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New Zealand Electric Vehicle Market Rises from the Depths! (CHARTS)
Once touted as a possible “Norway of the Pacific,” New Zealand’s electric vehicle transition was stopped in its tracks by a change of government.
AI Summary
New Zealand's electric vehicle market has seen a significant increase in recent years. The market had previously experienced a decline following changes to government policies, including the removal of tax incentives and the introduction of a road user charge. This shift led to a decrease in electric vehicle sales. However, the market has now rebounded, with sales increasing.
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