30-11-2023, 06:16 PM
It will be interesting to see what effect on the national fleet the coming RUC changes will result in. The inclusion of EVs in the RUC system has long been expected but a change to distance based RUC levies for all road going vehicles will change the cost of ownership and in particular for those that pay their RUCs by way of a portion of the Fuel Excise Tax at the pumps currently. See page 6 of the coalition agreement for information on this.
The real question though is how genuine Luxon & co are in respect to ongoing support of renewable fuels and regenerative energy (e.g. funding public EV charging facilities). Will the expected removal of FET's RUC component be accompanied by a significant increase in carbon tax so as not to result in a benefit to high consumption cars? Time will tell I guess.
The real question though is how genuine Luxon & co are in respect to ongoing support of renewable fuels and regenerative energy (e.g. funding public EV charging facilities). Will the expected removal of FET's RUC component be accompanied by a significant increase in carbon tax so as not to result in a benefit to high consumption cars? Time will tell I guess.