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Value of electric vehicle imports falls nearly 60 percent

Value of electric vehicle imports falls nearly 60 percent

RNZ News4 days ago
Electric vehicle imports have seen a large decline in last year. (File photo)
Photo:
Horst Galuschka / DPA / dpa Picture-Alliance via AFP
The value of fully electric vehicle imports fell nearly 60 percent in June over the year earlier.
Stats NZ said the total value of passenger motor vehicle imports for the 12 months to June was down 23 percent or $1.4 billion to $4.9b.
"Electric vehicle imports saw the largest decline, down by $518 million," Stats spokesperson Viki Ward said.
The value of electric vehicle imports fell 57 percent, totalling $395m, with plug-in hybrid electric vehicles down 38 percent to $234m, while hybrid electric vehicle imports rose 3.8 percent to $1.6b.
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