Clean Vehicle Standard 2022 Regulations
The Clean Vehicle Standard sets ambitious targets and financial penalties on importers to regulate the emissions from light duty vehicles.
Stricter targets are applied on light passenger cars than on light commercial vehicles. In 2023, light passenger vehicles must meet a standard of 145g CO2e/km, while light commercial vehicles must not emit more than 218g CO2e/km. These standards increase stringency to 63.3g CO2e/km and 87.2g CO2e/km in 2027 for light-duty passenger and light commercial vehicles, respectively. Revenues generated are used to provide rebates on low emitting vehicles.
Want to know more about this policy ? Learn more (https://www.legislation.govt.nz/act/public/2022/0002/latest/whole.html#LMS536334)