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2 Jul 2025 13:00
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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.

    © 2025 Newstalk ZB, NZCity

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     01 Jul: Businesses still see hope on the horizon, but recovery still remains slower than expected
     01 Jul: China's EV newcomer Xiaomi sells nearly 300,000 SUVs in an hour
     01 Jul: Foodstuffs is trialling the use of reusable plastic deli containers in six stores
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     Today's News

    Entertainment:
    Scarlett Johansson has revealed that her twin brother Hunter was her most enthusiastic supporter at the premiere of Jurassic World Rebirth 12:36

    Law and Order:
    Police are preparing to investigate a Gore toddler's death - for a third time 12:27

    Entertainment:
    James Norton is "crazily grateful" for the "pain" of his split from Imogen Poots 12:06

    Rugby League:
    Former Kiwis captain turned pundit Richie Barnett has explained why the Warriors can still finish in the NRL's top four, despite halfback Luke Metcalf's season-ending knee injury 11:57

    Law and Order:
    Cordons are up around a home in Auckland's Ponsonby - where a person was found dead last night 11:47

    Entertainment:
    Rihanna's father died of cancer and other serious illnesses 11:36

    Rugby League:
    The Dolphins now have eight of their top-30 NRL league squad absent with long-term injuries after scans on in-form playmaker Kodi Nikorima's hamstring 11:07

    Entertainment:
    Sir David Beckham has had an operation to repair a broken wrist he suffered in 2003 11:06

    Politics:
    US Senate passes Donald Trump's 'big beautiful bill' by narrow margin 10:57

    Law and Order:
    A teenager's died in Auckland City Hospital after he was involved in a serious crash in Kumeu on Friday night 10:47


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