EV Market Stats 2024

Tracking the electric vehicle market in New Zealand.

November 4, 2024       15 min read
ev stats

The number of EVs in NZ has grown considerably since 2021. A rebate scheme, a growing selection of EV models, and favourable pricing for entry-level vehicles led to increased uptake in 2022-2023.

In 2024, EV market share decreased. The ending of rebates and the implementation of road taxes (matching diesel rates) contributed to a decline in demand.

October 2024 Update

In October 2024, 734 fully electric light vehicles (BEVs) were registered.

Type of light vehicleNumber of BEVs
NZ new passenger cars648
NZ new light commercial (utes + vans)6
Used imports80
Total734

A further 401 plug-in hybrids were registered.

In October, 10.5% of NZ’s new passenger cars were plug-in EVs (battery electric or plug-in hybrid). The Ford Mustang Mach-E was the most popular car.

So far this year, 10.16% of new passenger cars were plug-in EVs (down from 27.2% for all of 2023).

How many fully electric vehicles are there in New Zealand?

As of the end of October 2024, there are over 78,000 fully electric light vehicles (plus around 34,000 plug-in hybrids).

BEVs in New Zealand

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Number and percentage of battery electric vehicles in light vehicle fleet

What proportion of new cars registered each month are fully electric?

The monthly number of EVs varied greatly in the last quarter of 2023 (due to the impending cessation of a government incentive scheme). 2024 has a reduced but more consistent monthly market share.

This chart includes ONLY new passenger cars (it does not include used imports or commercial vehicles such as utes or vans).

Explore market share of new passenger cars (interactive) →

How many plug-in vehicles are there in New Zealand?

NZTA defines an electric vehicle (EV) as either fully electric or plug-in hybrid (as both can be propelled by externally charged electricity).

Both kinds of vehicles have shown significant growth since 2019. Although there are more fully electric vehicles on the roads than PHEVs, the share of PHEVs among plug-in vehicles has grown marginally faster.

Plug-in EVs in New Zealand

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Number and percentage of plug-ins (BEV + PHEV) in light vehicle fleet

What proportion of new cars sold monthly are plug-in hybrid or fully electric?

This chart includes ONLY new passenger cars (it does not include used imports or commercial vehicles such as utes or vans).

How has electric car market share changed over time?

In 2020, just 2.8% of new passenger cars were plug-ins. The huge market share of 2023 coincided with the impending ending of a rebate scheme.

What does the make-up of the light vehicle fleet look like?

If the vehicle fleet were represented by 100 vehicles, it would look like this.

NZ light vehicle fleet

Drill down into market share of all light vehicles →

Are electric vehicles replacing petrol vehicles?

The peak number of petrol vehicles (non-hybrids) in New Zealand occurred during 2019-2021 before declining.

Our roads are seeing more light diesel and hybrid vehicles and, to a lesser extent, more fully electric vehicles.

What proportion of new utes or vans registered are plug-in hybrid or electric?

Only 0.6% of all new utes and vans registered in 2024 (up to Sept) were plug-in electric vehicles.

Drill down into the light vehicle market

References

  1. Vehicle registration data sourced from NZTA Waka Kotahi and the Ministry of Transport (see all sources).
  2. PHEV real-world consumption tests in Europe showed 3.5 times more fuel consumed than estimated, and PHEVs are charged much less than anticipated.

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