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2 Aug 2021 12:22
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  •   Home > News > Business

    Stepping on the accelerator to meet our carbon neutral targets

    Stepping on the accelerator to meet our carbon neutral targets


    Rebates for electric and plug-in hybrid vehicles will be introduced next month -- with fees on higher emitting vehicles to help fund the scheme starting next year.

    The rebates will be up to 8,625 dollars for new vehicles and 3,450 dollars for used.

    Transport Minister Michael Wood says there are significant benefits to owning an EV.

    He says charging an EV at home at peak is the same as filling up a petrol car at around 40 cents per litre, depending on your electricity retailer.

    Wood says battery EV motors have so few moving parts, there is less to maintain and less to go wrong.

    © 2021 Newstalk ZB, NZCity

     Other Business News
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    A high-profile Auckland businessman's appealing his conviction for breaching the name suppression of Grace Millane's killer More...



     Today's News

    Entertainment:
    Ricky Martin's "salvation" was meditation 12:04

    Business:
    A high-profile Auckland businessman's appealing his conviction for breaching the name suppression of Grace Millane's killer 11:56

    General:
    Canoe Racing New Zealand boss Tom Ashley is backing Lisa Carrington to cope with the unprecedented demands of her Tokyo campaign over the next few days 11:46

    Business:
    A possible new lease of life for Tiwai Point 11:46

    Cricket:
    Shane Warne in isolation after testing positive for COVID-19, says London Spirit cricket team 11:46

    Entertainment:
    Maisie Williams is thinking of going back to school 11:34

    Entertainment:
    Lee Latchford-Evans has become a father for the first time 11:04

    Golf:
    Tokyo Olympics updates: Italian Lamont Jacobs wins men's 100m final, countryman Gianmarco Tamberi shares high jump gold with Qatar's Mutaz Barshim 10:46

    Auckland:
    A woman has died from her injuries received during a serious crash in east Auckland 10:46

    Entertainment:
    Jade Carey's mother was "delighted" that her daughter was given the chance to step in for Simone Biles in the Olympic Gymnastics women's individual all-around final 10:34


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