NVES-style emissions penalties slashed in NZ as consumer cost concerns win out
The cost of emissions penalties under New Zealand’s Clean Vehicle Standard scheme has been slashed by up to 80 per cent as the cost to consumers comes under scrutiny.
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The New Zealand Government has drastically revised emissions penalties as part of its Clean Vehicle Standard.In a similar program to Australia’s New Vehicle Efficiency Standard (NVES), New Zealand’s Clean Vehicle Standard aims to prioritise the purchase of low or zero-emission vehicles, by setting CO