Australian policymakers reject New Zealand's ambitious electric vehicle proposal.

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【Summary】New Zealand's plan to increase taxes on gas-guzzling vehicles and provide rebates for electric cars has been rejected by Australian policymakers.

FutureCar Staff Aug 25, 2023 9:53 AM PT

Australian policymakers reject New Zealand's ambitious electric vehicle proposal.

The New Zealand government had implemented a bold plan to increase taxes on utes and SUVs in order to fund rebates on electric cars. This plan has been in effect since July 2021.

However, Australian policymakers have now ruled out adopting a similar approach. They have decided not to increase taxes on these types of vehicles to fund incentives for electric cars.

This decision by Australian policymakers is in contrast to the New Zealand government's strategy. While New Zealand aims to encourage the adoption of electric vehicles by making traditional fuel-powered vehicles more expensive, Australia has chosen a different path.

It remains to be seen how this difference in approach will impact the adoption of electric cars in both countries. While New Zealand's tax increase may incentivize consumers to switch to electric vehicles, Australia's decision may have a different effect.