(13-12-2024, 10:22 AM)king1 Wrote: Did I not hear recently that EV companies have been caught with a lot of stock that they have had to discount heavily in order to move them?Car sales are sluggish in general and EVs have followed that trend but have outpaced ICEV sales in most overseas markets. NZ is in a unique situation in that the coalition government has implemented numerous policies unfriendly to EVs in the last 12 months. Canning the Clean Car Discount, levying a relatively high RUC on EVs earlier this year, adding an ACC levy to EV registration and the collateral damage and uncertainty caused by the misinformation spread regarding the 'electricity crisis' a few months back.
Australia in comparison is seeing a boom in EV sales following a stuttering start in adopting the technology. The introduction of V2G there is being looked forward to within EV and solar circles as it will be here as the common A & NZ 4777 electrical standard is rolled out here next year.
ETA EV prices will continue to fall as the technology matures and economies of scale reduce manufacturing costs. Not a good time to be left holding old stock as newer and better models become available.