Which electric cars are available in NZ? Are EVs environmentally friendly?

July 01, 2021 01:26 PM AEST | By Jasmine Anand
 Which electric cars are available in NZ? Are EVs environmentally friendly?
Image source: guteksk7, Shutterstock.com

Summary

  • Electric vehicles (EVs) are the future of the world as they boast low carbon emissions and low maintenance costs.
  • The environmentally conscious New Zealand Government has allocated numerous funds and has outlined a roadmap for the country to become carbon neutral by 2050.
  • There is an influx of electric cars in the country, right from high-end EVs to pocket-friendly ones.

As the world economy hits a pivotal juncture where nature is pierced with a record pollution, dramatic climb in global temperatures, and harsh climatic changes, countries across the globe are making umpteenth efforts to reduce toxic emissions.

Source: Copyright © 2021 Kalkine Media

In spite of numerous efforts, greenhouse gas emissions are notoriously rising. As per reports, global carbon dioxide emissions stood at 36 billion metric tons in 2019.

This has pushed the need for electric vehicles (EVs), which are an answer for the sustainable tomorrow. These EVs are proving a boon to ensure a cleaner and greener ecology.

Source: Copyright © 2021 Kalkine Media

Are EVs environment friendly?

Environment-conscious people are propagating the increased use of electric vehicles because of numerous reasons. Though some people state that these electric vehicles are very expensive and require a long charging time, the advantages of the use of electric vehicles outnumber counterviews.

  • The foremost benefit of using an EV is that it reduces carbon footprint.
  • It works on electricity, which is a renewable resource unlike its gasoline-operated peers.
  • They require low maintenance, thus are very sustainable in the long run.
  • Though these electric cars are quite costly, but at the same time, they reflect high-quality performance.
  • Moreover, electric car owners can avail tax credits.
  • These electric cars make no noise as they have no engine under the hood.
  • Also, after buying an EV, one does not have to worry about the ever-escalating fuel costs.
  • These electric cars can be charged conveniently at home, simply plug-in car for 4-5 hours, and it is ready to move. Nowadays, many new EVs are equipped with fast-charging capabilities, which enable them to prep up within 60 minutes.

The climate-conscious NZ Government

New Zealand has already started working towards a carbon-neutral future by 2050. The NZ Government has chalked out a roadmap in this regard and has allocated an additional capital of NZ$300 million for New Zealand Green Investment Finance to support climate change mitigation and create more job opportunities in sustainable sectors.

Further, it has set aside NZ$67 million of funding that would help in reducing emissions and make government organisations carbon-free by 2025.

Moreover, efforts are being made to keep higher-emissions vehicles off the road by creating a new Low Emission Transport Fund.

Don’t Miss: Climate Change Commission delivers final report to New Zealand Government

A peek into the NZ electric vehicle market

With the influx of electric vehicles into the country, New Zealanders have become more climate-conscious and are increasingly changing their present fleet to this new-age electric battery-driven fleet. As more than 80% of NZ electricity is generated from renewable sources,  these EVs emit 80% lesser toxic carbon emissions than the regular ones.

Read: Electric Vehicles Then & Now: Tracing The Near 200-Year History    

At present, Aotearoa’s electric vehicle fleet majorly constitutes of light vehicles. As per reports, there were about 18,500 electric vehicles in 2019. Among them, 75% of the light EV fleet consists of pure EVs, and the remaining comprises of plug-in hybrid vehicles.

Recommended Read: Is New Zealand transport’s transition to EVs a feasible option?

Further, Wellington and Auckland had the largest ownership rate with 4.8 light EVs per 1000 people. On the other hand, the country’s West Coast region recorded the lowest ownership rate of just 0.8 light EVs per 1000 people.

Also Read: Electric Vehicles: 6 Stocks To Watch Out For in 2021 Apart From Tesla

Presently, the New Zealand car market is flooded with numerous electric vehicles, right from affordable ones to a high-end range. Some of the EVs running on NZ roads are:

  • MG ZS EV costing NZ$48,990
  • Nissan Leaf priced at NZ$61,990
  • Renault Zoe ZE50 costing NZ$65,990
  • Hyundai Ioniq priced at NZ$71,990
  • Kia Niro EV EX costing NZ$77,990
  • ​Hyundai Kona Electric priced at NZ$78,990
  • ​BMW i3s costs NZ$87,500
  • Tesla Model 3 Long Range valued NZ$92,900
  • Audi e-tron 50 costs NZ$119,900
  • Mercedes-Benz EQC 400 priced NZ$148,800 (Electric Art Line)
  • Jaguar I-Pace S valued at NZ$149,900
  • Tesla Model S Long Range $159,990
  • Audi e-tron 55 Sportback costing NZ$169,900
  • Jaguar I-Pace HSE valued NZ$169,900
  • Porsche Taycan priced NZ$173,900
  • Tesla Model X Long Range $174,990
  • Porsche Taycan 4S valued at $203,900
  • Tesla Model S Plaid Plus costing NZ$267,900
  • Audi RS e-tron GT priced NZ$273,500
  • Porsche Taycan Turbo S $366,900

Road Ahead

Apart from the initial high investment, there are plenty of merits for owning an electric car, especially when the health of the environment is of utmost importance. 

Unlike yesteryears, when these electric cars were priced very high and out of the reach of the common man, manufacturers these days are rolling out electric cars, which are now affordable and provide a wide range of options. With a gush of a wide range of EVs into its economy, Aotearoa will soon be ready to dive into a carbon-neutral future.

Read: Will EV Market Help New Zealand Reach Zero Carbon Level?


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.