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New Zealand unveils $8,600 subsidy for electric vehicles

New Zealand unveils $8,600 subsidy for electric vehicles




Now over to new zealand where then with  an aim to push sales of cheaper vehicles  in a latest move the new zealand  government  is offering subsidies to make electric  vehicles thousands of dollars cheaper  the country is trying to transition to  emission-free fleet and according to new  zealand's climate commission  recommendations sweeping changes are  required to get country  closer to emission targets according to  which electric vehicles would need to  make up half of  light vehicle registrations by 2029 and  100  by 2035 the subsidies starting next  month  for electric and some hybrid vehicles  would be up to eight thousand  six twenty five dollars new zealand  dollars it is for vehicles new  and three thousand four fifty new  zealand dollars for used cars  they will start next month some please  subsidies would be funded by introducing  new changes  on imports of high mission uvs and suvs  there will be more charges  on them and to talk more about this we  are today joined  from auckland by hershey and juleka he's  co-founder of uh  startup hands and thank you for joining  us simon first of all what is this  scheme all about and how is it going to  help new zealand government in meeting  the climate and emission control targets  uh uh hi sumit uh thanks for uh inviting  me to uh share the insights  uh what's happening now is uh there's a  huge  huge focus of the new zealand government  on going uh electric  and reducing the carbon footprint of the  country  and that's why it's encouraging electric  vehicles and hybrid vehicles uh  across the country uh they plan to reach  hundred fifty thousand uh  uh hundred well that is one point five  lakh sales of electric vehicles every  year it was about  6000 vehicles last year and uh but still  we can see  a lot of plug-in play uh plug points uh  outside supermarkets where you can  charge your vehicle for about four for  four  to four point five dollars for 30  minutes uh  right now what it's doing from next  month that if you buy  a new vehicle new battery electric  vehicle under eighty thousand dollars  you will get a  direct cash transfer from the government  about eight eight six two five  dollar eight six two five and if you use  if you buy a used import  that would be three four five zero  dollars three thousand four and fifty  and if you buy a hybrid vehicle like a  toyota prius which is very very popular  here in uh new zealand  uh and also australia uh the new vehicle  uh subsidy that will be transferred into  your account is five seven  five zero and for a used importer that's  a used prius  if you buy that will be twenty three  hundred dollars  so uh the long waiting list also  over the weekend to buy these cars that  they were not available in  good numbers and that's why there was a  long waiting list as well  yeah that's right uh because of this  policy  uh and also prior to this uh there's a  huge demand for hybrid vehicles uh  uh across new zealand uh do you you know  you must be knowing that both ola and  uber are present in new zealand  and hybrid is a very very favorite uh  favorite choice for all the taxi drivers  here and also  uh people who want to have a uh who want  to have a clean car and  you know are very very environmentally  cost conscious they  prefer vehicles which are electric but  hybrid is much much better because you  can actually  use both the fuels which is a petrol and  a  and a battery uh whereas in just  electric vehicles you can't just  like go from auckland to a wellington  just in a quick vehicle and come back  because  the charge runs out up to 150 kilometers  so so  i mean it's better to buy uh i would  recommend uh  you know a hybrid vehicle than a tesla  because uh  uh it tesla you've got to charge it  after some you 150 or 200 kilometers  but uh i'm not not exactly sure of the  kilometer range but uh  but in the hybrid it keeps on charging  uh so that's why there's a huge focus on  hybrids and there's a huge demand for  hybrids as well  thank you so much for joining us from  auckland well thank you for  getting us all these detailed hard  supremes.

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