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Is it too early to tell where the New Zealand electric vehicle market will settle in the medium to long term? I hope so, as the figures from February are slightly worse than those of January 2024. We are still waiting for a recovery from changes in government policy.
James from EVdb describes the February numbers as “subdued,” at around 4.1% of all light vehicles. The sedan market was more encouraging at 8.9% penetration. We need more electric utes! This penetration rate is much lower than the 2023 average of a little over 27%.
747 plug-in vehicles were added to the New Zealand fleet in February 2024, 482 BEVs (double January’s numbers) and 265 PHEVs (about the same as in January). That’s out of a total of 18,094 light vehicles (again, double January’s numbers). EV numbers are…
Read the full article originally published at cleantechnica.com.