{"id":31841,"date":"2023-04-20T08:05:17","date_gmt":"2023-04-20T07:05:17","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=31841"},"modified":"2023-04-20T08:05:17","modified_gmt":"2023-04-20T07:05:17","slug":"australia-introduces-new-fuel-efficiency-standard-to-drive-ev-uptake","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/australia-introduces-new-fuel-efficiency-standard-to-drive-ev-uptake\/31841\/","title":{"rendered":"Australia introduces new Fuel Efficiency Standard to drive EV uptake"},"content":{"rendered":"

The Australian Government has announced a new Fuel Efficiency Standard to increase the uptake of electric vehicles (EVs) nationwide.<\/h2>\n

Revealed as part of the recently published National Electric Vehicle Strategy<\/a>, the Fuel Efficiency Standard will help Australia make EV production more paramount to automakers and attractive to customers \u2013 boosting EV uptake.<\/p>\n

The new rules aim to elevate Australia in the global EV sector \u2013 of which it is significantly falling behind other developed economies.<\/p>\n

Australia\u2019s Energy Minister, Chris Bowen, commented: \u201cThe new National Electric Vehicle Strategy will introduce a Fuel Efficiency Standard that will outline how much carbon dioxide a car will produce when running.<\/p>\n

\u201cFuel-efficient and electric vehicles are cleaner and cheaper to run – today\u2019s announcement is a win-win for motorists.\u201d<\/p>\n

Australia\u2019s EV sector trails massively on the global stage<\/h3>\n

The uptake of EVs in Australia is significantly lacking compared to other nations and is inhibiting the country\u2019s net zero ambitions.<\/p>\n

Australia\u2019s carbon emissions rank as one of the largest globally per capita, with the transport sector making up the third largest source of emissions.<\/p>\n

Only 3.8% of new cars sold in Australia were electric in 2022, which pales in comparison to other countries, with the UK and Europe experiencing 15% and 17% of sales, respectively.<\/p>\n

Moreover, new cars in Australia use 40% more fuel than in the European Union and 20% more than in the United States.<\/p>\n

Introducing the Fuel Efficiency Standard is estimated to reduce around three million tonnes of carbon emissions by 2030 and over ten million tonnes by 2035. The measures could also save motorists $349 annually.<\/p>\n

The Electric Vehicle Council of Australia said: \u201cA robust and ambitious fuel efficiency standard is a necessary prerequisite for the increased supply of electric vehicles to Australia, and in turn, to ensure Australia\u2019s transport sector does its fair share in reducing emissions in line with achieving an economy-wide 43% reduction by 2030.\u201d<\/p>\n

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\u00a9shutterstock\/Scharfsinn<\/figcaption><\/figure>\n

Aims of the National Electric Vehicle Strategy<\/h3>\n

The National Electric Vehicle Strategy outlines three key objectives to increase EV uptake and reduce emissions. These include:<\/p>\n