Dept of Climate Change, Energy, Environment & Water
Australian drivers will soon have more options for cleaner and cheaper cars, thanks to the New Vehicle Efficiency Standard (NVES) passing the Australian Parliament.
This will save motorists money on fuel and help the environment.
The NVES will:
- provide Australians with more fuel-efficient options, including a wider variety of diesel, petrol, hybrid, and electric vehicles
- cut emissions from new passenger cars by over 60% by 2030
- halve emissions from new light commercial vehicles in the same period
- reduce greenhouse gas emissions by about 321 million tonnes by 2050
- save motorists about $95 billion in fuel costs by 2050
- align Australia with most of the global car market.
The NVES starts on 1 January 2025 and will apply only to new cars.
The 2024-25 Budget includes $84.5 million over five years to:
- support the scheme
- establish a regulator
- facilitate credit trading between manufacturers.
This standard ensures Australians can still buy their favourite vehicles while getting access to safer, more modern, and cleaner cars
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