The Electric Vehicle Council (EVC) strongly supports the Australian Government's development of a New Vehicle Efficiency Standard (NVES) and endorses Option B as the preferred design. The EVC highlights that Option B is feasible, technology-neutral, and achievable under various powertrain uptake scenarios, delivering significant carbon abatement consistent with the government's climate targets. Key points include:
- Benefits of Option B: The standard is designed to drive down fuel costs, reduce emissions, improve air quality, and enhance energy independence. It offers a high benefit-cost ratio and aligns with international best practices.
- Feasibility and Market Analysis: The EVC provides four hypothetical scenarios demonstrating that the market can achieve Option B targets even with varying powertrain mixes, including scenarios with low BEV market share (as low as 20%). The analysis shows that the market is expected to meet early targets (2025-2027) with surplus credits available for later years.
- Support for the Automotive Industry: The EVC recommends additional policy actions, including allowing direct acceptance of imported EVs, extending consumer incentives, and supporting workforce transition in the automotive sector.
- Regulatory Recommendations: The EVC supports the proposed regulated entity (type approval holder) and the establishment of the Cleaner Car Regulator. It emphasizes the importance of timely implementation (starting January 1, 2025) and transparency through annual standard results publication.
- Additional Actions: The EVC suggests leveraging new vehicle sales data for broader policy and industry development, similar to New Zealand's approach.
Overall, the EVC concludes that Option B is a strong, achievable standard that will significantly benefit Australia's transport sector and align with global decarbonization efforts.
