street 21:57

    Andrew Scott has praised Paul Mescal for being a "wonderful friend" 21:40

    The unbeaten Hurricanes will utilise their squad depth for Friday's Super Rugby match against the Fijian Drua in Suva 21:17

    Robyn Dixon has been "fired" from 'Real Housewives of Potomac' 21:10

    Ciara is trying to lose 70lbs after giving birth 20:40

    Caitlyn Jenner would have "ruined [her] whole life" if she'd transitioned as a child 20:10

    Sharon Osbourne is "thinking of" Catherine, Princess of Wales, as she goes through cancer treatment 19:40

     News Search

    Power Search

    © 2024 New Zealand City Ltd