The new electric car segment is evolving faster than any other segment of the New Zealand automotive market. This new car market report focuses on NZ new passenger cars added to the registration system each month. This segment does NOT include used imports, utes, or light vans. See the complete light vehicle market share report.
How is market share increasing across the different regions in NZ? What is market share? The percentage of light vehicles registered each month that are EVs. This includes passenger cars and light goods vehicles (such as utes and vans under 3,500 kg). An EV is a vehicle that can be charged externally (BEV or PHEV).
EVs are known for their instant torque and speed off the mark. Acceleration speed is not just a ‘vanity’ spec – it reveals more about the drivetrain than battery size or motor power output. Batteries are heavy, so a larger battery requires more power to move the vehicle. The power rating (kW) alone does not
Over the last year, EV prices have increased; the combination of the semiconductor shortage and intense demand has seen incremental price rises in several brands. However, the market is changing rapidly as new brands and models arrive in New Zealand. BYD, in particular, has pushed the average price down. At the beginning of 2022, the
What sort of range do you get for your dollars? The greater the distance above the trend line, the greater the value for money in terms of range. Apply Clean Car Rebate Show / Hide Future EVs This chart compares the price of new EVs (under $100,000) against their range. Typically, the higher the price,
New BEV Registration In 2021, over 75% of new full EVs registered in New Zealand were either an MG, Hyundai, or Tesla. This continues to change as the market becomes more fragmented, and brands like Polestar and BYD take market share. The shape of the EV market is completely different from the non-EV market. A
The transition to electric vehicles is neither straightforward nor rapid. Factors such as supply constraints, huge demand for metals, and rising inflation make it unlikely we’ll see a “tipping point”. NZ’s adoption of EVs has been unpredictable and slower than anticipated. However, the introduction of the clean car scheme in 2021 definitely changed the market.
The first Tesla in New Zealand was registered in 2012. It was a red Tesla Roadster, one of only a few thousand produced. A few years would pass before the Model S began to appear on NZ roads (one used import in late 2014, followed by new registrations in 2015). Tesla Motors launched its distributorship
Electric vehicles – while growing in numbers – represent a small part of the vehicle market, with the majority being Internal Combustion Engine (ICE) vehicles. Most recent quarter The snapshot of the last three months shows the powertrain of light vehicles registered in NZ. Vehicle Registrations – Motive Power What is the motive power of
Growth of the New Zealand light EV fleet.