EV sales push car sales up 77%, but that could stall

EV sales push car sales up 77%, but that could stall
Tesla is still a firm favourite in the EV market. (Image: Getty)
Brent Melville
New car sales decelerated by 4.3% during December but that did little to subdue a record year for the industry, with the 116,445 car registrations sparked in the main by electrified vehicle sales.There were 41,103 electrified vehicles sold over the year, which was up 77% or 17,930 units on the year before.That helped drive overall sales up by 3.8%, or 4,302 units on last year's numbers, making it the strongest year for registrations of passenger and SUV vehicles on the books. Sales of battery electric vehicles (BEV) – at 16,223 &...

More Economy

RBNZ and the curious case of prudential stacks
Opinion

Andy Macdonald: RBNZ and the curious case of prudential stacks

The end result of the RBNZ’s capital review will be both revealing and fascinating.

Andy Macdonald 21 Oct 2025
Economists expect a 25bps cut in Nov, inflation as expected
Economy

Economists expect a 25bps cut in Nov, inflation as expected

Annual inflation was 3%, within the 1% to 3% band. 

Rebecca Howard 20 Oct 2025
Annual inflation hits 3% as housing and power costs surge
Economy

Annual inflation hits 3% as housing and power costs surge

It follows a 2.7% rise in the June quarter. 

Rebecca Howard 20 Oct 2025
A brief inflation spike won’t spook the RBNZ
Economy

A brief inflation spike won’t spook the RBNZ

Some economists believe annual inflation could reach 3.1% in the third quarter. 

Rebecca Howard 17 Oct 2025