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Was the EV market pushed too fast?

Author
Newstalk ZB,
Publish Date
Thu, 15 Aug 2024, 9:32am
Photo / Getty Images
Photo / Getty Images

Was the EV market pushed too fast?

Author
Newstalk ZB,
Publish Date
Thu, 15 Aug 2024, 9:32am

The demand for electric vehicles has continued its decline.  

Last year importers across the country were scrambling to meet demand, and Auckland City Electric Vehicles was awaiting one of their largest shipments.  

Since the axing of the clean car discount, BMI Research figures suggest that the total decline in EV sales will fall by nearly 11 thousand vehicles this year.   

Auckland City Electric Vehicles CEO Greg Larsen told Mike Hosking that every manufacturer is going down the EV track, and he thinks they may have gone too fast.  

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