EV sales plummet after clean car scheme scrapped
EV sales plummet after clean car scheme scrapped
newsroom.co.nz
EV sales plummet after clean car scheme scrapped
9 comments
-
-
I would imagine that people in the market for an EV would have bought it already last december, before the funding was cancelled.
-
My thoughts too. From memory sales of double cab utes also surged immediately before and plummeted immediately after the prices went up as expected due to their high emissions.
-
I had a BEV on the budget for late this year (move banks to get a low-interest loan + some savings once the mortgage comes off fixed), isn't practical with the price increase, so will back burner that plan for a couple of years and hope prices drop a bit
-
We had planned a new vehicle late this year, changing the price by $7k makes a huge difference to the calculations.
-
-
-
Every time there is a government incentive, the car prices go up. So the discount just goes into the dealer's pocket.
-
That certainly wasn't true in this case. The incentive was capped so car manufacturers made sure their cars were priced under the cap.
-
9 comments
I can't imagine why increasing the price of something by $7000 would suppress demand for it
Nobody in this government understands economics apparently.
Oh I'm pretty sure they do. The intended outcome was achieved