EV sales burn bright, utes stall on govt intervention

EV sales burn bright, utes stall on govt intervention
(Image: Getty)
Brent Melville
Sales of the BYD Atto 3 and Tesla Model Y shared 44% of the 4,590 electric battery vehicle (BEV) sales for the year to March, selling 995 and 991 units respectively.Those two models, alongside the MG ZS, which sold 577 units, and the Kia EV6, at 7% of the market, made up almost two-thirds of the market category.EV sales were the bright spark of an otherwise modest month for car sales, helping push passenger and SUV sales up 4% year-on-year, according to data from the Motor Industry Association (MIA).BEV sales, at a total of 2,656, also surpasse...

More Economy

Court funding miss ‘undermines market confidence’
Finance

Court funding miss ‘undermines market confidence’

Plenary and Infrastructure NZ wrote to ministers over PPP ‘disappointment’.

Phasing out $6b capital layer unlikely to dent banks’ ratings
Finance

Phasing out $6b capital layer unlikely to dent banks’ ratings

Banks’ credit ratings likely unmoved if Additional Tier 1 capital phased out. 

Inflation data keep RBNZ rate cuts on track
Economy

Inflation data keep RBNZ rate cuts on track

Today's data point to inflation peaking close to 3% in 3Q. 

Rebecca Howard 16 Sep 2025
Cars from collapsed dealer at director’s previous firm
Economy

Cars from collapsed dealer at director’s previous firm

Cars were moved off the yards before the insolvencies.

Gregor Thompson 16 Sep 2025