**EV Subsidy Cut: NZ Short 14,000 Cars**

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Post on Nov 08, 2024

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EV Subsidy Cut: NZ Short 14,000 Electric Cars, and It's Not Cool

Hold up, what's the deal with this EV subsidy cut?

Remember those sweet, sweet EV subsidies NZ was dishing out? Well, they got axed in July 2023, and it's making a real dent in the electric car scene. We're talking a projected shortfall of 14,000 EVs by 2025, folks!

Why's everyone freaking out about this?

The government's goal was to get 64,000 EVs on the road by 2025. But with the subsidies gone, things are looking a bit grim for that target. The cut means that many Kiwis are now finding EVs out of reach, especially those who were relying on the financial boost to make the switch.

So, what's the impact on the environment?

This ain't just about wallets, guys. It's about the environment. The government's whole deal was to fight climate change, and a big part of that was pushing electric vehicles. Fewer EVs on the road means more greenhouse gas emissions, and that's a real bummer for Mother Earth.

But hey, there's still hope!

While the subsidy cut might be a blow, it doesn't mean we're doomed to a future filled with petrol-guzzlers. Some folks argue that EVs are getting more affordable anyway, so maybe the subsidies weren't necessary.

The bottom line?

The EV subsidy cut is a big deal. It might be a sign of things to come, but it also shows that we need to get creative and find new ways to make EVs accessible to everyone. Whether you're a passionate eco-warrior or just looking for a more affordable ride, keep an eye on the EV scene. This story is far from over!

Let's break this down a bit further:

H2: What were the EV subsidies?

The Clean Car Discount scheme was a financial incentive for Kiwis to buy electric and hybrid vehicles. Basically, you got a sweet cash back on your new EV purchase, which was pretty darn awesome.

H2: Why did the government cut them?

The government decided to axe the subsidies because they felt the EV market was maturing and that EVs would be affordable enough without them. Some even suggested that the subsidies were no longer necessary.

H2: The impact of the cut

The cut has had a direct impact on the number of EVs sold in NZ. This is evident in the projected shortfall of 14,000 EVs by 2025.

H2: What does the future hold for NZ's electric car scene?

It's tough to say for sure. We'll need to see how the market responds to the cut, and whether there are any future policy changes in the works. One thing's for sure: the EV revolution isn't over, but it may be slower than we hoped.