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

ANZ survey: ‘The worst will soon be past’
Economy

ANZ survey: ‘The worst will soon be past’

ANZ-Roy Morgan's survey shows that consumer confidence bounced back from recessionary lows in July.“It’s still very low but has clawed back about half the March-April fall that coincided with ‘recession’ headlines. The lift was driven by improving expectations rather than the...

Staff reporters 26 Jul 2024
The kiwi dollar is falling prey to the bears
Economy

The kiwi dollar is falling prey to the bears

The only worst performer is the Norwegian krone.

Rebecca Howard 26 Jul 2024
Holidays Act: no vacation for taxpayers
Economy In-depth

Holidays Act: no vacation for taxpayers

Let's pay billions of dollars and get nothing new for it.

Nikitin Sallee 25 Jul 2024
Recession worries? Blame China's economic flu
Economy

Recession worries? Blame China's economic flu

Treasury's chief economic adviser says China's economic woes are being felt in NZ.

Dileepa Fonseka 25 Jul 2024