Toyota and Hyundai support revised NVES, FCAI remains concerned

Toyota Motor Corporation Australia and Hyundai Motor Company Australia have reiterated their support for the revised NVES draft, but the Federal Chamber of Automotive Industries wants to see all the legislation and modelling which forms the basis for this policy  

Toyota Australia president Matthew Callachor says his company has long supported introducing an ambitious fuel-efficiency standard calibrated to the Australian market’s unique requirements, leaving no one behind.

“We welcome the Federal Government’s willingness to consult on this important public policy and to make changes that represent a positive step forward,” Callachor says.

“Even so, Toyota and the industry face enormous challenges that must be addressed before these significant reductions can be realised.

“Our task now is to deliver diverse technologies enabling our customers to choose vehicles with lower or zero carbon emissions that best suit their circumstances.

Hyundai:

“The NVES framework seems to strike the right balance between ambition and practicality,” said Hyundai Australia Chief Operating Officer John Kett.

 “With this standard in place, Hyundai dealers will have great vehicles to sell, customers will have great vehicles to drive, and the automotive industry will be playing its part in reducing emissions in line with Australia’s commitment to decarbonise,” said Kett.

The ambition of the Australian Government’s NVES policy aligns with Hyundai’s global vision for the rapid development of sustainable transport technologies.

“Hyundai has been selling EVs in Australia for six years and investing in the technology globally for decades. We intend to bring many more EVs to the Australian market while substantially reducing the emissions profile of our entire range.

“The New Vehicle Efficiency Standard will help us to do that, and now we can look forward to getting on and selling some cars,” said Kett

FCAI:

The Federal Chamber of Automotive Industries (FCAI) welcomes the Albanese government’s changes to the New Vehicle Efficiency Standards (NVES) and recognises them as a step in the right direction.

However, the FCAI is concerned about the industry and motorists’ impending challenges.

The FCAI will review the draft legislation in detail to understand the impact on the industry and consumers.

It calls on the government to release all legislation and modelling that forms the basis for this policy.