Greig Epps: Imported Motor Vehicle Industry CEO on the drop in EV sales in New Zealand

from Best of Business · host Newstalk ZB

The New Zealand electric vehicle market has run out of charge. New Motor Industry Association data shows just one in eleven new vehicle sales are electric, compared to last year where it was one in every four. Imported Motor Vehicle Industry chief executive Greig Epps says it's left many importers with excess stock. However, he says hybrid sales, on the other hand, continue to stay strong. "43 to 45 percent of the used imports that we're bringing in this year have been hybrids. Hybrids are a really solid technology." LISTEN ABOVESee omnystudio.com/listener for privacy information.

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