Car importers stuck with excess EVs, weak demand
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Car importers are grappling with excess stock and high storage costs as demand evaporates for electric vehicles.
Sales of electric vehicles have plummeted since the end of the Clean Car Discount and the introduction of road user charges for the vehicles.
"Under the previous government, the message was simple: transport emissions were a major concern, EVs were the solution, and because EVs were expensive, rebates would make them more affordable to encourage uptake," said Motor Industry Association chief executive Aimee Wiley.
"This combination of incentives and a clear, focused message to consumers produced tangible results. In 2023 January through August, one in four new light passenger vehicles sold were EVs. Fast forward to 2024 and EVs make up just one in 11 new light pas...










