Tesla's Model 3. Photo / Tesla
EVs soared to account for one in five sales in the wake a new tax perk designed to spruce sales - but have now fallen back to just over one in 10.
Vehicles with some form of electrification accounted for 11 per cent of NZ's new-car market in January, according
to figures MIA figures.
That was up on EV's 8 per cent share in January 2021, but well off September when electrified vehicles accounted for 21 per cent of new-car sales as the Government's Clean Car Discount, which allows for a rebate of up to $8625 for a new EV, kicked in, and pent-up demand generated by the long-anticipated subsidy was unleashed.
By November, sales of EVs were still strong, but had slipped to 17 per cent of the new-car market.
Similarly, while Tesla's Model 3 was the top-selling vehicle overall in September, with 1066 sales, dethroning Toyota's Hilux (648), the Model 3 did not make the top 10 for January (see foot of story).