Market

The new electric car segment is evolving faster than any other segment of the New Zealand automotive market. This 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. Market share snapshot

The presence of electric vehicles in the market is growing, but they still only constitute a small portion, with internal combustion engines dominating the market. Market share snapshot The powertrain of light vehicles registered each month shows significant fluctuations. The supply of EVs can vary significantly from month to month, making a 3-month outlook a

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

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).

Growth of the New Zealand light EV fleet.

According to the Ministry for the Environment, “two-thirds of transport emissions come from the light vehicle fleet.” The light vehicle fleet includes all passenger cars and utes and vans under 3,500 kg. One of the ways to reduce emissions is by the uptake of battery electric vehicles, and successive New Zealand governments have set targets