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 ABOVE

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 ABOVE

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Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

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

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f6354fc6-1291-41e1-95aa-b1ec01700089/transcript