Articles tagged with Clean Vehicle Standard
New Zealand Cuts Clean Vehicle Standard Charges to Lower Car Costs in 2026
1 day ago | 56 viewsThe Government has passed legislation to temporarily reduce charges under the Clean Vehicle Standard by nearly 80% starting January 2026, aiming to prevent an estimated $264 million in extra costs being passed to consumers. The Standard, which sets progressively tighter CO₂ emission targets for vehicle imports, currently causes most importers to incur charges, risking higher vehicle prices. The changes include protecting credits until 2028 and launching a full review by June 2026 to ensure the Standard remains effective and sustainable for New Zealand.
Tags: Chris Bishop Clean Vehicle Standard New Zealand Transport Minister vehicle emissions legislation CO2 emissions fuel efficiency import charges emission targetsNZ Government Cuts Vehicle Import Charges to Make Cars More Affordable in 2026
4 days ago | 81 viewsThe New Zealand Government is temporarily reducing charges under the Clean Vehicle Standard by nearly 80% for 2026 and 2027 to ease financial pressure on vehicle importers and keep car prices affordable for consumers amid supply shortages and falling EV demand. These changes aim to prevent significant cost increases for Kiwis, estimated to avoid $264 million in net charges, while a full review of the Standard is underway with recommendations due by June 2026. The amendment, expected to take effect on January 1, 2026, will also protect credits from expiring before the end of 2028, supporting the local automobile industry and maintaining consumer choice.
Tags: Chris Bishop Clean Vehicle Standard New Zealand Transport Minister vehicle importers CO2 targets EVs hybrid vehicles Land Transport Amendment Bill car pricesNew Clean Vehicle Standard Updates Promise More Affordable and Fuel-Efficient Cars for Kiwis
3 months ago | 492 viewsThe Government is updating the Clean Vehicle Standard to provide importers with greater flexibility in meeting CO2 targets and ensuring access to more fuel-efficient and affordable vehicles for New Zealanders. Changes include allowing credit transfers between importers, extending credit lifespan, and setting targets not based on vehicle weight. These improvements aim to reduce costs passed on to consumers, support importers in bringing in more fuel-efficient vehicles, and are part of the Land Transport (Clean Vehicle Standard) Amendment Bill (No 2).
Tags: Government Clean Vehicle Standard CO2 targets Kiwis Transport Minister Chris Bishop importers credits New Zealand